The transaction was announced in April and AMERGINT said Tuesday the acquisition of the Danbury, Connecticut-based business will expand its capabilities to provide next-generation platforms designed to capture, process, transport and exploit critical mission data in support of warfighters and decision makers. Check out our new company website & learn more about the ARKA mission. His coverage can include openings and closings of local businesses, trends in unemployment, details of developments from major companies and utilities, and investigating the impact of state politics and regulations on the private sector. London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR s.. Blackstone blocked investor withdrawals from $71 billion REIT in February. BEYOND BEGINS HERE Explore how our solutions perform the critical ground functions needed for space systems RF Communications Terrestrial Transport Cloud Computing Telemetry and Commanding Cyber Security Networks Data Acquisition/Control RF Communications. The acquired assets comprise electronic warfare technologies. We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. The terms of the transaction were not disclosed. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Your account has been registered, and you are now logged in. Raytheon Technologies Corp.s board of directors is taking a pay cut. GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity. The terms of the transaction were not disclosed. We won't share it with anyone else. . 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. AMERGINT's wave:IQ Wideband Digitizer is the industry's most flexible and configurable solution to support the expanding landscape of high-bandwidth signals, networks, and satellite links. Boundary Equipment designs, manufactures, repairs, and supplies wear parts for mining, forestry, cement, agriculture, construction, marine, and power utility industries and is based in Edmonton, Canada. Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies' space-based precision optics business, part of its Collins Aerospace unit. RED 6 develops outdoor augmented reality solutions for air combat training and is based in Santa Monica, CA. Terms of the transaction were not disclosed. Notifications from this discussion will be disabled. Please avoid obscene, vulgar, lewd, 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 . Global Results Communications (GRC) The new. Since acquiring Deep Space Industries, Bradford has focused on organic growth, combining the capabilities of the firms it acquired to develop a maneuverable spacecraft bus. Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8 billion, including debt, a bet that rents will continue to rise. Similarly, Redwire parent AE Industrial Partners, is looking further into the future. UTC was instructed to sell off the electro-optics unit, while Raytheon Co. was forced to part ways with its military GPS and tactical radio assets, which were ultimately sold to British defense conglomerate BAE Systems in July. 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Thales Corporate Ventures is the venture capital investment arm of Thales Group and is based in Paris, France. Blackstone Group's ( BX) Blackstone Real Estate Income Trust (BREIT) has reached an agreement for the acquisition of Home Partners of America (HPA). "In addition to our existing share buyback, we are today announcing plans to seek shareholder approval for a buyback directed towards the Blackstone/Thomson Reuters consortium's stake, which will benefit all shareholders," LSEG Chief Executive David Schwimmer said in a statement. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds. Delayed Nyse AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. Simpson Thacher & Bartlett LLP is serving as legal advisor to AMERGINT. Get an email notification whenever someone contributes to the discussion. Your purchase was successful, and you are now logged in. Thats the approach favored by Max Polyakov, founder and CEO of Earth Observing System (EOS) and Noosphere Venture Partners managing partner. Amergint specializes in software-defined communications technology for military, intelligence and commercial customers and it's on the rise. Schwimmer said the integration of Refinitiv and a strategic $2 billion partnership announced with Microsoft in December meant LSEG is "shifting from integration to transformation". The nDAQ hosts software configurable data acquisition modules and application software that enable test and ground support equipment to control and . 14 UConn's 88-59 win over DePaul Wednesday, Girls basketball roundup: East Hartford, Edens take Class LL tourney opener. Don't knowingly lie about anyone Covering the business and politics of space. Blackstone will buy American Campus Communities for $12.8 billion including debt, the student housing company said on Tuesday, as the world's biggest alternative asset manager bets on rents. The terms of the transaction were not disclosed. A mix of sun and clouds by afternoon. The pace of space industry exits is picking up in the United States where private equity firms and holding companies are scooping up startups and enterprises established decades ago. We want to hear from you. Amergint's strategy has paid off - the company has been profitable in both 2011 and 2012 and has nearly doubled its revenue in each year of operations, though company officials declined to reveal . The business is headquartered in Danbury, Connecticut, and will be renamed Danbury Mission Technologies (Danbury). 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. Got a confidential news tip? Larry Hill, CEO of AMERGINT Technology Holdings said in the Tuesday release that Danbury is known for designing, developing, and producing optical systems for Earth Observation (EO) applications and supporting national security space programs. Blackstone has since doubled down on Sin City, closing in February 2020 on a $4.6 billion joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay. AMERGINT Technologies Holdings (ATH) has completed the acquisition of Raytheon Technologies electro-optics technology business. Danbury was previously a division of Raytheon Technologies' Collins Aerospace unit. "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. electro-optics technology business. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group completed the acquisition of AMERGINT Technologies, Inc. on May 18, 2020. Terms of the pending deal were not disclosed. , AMERGINT said the companys senior management will stay on. 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.. Xwing develops flight technology solutions for unmanned aircrafts and is based in San Francisco, CA. Blackstone has made sizable moves in the rental market with a series of deals in recent months, taking advantage of skyrocketing rents in the multifamily and single-family sectors. This field is for validation purposes and should be left unchanged. The transaction is subject to customary closing conditions, including the receipt of the required U.S. regulatory approvals. 2023 AMERGINT Technologies, Inc. All Rights Reserved.Privacy | Terms & Conditions for Suppliers |Quality Clauses for SuppliersEIN# 26-3783816. The UK has also launched a raft of capital market reforms aimed at helping to close the listings gap with New York. 2023 AMERGINT Technologies, Inc. All Rights Reserved.Privacy | Terms & Conditions for Suppliers |Quality Clauses for SuppliersEIN# 26-3783816. The terms of the transaction were not disclosed. Mill Hill Capital is a private investment firm based in Naples, FL. Cobham RAD provides military standard radiation effects test services and is based in Colorado Springs, CO. In other cases, small space firms could be merged into vertically integrated businesses meant to stand on their own. Terms of the sale, including price, were not made public. Amergint. There has never been a more important time for technological advances in national security space applications and, together, AMERGINT and Danbury will continue to solve our partners toughest challenges to advance and protect U.S. interests.. There was an error processing your request. Error! The company delivers next-generation solutions to manage the capture, processing, transport, and exploitation of vital mission data for communication and data links. The terms of the transaction were not disclosed. 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. Zach cover all topics that fall under business. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Architect Equity is a private equity firm based in El Segundo, CA. The terms of the transaction were not disclosed. With 2020 a little more than half over, eight U.S. space companies have been acquired and more deals are in the works. LSEG said it would seek shareholder consent to buy more of its own stock from a consortium of Blackstone and Thomson Reuters from which it acquired the data analytics group for $27 billion in . The U.S. market alone racked up 11 exits in 2019 compared with eight in 2018. 6/2/2020 Framatome acquired the U.S. commercial nuclear services business of BWX Technologies, Inc. (NYSE:BWXT). In space, exits probably happen in 10 years, 20 years or maybe never. Submitting this form below will send a message to your email with a link to change your password. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers. 6/29/2020 Architect Equity LLC agreed to acquire the Aerospace Composite Manufacturing Business of AAR Manufacturing, Inc. Exits are now on the rise thanks to the spate of acquisitions and Virgin Galactics headline-grabbing IPO and reverse merger. AEI combined DSS with their recently acquired portfolio company, Adcole Maryland Aerospace, LLC, to form Redwire, a space platform focused on designing and developing mission critical space solutions and high reliability components in support of the next generation space architecture. Stock Transfer Agent.. Enterprise provides systems engineering, information technology, and program management office services and solutions to the U.S. federal government and is based in Vienna, VA. Cognosante provides consulting, technology, and business process outsourcing services to healthcare organizations and is based in Falls Church, VA. 5/28/2020 Leading Technology Composites, Inc. acquired Business Assets and Contracts of ArmorStruxx, LLC. Gardner is a private equity firm based in New York, NY. that is degrading to another person. Space programs across hundreds of ground locations rely on AMERGINT products and those customers value our expertise and support. 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. The transaction was announced in April and AMERGINT said Tuesday the acquisition of the Danbury, Connecticut-based business will expand its capabilities to provide next-generation platforms. 4/30/2020 Lowden Street Capital acquired Southern Air Custom Interiors, Inc. It has also invested in 11 others. 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. . The Blackstone Group is an alternative asset management firm based in New York, NY. Akerman LLP served as legal advisor to AEI. each comment to let us know of abusive posts. It's been a busy week for private equity, with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. +1 949 608 0276 For as long as the United States has recognized the need to observe the Earth from space, this business has delivered technological breakthroughs to do so. In May 2022, posts across social media suggested Blackstone may now, having acquired 75% of Ancestry.com in 2020, own DNA samples belonging to the genealogy site's customers. 6/23/2020 Gardner Standard LLC acquired Shadin L.P., dba Shadin Avionics LP. 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. Space investors say they are looking well beyond the current public health and economic crisis. Your e-mail address will be used to confirm your account. While that worked for Virgin Galactic, few other space companies possess the name recognition and glamour of the suborbital tourism firm established in 2004 by British billionaire and Virgin Group founder Richard Branson. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. 5/7/2020 The Auxiliary Group, LLC, dba TAG Aero, and Unique Airmotive Services announced that they recently completed a dual acquisition and merge facilitated by Mill Hill Capital. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. AEgis provides 3D visualization and embedded training devices for unmanned systems and is based in Huntsville, AL. Whats more, the IPO market has been very depressed in the last couple of years, Crawford said. 2023 AMERGINT Technologies, Inc. All Rights Reserved. Bradford Space acquired Deep Space Industries in 2019 and ECAPS, a Swedish company known for satellite thrusters and nontoxic propellant, in 2017. Sign Up Now! Our breadth of engineering expertise allows AMERGINT to solve hard problems, and we take pride in the many bright minds who work here. TAG Aero specializes in the purchase, sale, and lease of all APU models for commercial and regional aircrafts and is based in Winter Garden, FL. In its latest move, the firm's private real estate investment trust is acquiring WPT Industrial. Please Paste Your Resume Text Here (we do not open attachments). The company's software is deployed virtually on cloud architectures performing control center data formatting and interface conversion for commands and telemetry, with full support for NSA . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This is the name that will be displayed next to your photo for comments, blog posts, and more. Copyrights Executive Mosaic - All Rights Reserved. The business is headquartered in Danbury, Connecticut, and will be renamed. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. For more than six decades, ARKA companies have helped create a safer nation, a smaller world, a universe of discovery. or anything. In an interview with CNBC, he estimated that the revenue impact of the Microsoft deal would be seen in 2025. Email notification whenever someone contributes to the e-mail address will be used to confirm your account electro-optics technology.... Test services and is based in Paris, France given to legal or financial...., in 2017 on your account was previously a division of Raytheon Technologies Corp.s board of is! 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