M&A Deal Summary

CAE Acquires Merlot Aero

On December 22, 2020, CAE acquired software company Merlot Aero for 25M USD

Acquisition Highlights
  • This is CAE’s 3rd transaction in the Software sector.
  • This is CAE’s 6th largest (disclosed) transaction.
  • This is CAE’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2020-12-22
Target Merlot Aero
Sector Software
Buyer(s) CAE
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Merlot Aero

Auckland, New Zealand
Merlot Aero Ltd. is a civil aviation crew management and optimization software company. Merlot Aero is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

CAE

Saint-Laurent, Quebec, Canada

Category Company
Founded 1947
Sector Defense
Employees13,000
Revenue 4.7B CAD (2025)
DESCRIPTION

CAE engages in modeling, simulation, and training for civil aviation and defense. It offers civil aviation, military, and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crew members yearly. CAE was founded in 1947 and is based in Saint-Laurent, Quebec.


DEAL STATS #
Overall 9 of 12
Sector: Software M&A 3 of 4
Type: Add-on Acquisition M&A Deals 6 of 6
Country: New Zealand M&A 1 of 1
Year: 2020 M&A 3 of 3
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 TRU Simulation + Training

Lutz, Florida, United States

TRU Simulation + Training, Inc. delivers innovative training solutions, from full flight simulators to necessary training coursewares, to the commercial and military markets - all while providing superior technical support and customer service.

Buy $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 L3 Harris Technologies - Military Training Business

Tampa, Florida, United States

L3 Harris Technologies' Military Training Business provides military training solutions; Doss Aviation is the provider of initial flight training to the United States Air Force (USAF); and AMI is a design and manufacturing facility for simulator hardware.

Buy $1.1B