M&A Deal Summary

Aspen Avionics Acquires Accord Technology

On June 19, 2015, Aspen Avionics acquired aerospace company Accord Technology

Acquisition Highlights
  • This is Aspen Avionics’ 1st transaction in the Aerospace sector.
  • This is Aspen Avionics’ 1st transaction in the United States.
  • This is Aspen Avionics’ 1st transaction in Arizona.

M&A Deal Summary

Date 2015-06-19
Target Accord Technology
Sector Aerospace
Buyer(s) Aspen Avionics
Deal Type Add-on Acquisition

Target

Accord Technology

Phoenix, Arizona, United States
Accord Technology LLC is a manufacturer of global positioning system products for the airlines, business aviation and general aviation industries.

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Buyer(S) 1

Buyer

Aspen Avionics

Albuquerque, New Mexico, United States

Category Company
Founded 2004
Sector Aerospace
DESCRIPTION

Aspen Avionics is a manufacturer of digital flight displays for aircraft. Aspen Avionics was founded in 2004 and is based in Albuquerque, New Mexico.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1