ALATEC Inc. announced that it has acquired Universal Solutions Initiative Inc. (USi), a provider of software and systems engineering, business platforms and other IT services to clients in the education, government, and commercial markets. Both companies are Service Disabled Veteran Owned Small Businesses. ALATEC has also changed its name to Ignite. Deal terms were not disclosed.
ARGUS International Inc. announced that it has acquired Orlando, Florida- based Unmanned Safety Institute (USI), a provider of safety training, certification and management of UAV’s. USI’s certifications are recognized by various aviation insurance providers. Deal terms were not disclosed.
Altamira Technologies Corporation announced that it has acquired Prime Solutions LLC, a Columbia, Maryland-based firm that provides cyber operations support to the US Intelligence Community including NSA. Prime Solutions core competency is in Computer Network Operations (CNO) with services including system vulnerability analysis, reverse engineering, software development, network engineering and defense, and vulnerability analysis. Deal terms were not disclosed.
Teledyne Technologies Inc. has agreed to sell assets of its printed circuit technology business (Teledyne PCT) to Firan Technology Group Corporation for $9.3 million. The deal is expected to close in the second quarter of 2016.
Based in Hudson, New Hampshire, Teledyne PCT designs and manufactures rigid-flex printed circuit boards and assemblies for the defense, aerospace, and oil & gas industries. The business has averaged between $15 million to $20 million in annual revenue for the past three years.
UES International Pty Ltd. announced that it has acquired Panther Engineering Inc., a Fullerton, California-based manufacturer specializing in the design in design, engineering, and production of CNC parts, tooling dies and molds for the US military, defense and aerospace industries. The company’s clients include SpaceX, Boeing, Titan International, and the US Navy. Deal terms were not disclosed.
Aptima Inc. announced that it has merged with Lumir Research Institute to create a leading human performance and training company with clients throughout the DoD, including the US Air Force and Navy. Post-closing, the combined company will take on the Aptima brand. Aptima provides tools that measure a warfighter’s performance in live-virtual-constructive (LVC) training environments, training systems, and other modeling and simulation technologies. Lumir specializes in human performance measurement, training system evaluation, and debriefing tools. Deal terms were not disclosed.
CEB announced that it has acquired WANTED Analytics, a provider of real-time market intelligence and talent analytics for HR, staffing and sourcing professionals, government and education agencies. Deal terms were not disclosed.
PE-backed Jensen Hughes Inc. announced that it has acquired Stevenson & Associates (S&A), a provider of seismic, risk, hazard, structural, civil, and mechanical engineering services to clients in the nuclear power, government, high technology, and design and consulting industries.
According to the press release:
“The combination of JENSEN HUGHES and S&A brings together two leading firms in the nuclear power consulting industry and increases the technical expertise and resources available to provide risk assessment and other engineering consulting services to protect clients against unusual events, including earthquake, wind, blast, flood, thermal and vibration hazards.”
Deal terms were not disclosed.
IMSAR LLC announced that it has sold its detect and avoid radar technology to Fortem Technologies. The technology enables small UASs to avoid midair collisions with other manned and unmanned vehicles. With the increase in drone traffic and recent incidents involving passenger planes, this seems like a timely acquisition of key technology. Deal terms were not disclosed.
In the second healthcare-related deal of the day, Bivarus Inc. announced that it has acquired The Jackson Group Inc., a healthcare-focused measurement and consulting firm that supports healthcare organizations, commercial businesses and government agencies. The Jackson Group is one of 37 vendors approved by the Centers for Medicare & Medicaid Services to participate in the CAHPS program, which is a mandatory survey program for healthcare organizations. Deal terms were not disclosed.
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