Add-on Acquisition • Defense

Aeronix Acquires ITI Engineering

On December 21, 2021, Aeronix acquired defense company ITI Engineering

Acquisition Context

This is Aeronix’s 1st transaction in the Defense sector.
This is Aeronix’s 1st transaction in the United States.
This is Aeronix’s 1st transaction in Florida.

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M&A Deal Summary
Date	December 21, 2021
Target	ITI Engineering
Sector	Defense
Buyer(s)	Aeronix
Deal Type	Add-on Acquisition

Target Company

ITI Engineering

Winter Springs, Florida, United States

ITI Engineering is a supplier of ground-based mission logistics systems and associated engineering services for defense aerospace applications. ITI Engineering was founded in 2003 and is headquartered in Winter Springs, Florida.

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Buyer Overview 1

Buyer

Aeronix

Melbourne, Florida, United States

Category	Company
Founded	1985
Sector	Technology Hardware

DESCRIPTION

Aeronix is a provider of data transfer, signal analysis, and communications products and related engineering services primarily to the defense industry. Products include ruggedized ethernet switches, tactical data link technology, software defined radios, and signal processing mezzanine cards. Aeronix was founded in 1985 and is based in Melbourne, Florida.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Defense	1 of 1
Type: Add-on Acquisition	1 of 1
State: Florida	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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