M&A Activity

Aircraft components and services provider Precision Aviation Group has completed the acquisition of Icon Aerospace and Tag Aero. PAG, a portfolio company of GenNx360 Capital Partners, said Monday that the acquisition will expand its avionics and engine services. “Icon and Tag joining PAG significantly bolster our Avionics services and engines services businesses with incremental capabilities, […] More

Intelsat CEO and past Wash100 award winner David Wajsgras said in a recent interview that the fate of his company’s brand once the merger with SES is completed is still being discussed by himself and SES CEO Adel Al-Saleh with input from “[inside] and outside people and groups.” Wajsgras told Via Satellite that losing the […] More

Precise Systems has acquired Tucson Embedded Systems, its third acquisition since its partnership with Bluestone Investment Partners began in January 2023. In a statement, Scott Pfister, president and CEO of Precise Systems, said TES brings to the company advanced engineering expertise, specifically open architecture software development, which are capabilities that are increasingly in demand across […] More

Hewlett Packard Enterprise has wrapped up its acquisition of hybrid and multi-cloud management software provider Morpheus Data. Brian Gruttadauria, chief technology officer in charge of hybrid cloud at HPE, said in a blog post on Friday that the addition of Morpheus makes HPE GreenLake the first to offer a full suite of enterprise-grade hybrid cloud […] More

Hewlett Packard Enterprise has agreed to purchase Morpheus Data as part of efforts to deliver a comprehensive suite of capabilities and services across the hybrid cloud stack and expand its presence in the intelligent cloud operations market. HPE said Thursday it expects the transaction to conclude in the fourth quarter of its 2024 fiscal year […] More

Stored energy platforms provider EnerSys has finalized its purchase of Bren-Tronics for approximately $208 million as part of a push to broaden its footprint in the defense market. EnerSys said Friday it will integrate the newly acquired company into its Specialty business line. Commack, New York-based Bren-Tronics has been producing small and large format lithium […] More

KBR has entered into a definitive agreement to purchase LinQuest Corporation – a company focused on engineering, data analytics and digital integration – for $737 million.  Baird served as the exclusive financial advisor for the deal, through which KBR intends to unlock new opportunities for revenue growth and meet the needs of clients and the wider […] More

Tyto Athene has completed its acquisition of managed cybersecurity services provider MindPoint Group, first announced last month. In light of the acquisition, MindPoint President Patti Chanthaphone will assume the position of Tyto’s federal civilian group president, where she will work to accelerate future cyber growth, the Arlington Capital Partners portfolio company said Tuesday. Dennis Kelly, CEO of Tyto, […] More