M&A Deal Summary

Narda-MITEQ Acquires iRF Solutions

On December 28, 2021, Narda-MITEQ acquired defense company iRF Solutions

Acquisition Highlights
  • This is Narda-MITEQ’s 1st transaction in the Defense sector.
  • This is Narda-MITEQ’s 1st transaction in the United States.
  • This is Narda-MITEQ’s 1st transaction in Maryland.

M&A Deal Summary

Date 2021-12-28
Target iRF Solutions
Sector Defense
Buyer(s) Narda-MITEQ
Deal Type Add-on Acquisition
Advisor(s) Philpott Ball & Werner LLC (Financial)
Barnes & Thornburg (Legal)

Target

iRF Solutions

Sparks, Maryland, United States
website
iRF Solutions specializes in wideband, high-frequency products for signals intelligence, electronic intelligence, and electronic warfare functions. iRF Solutions was founded in 1962 and is based in Sparks, Maryland.

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Buyer(S) 1

Buyer

Narda-MITEQ

Hauppauge, New York, United States

website


Category Company
Sector Electrical Equipment
Employees400
DESCRIPTION

Narda-MITEQ designs, engineers, and manufactures custom radiofrequency (“RF”) and microwave subsystems and components for defense and commercial end markets. Narda-MITEQ is based in Hauppauge, New York.


DEAL STATS #
Overall 1 of 1
Sector (Defense) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1