M&A Deal Summary

Aeronix Acquires ITI Engineering

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2021-12-21
Target ITI Engineering
Sector Defense
Buyer(s) Aeronix
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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
Mergr

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