M&A Deal Summary

ADB Safegate Acquires Ultra Electronics Airport Systems

On November 2, 2018, ADB Safegate acquired information technology company Ultra Electronics Airport Systems from Ultra Electronics

Acquisition Highlights
  • This is ADB Safegate’s 1st transaction in the Information Technology sector.
  • This is ADB Safegate’s 1st transaction in the United States.
  • This is ADB Safegate’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2018-11-02
Target Ultra Electronics Airport Systems
Sector Information Technology
Buyer(s) ADB Safegate
Sellers(s) Ultra Electronics
Deal Type Divestiture

Target

Ultra Electronics Airport Systems

Newtown, Connecticut, United States
Ultra Electronics Airport Systems is a provider of airport and airline software solutions. Ultra Electronics Airport Systems offers a comprehensive suite of airport management, baggage management, and passenger processing services.

Search 201,429 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ADB Safegate

Zaventem, Belgium
Category Company
Founded 1947
Sector Aerospace
Employees900
DESCRIPTION

ADB Safegate is a provider of intelligent solutions that deliver superior airport performance from approach to departure. ADB Safegate partners with airports and airlines to analyze their current structures and operations, and jointly identify and solve bottlenecks. ADB Safegate portfolio includes solutions and services that harmonize airport performance, tackling every aspect of traffic handling and guidance, from approach, runway and taxiway lighting, to tower-based traffic control systems and intelligent gate and docking automation. ADB Safegate was founded in 1947 and is based in Zaventem, Belgium.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-26 Safegate International AB

Malmö, Sweden

Safegate International AB is a provider of aircraft docking guidance systems, gate management systems, airfield lighting solutions and air traffic control systems to more than 1,300 airports in 130 countries.

Buy -

Seller(S) 1

SELLER

Ultra Electronics

London, United Kingdom
Category Company
Founded 1993
Sector Electronics
Employees4,253
Revenue 860M GBP (2020)
DESCRIPTION

Ultra Electronics is a provider of specialist capabilities, generating highly-differentiated solutions and products in the defense & aerospace, security & cyber, transport and energy markets, by applying electronic and software technologies in demanding and critical environments to meet customer needs. Ultra Electronics Holdings was founded in 1993 and is based in London, the United Kingdom.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 1 of 1
Type (Divestiture) 2 of 3
State (Connecticut) 1 of 1
Country (United States) 1 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-27 Magicard

Dorset, United Kingdom

Magicard is specializes in identification card printers with high-resolution, full-color image capabilities, built-in card security features and the ability to encode smart cards. Magicard was founded in 1992 and is based in Dorset, United Kingdom.

Sell £25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 Adaptive Energy

Ann Arbor, Michigan, United States

Adaptive Energy is a designer and manufacturer of solid oxide fuel cells for backup and portable power applications. Located in Adaptive Energy originating from technology commercialized out of the University of Michigan. Adaptive Energy was founded in 1999 and is based in Ann Arbor, Michigan.

Sell -
Mergr

Product

Company

Legal