M&A Deal Summary

Axon Acquires Foundry 45

On April 6, 2022, Axon acquired business services company Foundry 45

Acquisition Highlights
  • This is Axon’s 1st transaction in the Business Services sector.
  • This is Axon’s 5th transaction in the United States.
  • This is Axon’s 1st transaction in Georgia.

M&A Deal Summary
Date 2022-04-06
Target Foundry 45
Sector Business Services
Buyer(s) Axon
Deal Type Add-on Acquisition

Target

Foundry 45

Atlanta, Georgia, United States
Foundry 45 is a virtual reality (VR) studio focused on developing immersive training modules for large enterprises. Foundry 45 helps organizations break the monotony of their current training routines while providing safer, more efficient, and engaging employee training solutions. Foundry 45 was founded in 2015 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Axon

Scottsdale, Arizona, United States
Category Company
Founded 1993
Sector Defense
Employees2,821
Revenue 1.6B USD (2023)
DESCRIPTION

Axon is a provider of advanced less-lethal weapons for use in the law enforcement private security and personal defense markets. Axon was founded in 1993 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 6 of 8
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 5 of 7
State (Georgia) 1 of 2
Country (United States) 5 of 7
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-25 My90

Seattle, Washington, United States

My90 is specializes in collecting anonymous, actionable data to generate actionable insights to help police agencies improve trust, safety and equity. My90 was founded in 2016 and is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Fusus

Peachtree Corners, Georgia, United States

Fusus is a real-time crime center (RTCC) technology that excels in aggregating live video, data, and sensor feeds from virtually any source, enhancing situational awareness and investigative capabilities for public safety, education, and commercial customers. It integrates with any data source, pulls in public and community video feeds, enables video sources with artificial intelligence, integrates automated license plate reader cameras, drone and aircraft feeds, and does it all by utilizing and unifying existing equipment. The Fusus platform is scalable for cities, businesses, and agencies of every size. Fusus is based in Peachtree Corners, Georgia.

Buy -
Mergr

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