Global Business and Financial News, Stock Quotes, and Market Data and Analysis. For most exits which are driven by strategic acquisitions or traditional private equity, the near-term returns are important, Taylor said by email. Colorado Springs-based aerospace company Amergint Technologies has completed its acquisition of Raytheon Technologies' space-based precision optics businesses based in Danbury, Conn. 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. 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 January 2021. 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. ", "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.". 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. Danbury . 5/1/2020 Perspecta Inc. (NYSE:PRSP) acquired certain assets of DHPC Technologies Inc. for $53.0 million. Choose wisely! Success! Exits tend to occur when the economy is strong. All Rights Reserved. We are passionate about solving mission-critical challenges and empowering our employees to thrive. Our view is that space over the next decade will be a significant growth market, said Kirk Konert, partner at AE Industrial Partners. person will not be tolerated. Xwing develops flight technology solutions for unmanned aircrafts and is based in San Francisco, CA. The facility has changed hands several times over the years, with past owners including Perkins-Elmer, Hughes, and Goodrich Corp. UTC acquired the site in 2012, when it bought out Goodrich for $16.5 billion. Mill Hill Capital is a private investment firm based in Naples, FL. 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. Your purchase was successful, and you are now logged in. 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 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. Whats more, the IPO market has been very depressed in the last couple of years, Crawford said. Satellite factory test and launch site operations require low-latency monitor and control of hundreds or thousands of discrete signals and data . Britain is seeking to persuade Softbank-owned UK chip technology company Arm to have a listing in London. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former. DSS supports the design, development, integration, testing, and operations of advanced space systems, components, and exploration spacecraft and is based in Littleton, CO. Adcole designs, develops, and manufactures spacecraft architecture and components and is based in Fulton, MD. , AMERGINT said the companys senior management will stay on. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. All Apps can be delivered for cloud-processing environments or hosted on dedicated servers. Amergint. Acquired Organization: Fairbanks Morse Defense Fairbanks Morse Defense worldwide leader in engine technology & manufacturing, provides diesel engines and generator sets for marine power. racist or sexually-oriented language. each comment to let us know of abusive posts. The deal will pave the way . 2023 AMERGINT Technologies, Inc. All Rights Reserved.Privacy | Terms & Conditions for Suppliers |Quality Clauses for SuppliersEIN# 26-3783816. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. We work together on small project teams and in close cooperation with our customers to apply our products to their requirements. Data Acquisition, Processing, Analytics, and Display. 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. On Friday, the company sold its stake in SeaWorld to Zhonghong Group, a Chinese investment firm, for about $449 million. Tethers . Be Nice. 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. Cobham RAD provides military standard radiation effects test services and is based in Colorado Springs, CO. We are less concerned about returns 12-24 months out and are more focused on value creation 5+ years in the future.. 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 . Your e-mail address will be used to confirm your account. She Built on a common framework, AMERGINTs product families are software applications tailored to a customers specific performance and operating requirements. LSEG said 300 million pounds of a separate, broader 750 million pound share buyback was carried out in 2022, with the remainder to be completed by July 2023. AEI is a private equity firm based in Boca Raton, FL. 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. These are not restaurants or hotels or airlines, Fichtenbaum said, citing some of the industries hit hardest by stay-at-home orders and social distancing rules aimed at limiting the spread of the coronavirus. 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. Signal, Network, and Data Processing. Notifications from this discussion will be disabled. However, the COVID-19 pandemic and recession are doing little to dampen enthusiasm among leaders of the companies shopping in the space sector. We are the biggest opportunistic investment platform in the world. Shadin designs and manufactures aircraft performance measurement and control instrumentation solutions for military aerospace, commercial, business, and general aviation markets and is based in St. Louis Park, MN. The transaction values the Chicago-based. accounts, the history behind an article. FlightWire manufactures test equipment, test fixtures, and adapter boards for the aerospace and defense industry and is based in Colorado Springs, CO. New Wave designs, builds, tests, and delivers customized and off-the-shelf electronic systems for networking applications in aerospace, finance, telecommunications, and big data markets and is based in Minneapolis, MN. The terms of the transaction were not disclosed. RF Communications. Terms of the pending deal were not disclosed. Payload, telemetry, and command data securely processed in control centers. Amerigint. UTC and Raytheon Co. finalized their linkup in April. The terms of the transaction were not disclosed. Join our teams and take your career to the highest level. We'd love to hear eyewitness Blackstone (NYSE:BX) today announced the final close of its latest global secondaries strategy, Strategic Partners IX, and inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions (together with their related committed program vehicles, "SP IX" and "SP GPS" respectively). The terms of the transaction were not disclosed. AMERGINT is headquartered in Colorado Springs, Colorado. 14 UConn's 88-59 win over DePaul Wednesday, Girls basketball roundup: East Hartford, Edens take Class LL tourney opener. In other cases, small space firms could be merged into vertically integrated businesses meant to stand on their own. or anything. The terms of the transaction were not disclosed. Amergint specializes in software-defined communications technology for military, intelligence and commercial customers and it's on the rise. 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. 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. An email has been sent to with a link to confirm list signup. 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. London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR s.. Blackstone blocked investor withdrawals from $71 billion REIT in February. Today Blackstone bought media and data company IDG for $1.3. Space programs across hundreds of ground locations rely on AMERGINT products and those customers value our expertise and support. Architect Equity is a private equity firm based in El Segundo, CA. The directed buyback is expected to be up to 750 million pounds by April 2024, LSEG said. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. Blackstone's real estate business was founded in 1991 and has $187 billion of investor capital under management. 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 . Andreas Nonnenmacher, formerly a vice president at Raytheon Technologies, will serve as president of Danbury Mission Technologies and AMERGINT. 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