M&A Deal Summary

Bridger Aerospace Acquires Ignis Technologies

On September 14, 2023, Bridger Aerospace acquired software company Ignis Technologies for 12M USD

Acquisition Highlights
  • This is Bridger Aerospace’s 1st transaction in the Software sector.
  • This is Bridger Aerospace’s 2nd largest (disclosed) transaction.
  • This is Bridger Aerospace’s 1st transaction in the United States.
  • This is Bridger Aerospace’s 1st transaction in Montana.

M&A Deal Summary

Date 2023-09-14
Target Ignis Technologies
Sector Software
Buyer(s) Bridger Aerospace
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Ignis Technologies

Bozeman, Montana, United States
Ignis Technologies collect, distribute and communicate actionable intelligence and situational awareness on wildland fires. Ignis Technologies is based in Bozeman, Montana.

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Buyer(S) 1

Buyer

Bridger Aerospace

Belgrade, Montana, United States

Category Company
Founded 2014
Sector Aerospace
Employees148
Revenue 67M USD (2023)
DESCRIPTION

Bridger Aerospace is an operator of a Aerial firefighting company committed to utilizing its team, aircraft and technology to save lives, property and habitats threatened by wildfires. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the united states forest service, across the nation. Bridger Aerospace was founded in 2014 and is based in Belgrade, Montana.


DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Montana) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 FMS

Huntsville, Alabama, United States

FMS specializes in comprehensive airframe modification and integration solutions for government and commercial customers. The company provides turn-key solutions for aircraft prototyping, integration, instrumentation and flight testing, and airworthiness certification. Its focus is on mechanical and electrical design, structural analysis, fatigue and damage tolerance analysis (DTA), static and dynamic testing, instrumentation and data acquisition, flight testing, test data analysis, and airworthiness planning and certification. FMS was formed in 2013 and is based in Huntsville, Alabama.

Buy $21M