Add-on Acquisition • Technology Hardware

CPI Acquires CPI ASC Signal Division

On September 17, 2015, CPI acquired technology hardware company CPI ASC Signal Division from Resilience Capital Partners

Acquisition Context
  • This is CPI’s 1st transaction in the Technology Hardware sector.
  • This is CPI’s 2nd transaction in the United States.
  • This is CPI’s 1st transaction in Texas.
Investment Fate
  • CPI ASC Signal Division was divested to a consortium of strategic buyers in 2020.

Explore All 1760 Add-on Acquisition Technology Hardware Deals - Search the Database Free


M&A Deal Summary

Date September 17, 2015
Target CPI ASC Signal Division
Sector Technology Hardware
Buyer(s) CPI
Sellers(s) Resilience Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Philpott Ball & Werner (Financial)

Target Company

CPI ASC Signal Division

Plano, Texas, United States
CPI ASC Signal Division is a provider of earth station antennas that are an important part of government strategic and tactical communications, especially for defense and intelligence operations, and are also used widely in the commercial world. ASC products also include radar antennas for air traffic control and weather applications, as well as High-Frequency (HF) and specialty antennas.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

CPI

Plano, Texas, United States

Category Company
Founded 1995
Sector Electrical Equipment
Employees1,490
DESCRIPTION

CPI is a designer and manufacturer of electronic components, subsystems and antenna systems for the communications, government, medical and scientific markets. CPI provides technology solutions used in the generation, transmission and reception of signals used in both commercial (broadband internet, in?flight connectivity) and government (earth observation, satellite communications) applications. CPI was founded in 1995 and is based in Plano, Texas.


Deal Context for Buyer #
Overall 2 of 6
Sector: Technology Hardware 1 of 4
Type: Add-on Acquisition 2 of 4
State: Texas 1 of 3
Country: United States 2 of 6
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 Radant Technologies

Stow, Massachusetts, United States

Radant Technologies, Inc. is a designer and manufacturer of advanced composite radomes that enclose and protect microwave, communications, electronic warfare and radar antenna systems without interfering with the transmission of signals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-21 Orbital Systems

Irving, Texas, United States

Orbital Systems Ltd. engages in the design and manufacturing of ground station antenna systems used for Telemetry, Tracking and Control (TT&C), Earth Observation Satellite Direct Broadcast (EOS DB) reception, RADAR, Search & Rescue (SARSAT), and custom tracking applications. Orbital Systems offers antenna positioners and integrated RF subsystems in Ka-, X-, S-, and L- bands with single or multi-band feeds, upconverters, downconverters, HPAs, and control systems. Orbital Systems' product focus is on reliability, safety, and accuracy for LEO and MEO satellite tracking systems ranging in sizes from 1.5m to 6.1m. Orbital Systems sells directly to customers and through established certified resellers and systems integrators. Headquartered in Irving, Texas.

Buy -

Seller Profile 1

SELLER

Resilience Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 675M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Resilience Capital Partners is a private equity firm focused on investing in lower middle-market underperforming and turnaround situations. Resilience targets non-core divisions or subsidiaries, companies with severe operational issues, businesses suffering from insufficient management focus, and privately held companies with lack of access to capital. Sectors of interest include niche manufacturing, specialty chemicals, and industrial services. Prospective companies are generally located in North America with $25 to $250 million in revenue, and EBITDA typically under $20 million. Resilience Capital Partners was formed in 2001 and is located in Cleveland, Ohio.


Deal Context for Seller #
Overall 9 of 19
Sector: Technology Hardware 1 of 2
Type: Add-on Acquisition 2 of 5
State: Texas 1 of 1
Country: United States 9 of 19
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 Porter’s Group Holdings

Bessemer City, North Carolina, United States

Porter’s Group Holdings LLC is a provider of metal fabrication solutions serving the security, military, mining, heavy equipment, and trucking industries. Porter's Group was founded in 1964 and is based in Bessemer City, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 Constant Aviation

Cleveland, Ohio, United States

Constant Aviation is a maintenance, repair, and overhaul (“MRO”) operation serving customers primarily in the corporate and commercial aviation markets. Constant Aviation was founded in 2005 and is based in Cleveland, Ohio.

Buy -