From human spaceflight to satellite test solutions, AMERGINT is a trusted partner for commercial, civil, and government customers. That business can then become a viable acquisition for a larger company.. London Stock Exchange Seeks Shareholder Approval for GBP750 Million Directed Share Buyb.. Alight Secondary Public Offering of Shares Upsized, Priced at $9 Each. The first was Altius Space Machines, a robotics and technology startup. The terms of the transaction were not disclosed. GovCon Wire is always on top of the most recent contracting sector activity and is updated in real time as the news breaks. AMERGINT Technologies Holdings (ATH) has completed the acquisition of Raytheon Technologies' electro-optics technology business. Debra Werner is a correspondent for SpaceNews based in San Francisco. Data Acquisition, Processing, Analytics, and Display. The unit, a division of Collins Aerospace, now belongs to Amergint Technologies, a Colorado firm that specializes in communications and data-processing systems for military and commercial satellites. All sports, all the time, plus unique coverage of UConn athletics, local high school sports, and Connecticut's pro teams, the Sun and Hartford Athletic. The terms of the transaction were not disclosed. The business, which is part of Collins Aerospace, a Raytheon Technologies business unit, is a leading technology provider of precision electro-optical systems for National . Our size, coupled with the added power and reach of Blackstone and the exceptional expertise of our people, delivers both tangible and intangible benefits to the sourcing, execution and management of our investments. Exits are now on the rise thanks to the spate of acquisitions and Virgin Galactics headline-grabbing IPO and reverse merger. GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity. amergint@globalresultspr.com, Internet Explorer presents a security risk. EMRC designs, manufactures, integrates, tests, and supports multiple fixed and rotary wing small Unmanned Aerial Platforms and is based in Huntsville, AL. Terms of the deal were not disclosed. The terms of the transaction were not disclosed. Exits tend to occur when the economy is strong. More by Debra Werner. Data Acquisition/Control. Our customers rely on the configurability of our products. Larry Hill, CEO of AMERGINT Technology Holdings, said: We are thrilled to work with Andreas Nonnenmacher and the team at Danbury. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. Breaking news alerts - delivered to your inbox - the minute we put it online. UTC and Raytheon Co. finalized their linkup in April. Raytheon Technologies has completed the sale of its Danbury-based electro-optics business, a condition of the historic, $120 billion merger that consolidated the former United Technologies Corp . Last month, the company acquired Raytheon's. Its unclear whether the recent wave of acquisitions will lead to significant consolidation. DataWing provides aerial data and aviation operational management services and is based in San Antonio, TX. According to Amergint officials, the subsidiary has been renamed Danbury Mission Technologies, and is headed by Andreas Nonnenmacher, a former vice president at Raytheon Technologies who will concurrently serve as president of Amergint. It has also invested in 11 others. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former Raytheon and . A Division of NBCUniversal. All Rights Reserved. London Stock Exchange Group disclosed plans to buy back more of its shares on Thursday, as it lifted its income growth outlook. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The terms of the transaction were not disclosed. AMERGINT is headquartered in Colorado Springs, Colorado. Please avoid obscene, vulgar, lewd, 2023 CNBC LLC. Were an enterprise driven by innovation, mission performance, and advanced engineering. The Justice Departments antitrust division in March announced that it would green-light the merger of UTC and Massachusetts-based Raytheon Co. in the works since June 2019 provided the would-be partners divest from sensitive business segments that, if combined, could threaten competition. person will not be tolerated. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former. Sign Up Now! Blackstone : and Sixth Street Complete Sale of Kensington Mortgages to Barclays Bank UK PL.. Sector Update: Financial Stocks Gain Pre-Bell Monday, Cyber firm Wiz raises $300 mln, won't move funds to Israel amid judicial reform risk, Blackstone Secured Lending Fund's Q4 Net Income, Total Investment Income Rise. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds. If you go around buying small companies, you have to nurture them and make them play together, Fichtenbaum said. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group acquired AMERGINT Technologies, Inc. on May 18, 2020. 5/20/2020 Xwing, Inc. announced that it has received $10.0 million in its equity round of funding led by R7 Partners with participation from Thales Corporate Ventures, Alven Capital Partners SA and returning investor ENIAC Ventures. Its just a different type of deal flow, said Van Espahbodi, Starburst Aerospace co-founder and managing partner. Terms of the transaction were not disclosed. From establishing dominance in contested space to extending space survivability, ARKAs beyond-the-globe thinking helps every mission reach a new beyond. 6/1/2020 Radiation Test Solutions, Inc. agreed to acquire Cobham RAD Inc. Amergint declined to comment on its plans. This month, MGM said it was selling its Aria Resort & Casino and Vdara hotel properties to Blackstone for $3.9 billion. Read about how we use cookies and how you can control them on our Privacy Policy. Blackstone expands further into rental housing in the United States. We are proud to bring together their preeminent electro-optical capabilities with AMERGINTs next generation solutions for capturing, processing, transporting and exploiting mission critical data.. We want to hear from you. "We continue to be very excited about the prospects for this market, it continues the most international capital market and there is a real opportunity to continue to improve it," Schwimmer said. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers. 4/15/2020 The AEgis Technologies Group, Inc. acquired EMRC Heli. The Firm's most common investment types include buyout (lbo, mbo, mbi) (24%) and secondary buyout (23%). An email has been sent to with a link to confirm list signup. The world's largest alternative asset manager agreed to buy a majority stake in CoreTrust, a business that started within a supply arm for hospital giant HCA Healthcare Inc., Blackstone. For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. Boom manufactures and supplies supersonic passenger aircraft and is based in Englewood, CO. 5/18/2020 Curtiss-Wright Corporation (NYSE:CW) announced a private placement of senior notes for gross proceeds of $300.0 million. Competitors Accuvant and FishNet Security have agreed to join forces, creating a roughly $1.5 billion information security giant with solutions covering nearly every aspect of cyberdefense. The most important daily headlines from News, Sports, Business, Living, and Opinion. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Environment: transactional in United States When the deal was first announced in April, AMERGINT said the companys senior management will stay on. Check out our new company website & learn more about the ARKA mission. Southern Air is an upholstery company that focuses on customizing aircraft interiors and is based in Haleyville, AL. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, residential, office, hospitality and retail. Andreas Nonnenmacher, president of Danbury Mission Technologies will concurrently assume responsibilities as president of ATH. Unique Airmotive Services provides maintenance, repair, and overhaul solutions for auxiliary power units to the aviation industry and is based in Lake Wylie, SC. Amergint specializes in software-defined communications technology for military, intelligence and commercial customers and it's on the rise. Formed by the combination of Adcole Space and Deep Space Systems, Redwire provides mission critical space solutions and high reliability components for the next generation space architecture. Blackstone is one of the world's leading investment firms. Blackstone has agreed to acquire Home Partners of America, a buyer and operator of single-family rental properties, for $6bn, a signal of confidence from the world's largest real estate manager. Notifications from this discussion will be disabled. You have permission to edit this article. KippsDeSanto & Co. acted as financial advisor for AMERGINT Technologies, Inc. AMERGINT solutions enable mission-critical communications. Robert Basil, Board Member of AMERGINT, added: We are proud to add Raytheon Technologies storied precision-optics franchise to the AMERGINT partnership as we build a generational asset that focuses on delivering high performance national security space technologies. 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