M&A Deal Summary

Astronics Acquires Telefonix

On October 27, 2017, Astronics acquired technology hardware company Telefonix for 104M USD

Acquisition Highlights
  • This is Astronics’ 1st transaction in the Technology Hardware sector.
  • This is Astronics’ largest (disclosed) transaction.
  • This is Astronics’ 6th transaction in the United States.
  • This is Astronics’ 2nd transaction in Illinois.

M&A Deal Summary
Date 2017-10-27
Target Telefonix
Sector Technology Hardware
Buyer(s) Astronics
Deal Type Add-on Acquisition
Deal Value 104M USD

Target

Telefonix

Waukegan, Illinois, United States
website
Telefonix, Inc. is a designer and manufacturer of an advanced in-flight entertainment and connectivity equipment, as well as providing industry leading design consultancy services for the global aerospace industry. The company’s products include wireless access points, file servers, content loaders, passenger control units and cord reels, as well as engineering services for its customers.

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Buyer(S) 1

Buyer

Astronics

East Aurora, New York, United States

website

Category Company
Founded 1968
Sector Aerospace
Employees2,400
Revenue 535M USD (2022)
DESCRIPTION

Astronics designs and manufactures products for the aerospace and defense industries. Astronics was founded in 1968 and is based in East Aurora, New York.

DEAL STATS #
Overall 7 of 9
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 7 of 9
State (Illinois) 2 of 2
Country (United States) 6 of 7
Year (2017) 2 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Custom Controls Concepts

Kent, Washington, United States

Custom Controls Concepts is a provider of cabin management and in-flight entertainment (IFE) systems for the complete range of privately operated Boeing and Airbus aircraft, along with other select fixed and rotary wing aircraft models. Custom Controls Concepts was established in 1988 and is headquartered in Kent, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Freedom Communication Technologies

Kilgore, Texas, United States

Freedom Communication Technologies, Inc. is a engineering, developing and manufacturing communication test equipment company involved in Land Mobile Radio test equipment market.

Buy $22M
Mergr

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