Exits are now on the rise thanks to the spate of acquisitions and Virgin Galactics headline-grabbing IPO and reverse merger. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Clipboard (Opens in new window), NASA Mars orbiter reveals Chinas Zhurong rover has not moved for months, SpaceX proceeding with Starship orbital launch attempt after static fire, Secretive military space agency stepping out of the shadows, China unveils lunar lander to put astronauts on the moon, The coming Chinese megaconstellation revolution, Crew-6 launch slips as Progress leak investigation continues. Polyakov has a multi-decade plan for EOS that brings together launch vehicles, satellites, sensors, ground segments and data analytics. 5/18/2020 Cognosante, LLC acquired Enterprise Information Services, Inc. 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. Be Proactive. Wing Aviation offers aviation services worldwide and is based in Houston, TX. Acquiring Organization: Arcline Investment Management Arcline Investment Management provides investment advisory services. Today Blackstone bought media and data company IDG for $1.3. They need a partner that can take their capability to the next level. Aerospace primes also are starting to realize that they need to innovate through acquisition, said Meagan Crawford, managing partner for SpaceFund, a venture capital and private equity firm established in 2019 to back space startups. 6/10/2020 Novetta Solutions, LLC acquired WaveStrike, LLC. Lowden Street Capital is a private equity and venture capital firm based in Alexander City, AL. However, the COVID-19 pandemic and recession are doing little to dampen enthusiasm among leaders of the companies shopping in the space sector. Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies' space-based precision optics business, part of its Collins Aerospace unit. The company delivers next-generation solutions to manage the capture, processing, transport, and exploitation of vital mission data for communication and data links. Winds NNW at 5 to 10 mph. "It's an important part of our business, a very competitive market for data on a global basis, so not a concern there," Schwimmer said. In space, exits probably happen in 10 years, 20 years or maybe never. Novetta provides analytics software and solutions that detect threat and fraud, and protect high value networks for government and commercial enterprises worldwide and is based in McLean, VA. 6/23/2020 Redwire, LLC acquired Made In Space, Inc. The directed buyback is expected to be up to 750 million pounds by April 2024, LSEG said. Copyright 2023 Surperformance. 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. and Raytheon Co. five months ago. LSEG acquired the data analytics group in January 2021. This field is for validation purposes and should be left unchanged. The space industry is booming and at AMERGINT Technologies, we are the link. Amerigint. Larry Hill, CEO of AMERGINT Technology Holdings, said: We are thrilled to work with Andreas Nonnenmacher and the team at Danbury. All Apps can be delivered for cloud-processing environments or hosted on dedicated servers. Thats a positive trend. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds. Use the 'Report' link on RF Communications. 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. Terms of the transaction were not disclosed. Built on a diversity of people, ideas and thoughts, we develop the technologies and projects that have a meaningful impact for a more certain, sustainable world of opportunity for everyone. The terms of the transaction were not disclosed. Tethers . The Blackstone Group keeps feeding its seemingly insatiable appetite for industrial real estate. 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. Credit Suisse Trims Blackstone's Price Target to $69 From $69.50, Keeps Underperform Ra.. Goldman Sachs Adjusts Price Target on Blackstone to $100 From $86, Maintains Buy Rating. Cryoport 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. LONDON, March 2 (Reuters) - London Stock Exchange Group announced plans to buy back more of its shares on Thursday as it raised its income growth outlook and hailed the successful integration of Refinitiv, which it said had supercharged its ability to generate cash. Radiation Test Solutions is engaged in designing, analysis, and testing of semiconductor devices and materials for satellite, aircraft, and ground applications and is based in Colorado Springs, CO. 6/1/2020 Wing Aviation Charter Services LLC acquired the Private Aircraft Management & Charter Services from Western Airways, Inc. Akerman LLP served as legal advisor to AEI. DataWing provides aerial data and aviation operational management services and is based in San Antonio, TX. Terabytes of satellite data reliably delivered to data centers around the world. Tethers develops and produces products based upon space tether technologies and provides in-space services and is based in Bothell, WA. 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. 5/18/2020 The Blackstone Group Inc. (NYSE:BX) and Boundary Equipment Co. Ltd. acquired AMERGINT Technologies, Inc. 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. For years space industry entrepreneurs and investors bemoaned the lack of exits, like initial public offerings and acquisitions that offered investors an opportunity to sell their stake in a company. A view of the London Stock Exchange Group sign in the City of London. 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. 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 . Aftermarket work at Pratt, Collins Aerospace takes a hit. Last month, the company acquired Raytheon's. Low 28F. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. Menu Home; Rankings. 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. AMERGINT is headquartered in Colorado Springs, Colorado. She 2023 ARKA Group, LP | All Rights Reserved. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. 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.. April 21, 2022 in Private Equity BY Fraser Tennant In a transaction valued at $12.8bn, global investment business Blackstone Inc. is to acquire American Campus Communities (ACC), the largest developer, owner and manager of high-quality student housing communities in the US. Kirkland & Ellis LLP served as legal advisor to Redwire. 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. "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. Winston & Strawn LLP served as legal advisor to AAR. Debra earned a bachelors degree in communications from the University of California, Berkeley, and a masters degree in Journalism from Northwestern University. The private equity firm said it would acquire Preferred Apartment Communities, a real estate investment trust, for $6 billion . Amergint Technologies Holdings, Inc. announced on April 20 that it has reached a definitive agreement to acquire Raytheon Technologies Corporation's space-based precision optics business, headquartered in Danbury, CT. That does not mean you are not going to make money in space.. We want to find great businesses and teams to back in that sector.. The terms of the transaction were not disclosed. UTC rebrands as Raytheon Technologies Corp. UTC board approves separations of Carrier, Otis, UTC, Raytheon offer concessions to ease EU concerns: report, Raytheon to cut 15,000 jobs as air travel falters, Pratt, Collins Aerospace, other units to see cuts over the next few weeks as Raytheon cuts jobs, Analyst: Pratt HQ may stay, but Raytheon could move manufacturing, Raytheon sees deep drop in profits, plans more cost-cutting, CT still borrowing to pay off debt, but some are pushing back, Summing up No. 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. AMERGINT Technologies on Monday said it has agreed to acquire the space-based optics business of Raytheon Technologies [RTX], adding a new line of capabilities for the company.. Beyond Begins Here. The terms of the transaction were not disclosed. GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group completed the acquisition of AMERGINT Technologies, Inc. on May 18, 2020. Built on a diversity of people, ideas and thoughts, we develop the technologies and projects that have a meaningful impact for a more certain, sustainable world of opportunity for everyone. We believe in building a better world. 6/29/2020 Architect Equity LLC agreed to acquire the Aerospace Composite Manufacturing Business of AAR Manufacturing, Inc. AMERGINT is a leading provider of software-defined technology for military, intelligence and commercial space. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers next generation solutions to manage the capture, processing, transport and exploitation of vital mission data for communication and data links. 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