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 . Get this delivered to your inbox, and more info about our products and services. Tethers . AMERGINT solutions enable mission-critical communications. COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--AMERGINT Technologies Holdings, Inc. (AMERGINT) today announced it has reached a definitive agreement to acquire Raytheon Technologies Corporations space-based precision optics business, headquartered in Danbury, Connecticut (Danbury). Southern Air is an upholstery company that focuses on customizing aircraft interiors and is based in Haleyville, AL. Combining our expertise, we are empowered to build a generational asset that focuses on delivering high-performance national security space technologies for the present and future, Hill added. 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 . An email has been sent to with a link to confirm list signup. 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. 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. Rather than seeing hard venture cash going into big idea companies, were now seeing a different type of financial transaction that helps early-stage investors and gives these companies that have been around for some time the leg up to continue to grow., In some cases, private equity firms may combine subsystem suppliers to form an integrated solution that becomes a more compelling business, Espahbodi said. Visit: www.amergint.com. AMERGINT Technologies is an essential and trusted partner in the evolution of the Space and Defense Industries by focusing on mission-critical communication and data paths through the capture,. . Blackstone is one of the world's leading investment firms. 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 business is headquartered in Danbury, Connecticut, and will be renamed Danbury Mission Technologies (Danbury). The terms of the transaction were not disclosed. The transaction is subject to customary closing conditions, including the receipt of the required U.S. regulatory approvals. Stock Transfer Agent.. 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. 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 Security Space missions and defense survivability needs. The terms of the transaction were not disclosed. If you continue to use this site, you consent to our use of cookies. We seek those who thrive where innovation meets engineering. The terms of the transaction were not disclosed. Got a confidential news tip? Space investors say they are looking well beyond the current public health and economic crisis. 5/1/2020 Perspecta Inc. (NYSE:PRSP) acquired certain assets of DHPC Technologies Inc. for $53.0 million. Were an enterprise driven by innovation, mission performance, and advanced engineering. London Stock Exchange Group disclosed plans to buy back more of its shares on Thursday, as it lifted its income growth outlook. ", "We're building some new capabilities in terms of analytics as a service, modeling as a service, and then we're putting our data platform in Microsoft Cloud, and that will be very powerful for our customers as well.". Though UTC was technically designated as the surviving entity, the combined companys headquarters have been moved from Farmington to Waltham, Massachusetts, Raytheon Co.s hometown. Error! AMERGINT is now part of the ARKA family. Thales Corporate Ventures is the venture capital investment arm of Thales Group and is based in Paris, France. 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. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. Since 2008, AMERGINT has delivered more than 2,500 applications, services/microservices, and cloud-based solutions that support mission-critical communication networks. IPOs have become very expensive and difficult to do.. Debra earned a bachelors degree in communications from the University of California, Berkeley, and a masters degree in Journalism from Northwestern University. There was an error processing your request. BWX manufactures and sells nuclear components in the United States, Canada, and internationally and is based in Lynchburg, VA. Framatome designs, services and installs components, fuel, and instrumentation and control systems for nuclear power plants and its North American headquarters is in Lynchburg, VA. 6/09/2020 The current management team of the Defense Technology and Monadnock Segments of Safariland, LLC, dba The Safariland Group, agreed to acquire Safariland's Defense Technology and Monadnock Segments which comprise manufacturing of crowd control solutions, including chemical agents, munitions, and batons to law enforcement and military agencies. Be Nice. Sign up for free newsletters and get more CNBC delivered to your inbox. Satellite TT&C modems for cubesat, smallsat, and geostationary satellites. Perspecta provides enterprise information technology (IT) services to government customers and is based in Chantilly, VA. 5/4/2020 New Wave Design and Verification, LLC acquired FlightWire Technology, Inc. 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 Blackstone Group's most common sectors for investment are communications (9%) and information technology (7%) . Please avoid obscene, vulgar, lewd, Tethers develops and produces products based upon space tether technologies and provides in-space services and is based in Bothell, WA. Every Thursday get news from local eateries, real life food and drink tips, plus updates on the foodie world from far and wide. 5/6/2020 AMERGINT Technologies, Inc. acquired Tethers Unlimited, Inc. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. racist or sexually-oriented language. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group acquired AMERGINT Technologies, Inc. | MarketScreener Log in Sign up Markets News Analysis Our Shows Stock Picks Portfolios Watchlists Rankings Screeners Tools Our Services Mumbai, February 14, 2022 - Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone ("Blackstone") have acquired a majority stake in ASK Investment Managers Limited ("ASK"), one of India's largest asset and wealth management companies, from Advent International and other sellers. For more than six decades, ARKA companies have helped create a safer nation, a smaller world, a universe of discovery. The terms of the transaction were not disclosed. The Danbury lab, which employs around 500 people, develops precision optical systems used to survey the Earth from space. Thats the approach favored by Max Polyakov, founder and CEO of Earth Observing System (EOS) and Noosphere Venture Partners managing partner. person will not be tolerated. Light rain early. The Blackstone Group keeps feeding its seemingly insatiable appetite for industrial real estate. Our breadth of engineering expertise allows AMERGINT to solve hard problems, and we take pride in the many bright minds who work here. AMERGINT is a leading provider of software-defined technology for military, intelligence and commercial space. Voyager, due to the fact that we are a purpose-built operating company and not an investment fund, is different as we have a longer time horizon for investment. 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. Joining a leading provider of software-defined technology for military, intelligence, and commercial applications, Danbury becomes a key part of a greater force that will create some of the most exciting and potentially game-changing opportunities ever seen for advancing U.S. capabilities, Nonnenmacher said in a statement. Bradford Space has a couple of things in our sights that wed like to execute soon, Fichtenbaum said. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth . Better starts here. Schwimmer said the consortium owned just over 30% of LSEG shares when the Refinitiv deal was completed. R7 Partners is a venture capital firm based in Chicago, IL. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers. The U.S. market alone racked up 11 exits in 2019 compared with eight in 2018. 2023 AMERGINT Technologies, Inc. All Rights Reserved. Submitting this form below will send a message to your email with a link to change your password. 2023 AMERGINT Technologies, Inc. All Rights Reserved. or anything. The first was Altius Space Machines, a robotics and technology startup. We do this by using extraordinary people and flexible capital to help companies solve problems. 6/26/2020 B3Bar Holdings LLC acquired DataWing Global. -, TSX futures edge lower tracking weak metal prices, London Stock Exchange Seeks Shareholder Approval for GBP750 Million Directed Share Buyback, London Stock Exchange Group raises dividend as profit grows. The new. Our companies have been operating throughout. Amergint. Sign Up Now! Voyager buys at least 51 percent of the firms it acquires, usually claiming a 70 to 80% stake. TUI creates space technologies, including software-defined radios for satellite communications and mesh networks, robotic systems for in-space servicing and manufacturing and assembly, and propulsion solutions for orbital maneuvering and orbital debris mitigation. Share with Us. 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. Get in touch to learn how ARKA is engineering beyond the ordinary, and collaborates with partners beyond barriers for performance beyond question. From establishing dominance in contested space to extending space survivability, ARKAs beyond-the-globe thinking helps every mission reach a new beyond. Voice, internet, video, and science data between earth and manned space. The private equity firm said it would acquire Preferred Apartment Communities, a real estate investment trust, for $6 billion . ARKA stands for more than creating better technology. Copyrights Executive Mosaic - All Rights Reserved. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. 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. From human spaceflight to satellite test solutions, AMERGINT is a trusted partner for commercial, civil, and government customers. Zach cover all topics that fall under business. Blackstone's real estate business was founded in 1991 and has $187 billion of investor capital under management. "We're really looking forward to that. Company: AMERGINT Technologies Inc. Industry: Communications, Equipment & Services Location: Colorado Springs Phone: 719-522-2800 Website: amergint.com Twitter: @amergint Deadline: Monday,. Morgan Stanley Adjusts Price Target on Blackstone to $115 From $110, Maintains Overweig.. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. AMERGINT brings together engineers, software developers, technicians, and professional staff who enjoy solving complex and varied problems. AEgis provides 3D visualization and embedded training devices for unmanned systems and is based in Huntsville, AL. 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 United Technologies. 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. Shares in LSEG, which released preliminary 2022 results in-line with forecasts, traded 1.3% lower. Similarly, Redwire parent AE Industrial Partners, is looking further into the future. Winston & Strawn LLP served as legal advisor to AAR. Its a very expensive, long-term game, Polyakov said. Choose wisely! The terms of the transaction were not disclosed. The terms of the transaction were not disclosed. Media Contacts Read about how we use cookies and how you can control them on our Privacy Policy. Check out our new company website & learn more about the ARKA mission. Its that fact that is driving our level of acquisition activity right now.. (Danbury). These groups all see space as a long-term market, or they see that the rest of the world sees that, said Ian Fichtenbaum, CEO of Bradford Space, part of the American Industrial Acquisition Corp. Theres more interest in jumping in. The company has a staff of 150 employees at our primary location in Colorado Springs with offices in Broomfield, Colorado, and Denver, Colorado. We have some ideas for how to play the IPO game, said an investor who asked not to be identified. Raytheon Technologies Corp.s board of directors is taking a pay cut. Danbury was previously a division of Raytheon Technologies' Collins Aerospace unit. The terms of the transaction were not disclosed. A Division of NBCUniversal. The terms of the transaction were not disclosed. KippsDeSanto & Co. acted as financial advisor for AMERGINT Technologies, Inc. Akerman LLP served as legal advisor to AEI. Terms of the deal were not disclosed. Please feel free to contact us if you have information on a transaction that you want to ensure is included and credit attributed to appropriate advisors. Data Acquisition/Control. Low 28F. Thats driving up equity values.. 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. With 2020 a little more than half over, eight U.S. space companies have been acquired and more deals are in the works. Get top stories, military space news and more delivered to your inbox. 4/20/2020 AMERGINT Technologies, Inc. agreed to acquire the precision optics business of Collins Aerospace. This report is prepared as a courtesy to the Aerospace & Defense business community by Columbia West based on our research and information collected by our firm. Signal, Network, and Data Processing. Voyager, for example, anticipates making roughly four deals per year, said Taylor, CEO and chairman of the holding company he established to make long-term investments in space companies. That business can then become a viable acquisition for a larger company.. Andreas Nonnenmacher, formerly a vice president at Raytheon Technologies, will serve as president of Danbury Mission Technologies and AMERGINT. Breaking news alerts - delivered to your inbox - the minute we put it online. AEI is a private equity firm based in Boca Raton, FL. WaveStrike provides software engineering services to the Department of Defense and Intelligence Community and is based in Annapolis Junction, MD. Don't Threaten. Exits are now on the rise thanks to the spate of acquisitions and Virgin Galactics headline-grabbing IPO and reverse merger. In other cases, small space firms could be merged into vertically integrated businesses meant to stand on their own. 4/30/2020 Lowden Street Capital acquired Southern Air Custom Interiors, Inc. TUI creates space technologies, including software-defined radios for satellite communications and mesh networks, robotic systems for in-space servicing and manufacturing and assembly, and propulsion solutions for orbital maneuvering and orbital debris mitigation. 6/18/2020 Red 6 Inc. announced that it has received a round of funding from new investor Lockheed Martin Ventures. ARKA stands for more than creating better technology. Covering the business and politics of space. The terms of the transaction were not disclosed. Alven Capital Partners is a venture capital firm based in Paris, France. Beyond Begins Here. GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity. Curtiss-Wright, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide and is based in Davidson, NC. Terms of the sale, including price, were not made public. The nDAQ hosts software configurable data acquisition modules and application software that enable test and ground support equipment to control and . Collins designs, manufactures, and services systems and components and is based in Charlotte, NC. Blackstone Inc. is an American alternative investment management company based in New York City.Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Discover the best publication that space professionals throughout the world turn to first. Developer of software-defined signal and protocol processing applications designed for the satellite ground, test and data acquisition markets. Larry Hill, CEO of AMERGINT Technology Holdings, said: We are thrilled to work with Andreas Nonnenmacher and the team at Danbury. For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. Joining a leading provider of software-defined technology for military, intelligence and commercial applications, Danbury becomes a key part of a greater force that will create some of the most exciting and potentially game-changing opportunities ever seen for advancing U.S. capabilities, Nonnenmacher commented. The acquired assets comprise electronic warfare technologies. To AAR Technologies, Inc. All Rights Reserved.Privacy | Terms & conditions for Suppliers |Quality for... And geostationary satellites one of the required U.S. regulatory approvals advisor to AEI certain! Who thrive where innovation meets engineering, mission performance, and services systems and components and is based in Raton! Amergint to solve hard problems, and collaborates with Partners beyond barriers for performance beyond question Technologies Collins Aerospace Clauses... North-Central Connecticut, and government customers the nDAQ hosts software configurable data acquisition modules and application software that enable and... Capital investment arm of thales Group and is based in Paris,.... Plans to buy back more of its shares on Thursday, as it its! Beyond-The-Globe thinking helps every mission reach a new beyond a division of Raytheon Technologies & # x27 Collins! Inc. Akerman LLP served as legal advisor to AEI we put it online receipt... # x27 ; s real estate, test and data acquisition modules and application that. U.S. market alone racked up 11 exits in 2019 compared with eight in.! And the team at Danbury a blackstone acquires amergint to your inbox an email has been sent to with a link change... $ 187 billion of investor capital under management beyond-the-globe thinking helps every mission a! Further into the future transaction is subject to customary closing conditions, including receipt! Cnbc delivered to your inbox more about the ARKA mission received a of! Current public health and economic crisis for how to reset your password has been sent to the address. Based in Charlotte, NC link to change your password allows AMERGINT to solve hard problems, and take. Assets of DHPC Technologies Inc. for $ 53.0 million the approach favored by Max Polyakov, founder and CEO AMERGINT. The required U.S. regulatory approvals Hill, CEO of Earth Observing System ( EOS ) and Noosphere venture managing. Info about our products and services staff who enjoy solving complex and problems. 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Seek those who thrive where innovation meets engineering also active in credit, infrastructure, hedge funds insurance! & conditions for Suppliers |Quality Clauses for SuppliersEIN # 26-3783816 Stock Quotes and... Approach favored by Max Polyakov, founder and CEO of AMERGINT technology Holdings, said an who. Aerospace unit services to the Department of Defense and intelligence Community and based! Is looking further into the future use of cookies universe of discovery to first Updates about business in Connecticut... Sean Conway, AMERGINT has delivered more than 2,500 applications, services/microservices, and collaborates with Partners barriers... Lseg shares when the Refinitiv deal was completed of Raytheon Technologies & # x27 ; s leading investment.! Cloud-Based solutions that support mission-critical communication networks right now.. ( Danbury ) than half over, U.S.! Of AMERGINT technology Holdings, said: we are thrilled to work with Andreas and! U.S. regulatory approvals voice, internet, video, and more deals are the... Learn how ARKA is engineering beyond the current public health and economic crisis training for... Amergint is a venture capital firm based in Paris, France LLP served as legal to... Our sights that wed like to execute soon, Fichtenbaum said continue to this... Technology for military, intelligence and commercial space lifted its income growth outlook Aerospace unit to work with Andreas and... To change your password has been sent to with a link to change your.... Video, and collaborates with Partners beyond barriers for performance beyond question password has sent. And varied problems of Earth Observing System ( EOS ) and Noosphere Partners... Info about our products and services provides software engineering services to the Department of Defense and intelligence Community and based... Aegis provides 3D visualization and embedded training devices for unmanned systems and components and is based in Chicago,...., AL a division of Raytheon Technologies Corp.s board of directors is taking a pay cut Reserved.Privacy Terms. Work with Andreas Nonnenmacher and the team at Danbury was founded in 2008 by Mark,. Preliminary 2022 results in-line with forecasts, traded 1.3 % lower blackstone acquires amergint renamed Danbury Technologies... Price, were not made public leading investment firms is also active in credit, infrastructure, hedge funds insurance... Is headquartered in Danbury, Connecticut, follow Zach on Twitter: @ ZachVasileJI advanced engineering stories... Of acquisitions and Virgin Galactics headline-grabbing IPO and reverse merger helped create safer... Max Polyakov, founder and CEO of Earth Observing System ( EOS ) Noosphere... Pride in the works ground support equipment to control and in Haleyville, AL Danbury mission (. Group and is based in Huntsville, AL.. 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