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M&A Deal Summary

Aeronautics Acquires Magal Security Systems - Projects Division

On February 8, 2021, Aeronautics acquired aerospace company Magal Security Systems - Projects Division from Senstar for 35M USD

Acquisition Highlights
  • This is Aeronautics’ 1st transaction in the Aerospace sector.
  • This is Aeronautics’ largest (disclosed) transaction.
  • This is Aeronautics’ 1st transaction in Israel.

M&A Deal Summary
Date 2021-02-08
Target Magal Security Systems - Projects Division
Sector Aerospace
Buyer(s) Aeronautics
Sellers(s) Senstar
Deal Type Divestiture
Deal Value 35M USD

Target

Magal Security Systems - Projects Division

Yehud, Israel
Magal Security Systems' Projects Division is focused on providing technology-rich products, solutions, and related services to aerospace.

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Buyer(S) 1

Buyer

Aeronautics

Yavne, Israel
Category Company
Founded 1997
Sector Aerospace
Revenue 150M USD (2013)
DESCRIPTION

Aeronautics provides integrated turnkey solutions based on unmanned systems platforms, payloads, and communications for defense and civil applications. The company's systems offer operationally proven solutions for Intelligence, Surveillance, and Reconnaissance (ISR) systems requirements. Its technology capabilities meet the global growing demand for reliable UAVs and other advanced security systems. Aeronautics was formed in 1997 and is based in Yavne, Israel.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Senstar

Ottawa, Ontario, Canada
Category Company
Founded 1965
Sector Information Technology
Employees126
Revenue 36M USD (2024)
DESCRIPTION

Senstar is an international provider of solutions and products for physical and cybersecurity, as well as safety and site management. Senstar was founded in 1965 and is based in Ottawa, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-13 ECS BAZ

Lod, Israel

ECS BAZ Ltd. is a provider in the development and manufacturing of military-grade smart Security Video Observation and Surveillance systems. ECS BAZ Ltd. is based in Lod, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-09 Blickfeld

Munich, Germany

Blickfeld develops LiDAR sensors with integrated software. Blickfeld's solutions provide real-time 3D data for a wide range of innovative use cases from volume monitoring and security system enhancement to privacy-compliant people counting and functions in traffic applications. Blickfeld was founded in 2017 and is headquartered in Munich, Germany.

Buy €10M
Mergr

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