M&A Deal Summary

Arlington Capital Partners Acquires Endeavor Robotic

On February 4, 2016, private equity firm Arlington Capital Partners acquired technology hardware company Endeavor Robotic from iRobot for 45M USD

Acquisition Highlights
  • This is Arlington Capital Partners’ 1st transaction in the Technology Hardware sector.
  • This is Arlington Capital Partners’ 2nd largest (disclosed) transaction.
  • This is Arlington Capital Partners’ 31st transaction in the United States.
  • This is Arlington Capital Partners’ 1st transaction in Massachusetts.
Investment Fate
  • Endeavor Robotic was sold to a publicly-traded strategic buyer in 2019 for 385M USD.

M&A Deal Summary

Date 2016-02-04
Target Endeavor Robotic
Sector Technology Hardware
Buyer(s) Arlington Capital Partners
Sellers(s) iRobot
Deal Type Divestiture
Deal Value 45M USD

Target

Endeavor Robotic

Chelmsford, Massachusetts, United States
website
Endeavor Robotic, Inc. is a provider of ground-based robots to the U.S. Department of Defense. Endeavor Robotic partner with U.S. and international defense forces, law enforcement, energy and industrial users to design and build innovative robotic solutions that support a wide range of missions. Endeavor Robotic, Inc. was founded in 2016 and is based in Chelmsford, Massachusetts.

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Buyer(S) 1

Buyer

Arlington Capital Partners

Chevy Chase, Maryland, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 7.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Arlington Capital Partners is a middle-market private equity firm focused on buyouts and recapitalizations in targeted growth industries. Arlington targets US based companies valued between $50 and $500 million with strong potential for organic growth and possible consolidation opportunities. Sectors of interest include business services and outsourcing, aerospace/defense, federal and commercial IT, media, education and training, healthcare services, and manufacturing. Arlington Capital was formed in 1999 and is headquartered in Washington DC.


DEAL STATS #
Overall 32 of 64
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 3 of 8
State (Massachusetts) 1 of 2
Country (United States) 31 of 60
Year (2016) 1 of 4
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-16 MB Aerospace

Motherwell, United Kingdom

MB Aerospace is a provider of precision aero-engine component manufacturing and repair services serving major aerospace and defense engine OEMs, Tier 1 suppliers, and MRO providers. MB Aerospace was founded in and is based in Motherwell, Scotland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-24 EOIR Technologies

Fredericksburg, Virginia, United States

EOIR Technologies, Inc. is a provider of advanced remote sensing technology products and services to federal government agencies. EOIR Technologies was formed in 1981 and is based in Fredericksburg, Virginia.

Buy -

Seller(S) 1

SELLER

iRobot

Bedford, Massachusetts, United States

website


Category Company
Founded 1990
Sector Technology Hardware
Employees1,126
Revenue 1.2B USD (2022)
DESCRIPTION

iRobot is a designer and builder of robots for consumers and businesses. iRobot's home robots help people find smarter ways to clean, its defense & security robots protect those in harm's way, and its remote presence robots enable virtual presence from anywhere in the world. iRobot was founded in 1990 and is based in Bedford, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-17 Evolution Robotics

Pasadena, California, United States

Evolution Robotics designs and builds computer vision, localization and autonomous navigation robots.

Buy $74M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-21 Sales on Demand - Distribution Business

Tokyo, Japan

Sales on Demand Corp. - Distribution Business is a provider of iRobot related distribution services in japan.

Buy -