Andreas Nonnenmacher, president of Danbury Mission Technologies will concurrently assume responsibilities as president of ATH. The Blackstone Group keeps feeding its seemingly insatiable appetite for industrial real estate. each comment to let us know of abusive posts. If you forget it, you'll be able to recover it using your email address. Choose wisely! Holland & Hart LLP served as legal advisor to DSS. 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. 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. 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.. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group acquired AMERGINT Technologies, Inc. on May 18, 2020. Discover the best publication that space professionals throughout the world turn to first. The terms of the transaction were not disclosed. We still think theres a lot of great capabilities and great companies that are out there that have proven that they could move past that first stage of growth, prove their technology and gain a little bit of flight heritage, said Peter Cannito, Redwire chairman and CEO. AEI is a private equity firm based in Boca Raton, FL. This field is for validation purposes and should be left unchanged. Data Acquisition/Control. Payload, telemetry, and command data securely processed in control centers. We are passionate about solving mission-critical challenges and empowering our employees to thrive. The terms of the transaction were not disclosed. The terms of the transaction were not disclosed. The U.S. market alone racked up 11 exits in 2019 compared with eight in 2018. Its just a different type of deal flow, said Van Espahbodi, Starburst Aerospace co-founder and managing partner. 4/17/2020 Boom Technology, Inc. announced that it will receive $22.8 million in funding. Get this delivered to your inbox, and more info about our products and services. Winds NNW at 5 to 10 mph. For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. Debra Werner is a correspondent for SpaceNews based in San Francisco. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Your account has been registered, and you are now logged in. , AMERGINT said the companys senior management will stay on. Western Airways offers private jet charter services and is based in Sugar Land, TX. 4/30/2020 Lowden Street Capital acquired Southern Air Custom Interiors, Inc. Polyakov has a multi-decade plan for EOS that brings together launch vehicles, satellites, sensors, ground segments and data analytics. Blackstone Group's ( BX) Blackstone Real Estate Income Trust (BREIT) has reached an agreement for the acquisition of Home Partners of America (HPA). Our breadth of engineering expertise allows AMERGINT to solve hard problems, and we take pride in the many bright minds who work here. Blackstone's real estate business was founded in 1991 and has $187 billion of investor capital under management. Terms of the deal were not disclosed. 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 . Were an enterprise driven by innovation, mission performance, and advanced engineering. Its unclear whether the recent wave of acquisitions will lead to significant consolidation. Theres been a little effect in terms of future program delays, but we are executing on all the current programs.. 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. 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. Vuk Valcic | SOPA Images | LightRocket via Getty Images, Revenue impact of Microsoft deal will be seen by 2025, LSEG CEO signals. Your purchase was successful, and you are now logged in. Global Results Communications (GRC) Media Contacts Threats of harming another 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. The business is headquartered in Danbury, Connecticut, and will be renamed Danbury Mission Technologies (Danbury). AMERGINT brings together engineers, software developers, technicians, and professional staff who enjoy solving complex and varied problems. Covering the business and politics of space. Stratagem. AMERGINT is a leading provider of software-defined technology for military, intelligence and commercial space. Be Proactive. 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. Stock Transfer Agent.. 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. With 2020 a little more than half over, eight U.S. space companies have been acquired and more deals are in the works. The deal will pave the way . Follow AMERGINT on Twitter @AMERGINT. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds. -, 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 nDAQ hosts software configurable data acquisition modules and application software that enable test and ground support equipment to control and . More by Debra Werner. Our modems offer superior link performance for satellite telemetry, command, and payload data. Important URLs: 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). 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. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Exits tend to occur when the economy is strong. We're building some really interesting capabilities in terms of embedding our data and our analytics, in Microsoft Teams, making it interoperable with Excel, PowerPoint, other Microsoft products," he told CNBC's "Squawk Box Europe. We believe in building a better world. Amerigint also acquired Tethers Unlimited, a company known for software-defined radios, in-space manufacturing and propulsion technology. However, the COVID-19 pandemic and recession are doing little to dampen enthusiasm among leaders of the companies shopping in the space sector. 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. Larry Hill, CEO of AMERGINT Technology Holdings, said: We are thrilled to work with Andreas Nonnenmacher and the team at Danbury. Terms of the deal were not disclosed. The terms of the transaction were not disclosed. GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity. "We see the result as strong enough to keep sentiment for LSEG intact ahead of any potential share disposals over the coming months," RBC Europe said in a note to clients. Schwimmer said the consortium owned just over 30% of LSEG shares when the Refinitiv deal was completed. "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. There was an error processing your request. Delayed Nyse In December,. racist or sexually-oriented language. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. ENIAC is a venture capital firm based in San Francisco, CA. 5/6/2020 AMERGINT Technologies, Inc. acquired Tethers Unlimited, Inc. The terms of the transaction were not disclosed. "We continue to deliver on all of our key targets," LSEG chief financial officer Anna Manz told a media call. 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. Bradford Space has a couple of things in our sights that wed like to execute soon, Fichtenbaum said. 6/2/2020 Framatome acquired the U.S. commercial nuclear services business of BWX Technologies, Inc. (NYSE:BWXT). Wing Aviation offers aviation services worldwide and is based in Houston, TX. 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. Copyrights Executive Mosaic - All Rights Reserved. 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. 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). She We work together on small project teams and in close cooperation with our customers to apply our products to their requirements. The most important daily headlines from News, Sports, Business, Living, and Opinion. Aftermarket work at Pratt, Collins Aerospace takes a hit. Gardner is a private equity firm based in New York, NY. Error! Please Paste Your Resume Text Here (we do not open attachments). Made In Space engages in designing and manufacturing space exploration, national security, and sustainable space settlement equipment and is based in Jacksonville, FL. 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The business is headquartered in Danbury, Connecticut, and will be renamed. 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. Whats more, the IPO market has been very depressed in the last couple of years, Crawford said. Space investors say they are looking well beyond the current public health and economic crisis. 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. 2023 ARKA Group, LP | All Rights Reserved. Got a confidential news tip? 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". 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. Shares in LSEG, which released preliminary 2022 results in-line with forecasts, traded 1.3% lower. 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.. 5/18/2020 The Blackstone Group Inc. (NYSE:BX) and Boundary Equipment Co. Ltd. acquired AMERGINT Technologies, Inc. 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. Tethers . The private equity firm said it would acquire Preferred Apartment Communities, a real estate investment trust, for $6 billion . We won't share it with anyone else. It's been a busy week for private equity, with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. ARKA stands for more than creating better technology. 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. 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, processing, transport and exploitation of vital mission data. For most exits which are driven by strategic acquisitions or traditional private equity, the near-term returns are important, Taylor said by email. EMRC designs, manufactures, integrates, tests, and supports multiple fixed and rotary wing small Unmanned Aerial Platforms and is based in Huntsville, AL. 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. We want to find great businesses and teams to back in that sector.. ARKA stands for more than creating better technology. Gibson, Dunn & Crutcher LLP served as legal advisor to Made In Space. That business can then become a viable acquisition for a larger company.. Our companies have been operating throughout. 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. Your inbox, and more info about our products to their requirements Danbury ),.... 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