M&A Deal Summary

Comtech Acquires Telecommunication Systems

On November 23, 2015, Comtech acquired information technology company Telecommunication Systems for 431M USD

Acquisition Highlights
  • This is Comtech’s 1st transaction in the Information Technology sector.
  • This is Comtech’s 3rd largest (disclosed) transaction.
  • This is Comtech’s 3rd transaction in the United States.
  • This is Comtech’s 1st transaction in Maryland.

M&A Deal Summary

Date 2015-11-23
Target Telecommunication Systems
Sector Information Technology
Buyer(s) Comtech
Deal Type Add-on Acquisition
Deal Value 431M USD
Advisor(s) Lazard Ltd. (Financial)
Bryan Cave Leighton Paisner LLP (Legal)

Target

Telecommunication Systems

Annapolis, Maryland, United States
Telecommunication Systems, Inc. is a provider of IT services to secure and highly reliable wireless communications.

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Buyer(S) 1

Buyer

Comtech

Melville, New York, United States

Category Company
Founded 1967
Sector Technology Hardware
Employees1,718
Revenue 550M USD (2023)
DESCRIPTION

Comtech is a designer, developer, producer, and marketer of products, systems, and services for communications solutions in the United States and internationally. Comtech was incorporated in 1967 and is based in Melville, New York.


DEAL STATS #
Overall 3 of 6
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 6
State (Maryland) 1 of 1
Country (United States) 3 of 3
Year (2015) 1 of 1
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-10 CPI

Santa Rosa, California, United States

CPI is a direct marketer, designer and manufacturer of innovative OEM and end-user solutions in analytical science and technology. The company manufactures a range of technical analytical instrument components, high-purity standard solutions and reagents and other analytical testing products for the environmental, petrochemical, pharmaceutical, biotechnology and semiconductor industries. CPI’s worldwide customers include IBM, Intel, Pfizer, Merck, Bayer, US Filter, Safety Kleen, Chevron, Ashland Chemical, Dupont and BASF as well as numerous federal, state, academic and private laboratories. Direct sales and marketing are conducted worldwide, from offices in the United States, Canada, Europe and Japan.

Buy $472M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-05 CPI

Santa Rosa, California, United States

CPI is a direct marketer, designer and manufacturer of innovative OEM and end-user solutions in analytical science and technology. The company manufactures a range of technical analytical instrument components, high-purity standard solutions and reagents and other analytical testing products for the environmental, petrochemical, pharmaceutical, biotechnology and semiconductor industries. CPI’s worldwide customers include IBM, Intel, Pfizer, Merck, Bayer, US Filter, Safety Kleen, Chevron, Ashland Chemical, Dupont and BASF as well as numerous federal, state, academic and private laboratories. Direct sales and marketing are conducted worldwide, from offices in the United States, Canada, Europe and Japan.

Sell -