M&A Deal Summary

COMSovereign Acquires Fast Plastics Parts

On March 19, 2020, COMSovereign acquired plastics company Fast Plastics Parts

Acquisition Highlights
  • This is COMSovereign’s 1st transaction in the Plastics sector.
  • This is COMSovereign’s 2nd transaction in the United States.
  • This is COMSovereign’s 1st transaction in Colorado.

M&A Deal Summary
Date 2020-03-19
Target Fast Plastics Parts
Sector Plastics
Buyer(s) COMSovereign
Deal Type Add-on Acquisition

Target

Fast Plastics Parts

Colorado Springs, Colorado, United States
Fast Plastics Parts is a manufacturing company that houses a full-production machine shop, a comprehensive line of state-of-the-art plastic injection molding machinery as well as light-assembly fulfillment and packaging lines serving customers 24x7.

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Buyer(S) 1

Buyer

COMSovereign

Tucson, Arizona, United States
Category Company
Founded 2014
Sector Communications
Employees25
Revenue 10M USD (2022)
DESCRIPTION

COMSovereign has assembled a portfolio of communications technology companies that enhance connectivity across the entire data transmission spectrum. Through strategic acquisitions and organic research and development efforts, COMSovereign has become a U.S.-based communications provider able to provide 4G LTE Advanced and 5G-NR telecom solutions to network operators and enterprises. ComSovereign was founded in 2014 and is headquartered in Tucson, Arizona.

DEAL STATS #
Overall 2 of 9
Sector (Plastics) 1 of 1
Type (Add-on Acquisition) 2 of 8
State (Colorado) 1 of 2
Country (United States) 2 of 6
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 Virtual Network Communications

Chantilly, Virginia, United States

Virtual Network Communications, Inc. is a developer of fixed and mobile broadband communications solutions for wireless networks operated by commercial, enterprise, government and defense customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-24 Fastback Networks

Boulder, Colorado, United States

Skyline Technology Partners LLC enable network operators to expand and enhance services, and private networks to secure, monitor, and manage operations via high capacity data connectivity. Skyline Technology Partners is based in Boulder, Colorado.

Buy -
Mergr

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