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As of 12/31/2016
21
Year in Review
2016
KKR & Co. agreed to acquire the
German
defense
electronics
business of Airbus Group for $1.2
billion. The defense electronics
business being sold to KKR consists
of a non-core assets such as: defense
sensors, electronic warfare and
radar units, an optronics arm that
makes periscopes for submarines
and telescopes, and other ancillary
capabilities. The transaction is
expected to close Q1 2017.
Announced
March 18, 2016
KEYW Corp., has sold its systems
engineering and technical assistance
(SETA)
business
to
Quantech
Services, Inc. for $12.0 million in
cash. This action de-conflicts KEYW
at two key government agencies.
KEYW acquired this SETA business
from GD Advanced Information
Systems (AIS) in 2009 for $7.5
million.
Closed
March 16, 2016
Platinum Equity Holdings acquired
PAE from Lindsay Goldberg & Co.
PAE supports the execution of
complex and critical missions by
providing global logistics and
stability
operations,
technical
services and national security
solutions to customers around the
world. Financial terms were not
disclosed.
Closed
March 15, 2016
Notable M&A Transactions
Will acquire
Divested to
Acquired
Source: Public Filings, Industry Newswires
SETA business
Defense Electronics Business