Boundary Equipment designs, manufactures, repairs, and supplies wear parts for mining, forestry, cement, agriculture, construction, marine, and power utility industries and is based in Edmonton, Canada. Were an enterprise driven by innovation, mission performance, and advanced engineering. 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). 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. Satellite factory test and launch site operations require low-latency monitor and control of hundreds or thousands of discrete signals and data . We want to hear from you. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. "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. Safariland designs, engineers, manufactures, and markets safety and survivability products for law enforcement personnel, governmental agencies, and multi-national corporations and is based in Jacksonville, FL. Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies space-based precision optics business, part of its Collins Aerospace unit. Andreas Nonnenmacher, president of Danbury Mission Technologies will concurrently assume responsibilities as president of ATH. 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. An email has been sent to with a link to confirm list signup. Made In Space engages in designing and manufacturing space exploration, national security, and sustainable space settlement equipment and is based in Jacksonville, FL. Terms of the deal were not disclosed. Signal, Network, and Data Processing. The terms of the transaction were not disclosed. Don't Threaten. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Environment: transactional in United States 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. Think big, dream bigger, define the new beyond. Gardner is a private equity firm based in New York, NY. The terms of the transaction were not disclosed. Its unclear whether the recent wave of acquisitions will lead to significant consolidation. Blackstone : and Sixth Street Complete Sale of Kensington Mortgages to Barclays Bank UK PL.. Sector Update: Financial Stocks Gain Pre-Bell Monday, Cyber firm Wiz raises $300 mln, won't move funds to Israel amid judicial reform risk, Blackstone Secured Lending Fund's Q4 Net Income, Total Investment Income Rise. Amergint declined to comment on its plans. Blackstone's real estate business was founded in 1991 and has $187 billion of investor capital under management. You have permission to edit this article. You have to identify the synergies in the technical architecture.. 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). We are less concerned about returns 12-24 months out and are more focused on value creation 5+ years in the future.. 6/1/2020 Radiation Test Solutions, Inc. agreed to acquire Cobham RAD Inc. 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. Akerman LLP served as legal advisor to AEI. 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. Light rain early. GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers. In December,. All Apps can be delivered for cloud-processing environments or hosted on dedicated servers. The terms of the transaction were not disclosed. Our customers rely on the configurability of our products. Tethers . 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. IPOs have become very expensive and difficult to do.. Its just a different type of deal flow, said Van Espahbodi, Starburst Aerospace co-founder and managing partner. Get an email notification whenever someone contributes to the discussion. AMERGINT Technologies, Inc. is a provider of software-defined technology for military, intelligence, and commercial space. Amerigint also acquired Tethers Unlimited, a company known for software-defined radios, in-space manufacturing and propulsion technology. accounts, the history behind an article. Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies' space-based precision optics business, part of its Collins Aerospace unit. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. The U.S. Department of Justice is requesting access to 11 years worth of records as part of a criminal investigation of Raytheon Technologies Corp. Keep it Clean. Space programs across hundreds of ground locations rely on AMERGINT products and those customers value our expertise and support. 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. Read about how we use cookies and how you can control them on our Privacy Policy. RED 6 develops outdoor augmented reality solutions for air combat training and is based in Santa Monica, CA. Stratagem. These groups all see space as a long-term market, or they see that the rest of the world sees that, said Ian Fichtenbaum, CEO of Bradford Space, part of the American Industrial Acquisition Corp. Theres more interest in jumping in. (Reuters) - Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset. 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. Terms of the sale, including price, were not made public. Your e-mail address will be used to confirm your account. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. The company has a staff of 150 employees at our primary location in Colorado Springs with offices in Broomfield, Colorado, and Denver, Colorado. Announced Date Dec 13, 2019 Notifications from this discussion will be disabled. racist or sexually-oriented language. 6/26/2020 B3Bar Holdings LLC acquired DataWing Global. They need a partner that can take their capability to the next level. If you go around buying small companies, you have to nurture them and make them play together, Fichtenbaum said. The group also said that the integration of Refinitiv had boosted its ability to generate cash. Schwimmer declined to comment on whether he expected Arm to have a London listing. ", "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.". Please Paste Your Resume Text Here (we do not open attachments). Check out our new company website & learn more about the ARKA mission. AMERGINT CEO Larry Hill saidDanbury Mission Technologies has been providing optical systems in support of U.S. national security space programs. 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. Zach cover all topics that fall under business. Use the 'Report' link on 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. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. We believe in building a better world. Description. 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. We won't share it with anyone else. Combining our expertise, we are empowered to build a generational asset that focuses on delivering high-performance national security space technologies for the present and future, Hill added. Debra earned a bachelors degree in communications from the University of California, Berkeley, and a masters degree in Journalism from Northwestern University. Holland & Hart LLP served as legal advisor to DSS. All rights reserved. Mill Hill Capital is a private investment firm based in Naples, FL. LSEG's total income, including recoveries, of 7.743 billion pounds ($9.28 billion) in preliminary results for 2022, was just above analysts' consensus of 7.733 billion pounds, and up from 6.535 billion in 2021. 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. Raytheon completes sale of Danbury business. In space, exits probably happen in 10 years, 20 years or maybe never. 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. All rights reserved. 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. Hiring and building intellectual capital is at the core of our company. Voyager, for example, anticipates making roughly four deals per year, said Taylor, CEO and chairman of the holding company he established to make long-term investments in space companies. Morgan Stanley Adjusts Price Target on Blackstone to $115 From $110, Maintains Overweig.. In its latest move, the firm's private real estate investment trust is acquiring WPT Industrial. Threats of harming another 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. 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. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Media Contacts 6/29/2020 Architect Equity LLC agreed to acquire the Aerospace Composite Manufacturing Business of AAR Manufacturing, Inc. 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. Armorstruxx provides ballistic and blast protection solutions and is based in Lodi, CA. The terms of the transaction were not disclosed. Bradford Space has a couple of things in our sights that wed like to execute soon, Fichtenbaum said. 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. The terms of the transaction were not disclosed. or anything. The terms of the transaction were not disclosed. Join our teams and take your career to the highest level. Our view is that space over the next decade will be a significant growth market, said Kirk Konert, partner at AE Industrial Partners. . Tethers develops and produces products based upon space tether technologies and provides in-space services and is based in Bothell, WA. Schwimmer said the consortium owned just over 30% of LSEG shares when the Refinitiv deal was completed. The Firm's most common investment types include buyout (lbo, mbo, mbi) (24%) and secondary buyout (23%). Don't knowingly lie about anyone AMERGINT also recently acquired Tethers Unlimited, Inc. (TUI), in May. Global Results Communications (GRC) 6/23/2020 Gardner Standard LLC acquired Shadin L.P., dba Shadin Avionics LP. AMERGINT Closes Purchase of Space-Based Optics Business of Raytheon Technologies. The terms of the transaction were not disclosed. Today Blackstone bought media and data company IDG for $1.3. "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. Better starts here. Every Sunday, receive the most in-depth, interesting, and important stories of the week, picked by editors and readers. About of 10% of LSEG equity is available for sale by the consortium. Amergint specializes in software-defined communications technology for military, intelligence and commercial customers and it's on the rise. Get this delivered to your inbox, and more info about our products and services. About usGovernment Contracting FAQGuest Contributions2022 Events, Your Direct Source for Government Contracting News. It was Voyagers second acquisition since it was founded in October 2019 by prominent space angel investor Dylan Taylor. 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. Rather than seeing hard venture cash going into big idea companies, were now seeing a different type of financial transaction that helps early-stage investors and gives these companies that have been around for some time the leg up to continue to grow., In some cases, private equity firms may combine subsystem suppliers to form an integrated solution that becomes a more compelling business, Espahbodi said. The Blackstone Group is an alternative asset management firm based in New York, NY. Danbury . Architect Equity is a private equity firm based in El Segundo, CA. Thales Corporate Ventures is the venture capital investment arm of Thales Group and is based in Paris, France. The terms of the transaction were not disclosed. 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. Winston & Strawn LLP served as legal advisor to AAR. 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