M&A Deal Summary

Curtiss-Wright Acquires Parvus

On October 1, 2013, Curtiss-Wright acquired software company Parvus from Eurotech for 38M USD

Acquisition Highlights
  • This is Curtiss-Wright’s 2nd transaction in the Software sector.
  • This is Curtiss-Wright’s 22nd largest (disclosed) transaction.
  • This is Curtiss-Wright’s 34th transaction in the United States.
  • This is Curtiss-Wright’s 1st transaction in Utah.

M&A Deal Summary
Date 2013-10-01
Target Parvus
Sector Software
Buyer(s) Curtiss-Wright
Sellers(s) Eurotech
Deal Type Add-on Acquisition
Deal Value 38M USD

Target

Parvus

Salt Lake City, Utah, United States
Parvus is a designer and manufacturer of open standard-based modules and systems for C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance) applications in the defense market and various applications in the aerospace, homeland security and general industrial markets.

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Buyer(S) 1

Buyer

Curtiss-Wright

Davidson, North Carolina, United States
Category Company
Founded 1929
Sector Diversified
Employees8,600
Revenue 2.8B USD (2023)
DESCRIPTION

Curtiss-Wright is a global company that delivers highly engineered, critical function products and services to the commercial, defense, energy, and industrial markets. Curtiss-Wright operates through three segments: Commercial/Industrial, Defense, and Energy. The Commercial segment offers products/services that include surface technology services such as shot peening, laser peening, coatings and advanced surface analytics; industrial products such as electronic throttle control devices and transmission shifters; electro-mechanical actuation control components, and utility systems used on aircraft. The Defense segment produces embedded computing board level modules, integrated subsystems, turret aiming and stabilization products, and weapons handling systems. The Energy segment produces a wide range of hardware, pumps, valves, pressure vessels, fastening systems, specialized containment doors, airlock hatches, spent fuel management products, and fluid sealing technologies for nuclear power plants and nuclear equipment manufacturers. Curtiss-Wright was founded in 1929 and is based in Davidson, North Carolina.

DEAL STATS #
Overall 47 of 59
Sector (Software) 2 of 4
Type (Add-on Acquisition) 29 of 41
State (Utah) 1 of 1
Country (United States) 34 of 41
Year (2013) 4 of 5
Size (of disclosed) 22 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-14 The Phonix/Strack Group

Volkmarsen, Germany

The Phönix/Strack Group is a designer and manufacturer of high performance, severe-service valves, valve systems and related support services to the global chemical, petrochemical and power (both conventional and nuclear) markets.

Buy $106M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-07 Arens Control

Arlington Heights, Illinois, United States

Arens Control Co is a designer and manufacturer of highly-engineered, precision operator interface controls and power management systems for commercial and off-road industrial vehicles.

Buy $98M

Seller(S) 1

SELLER

Eurotech

Amaro, Italy
Category Company
Founded 1992
Sector Technology Hardware
Employees393
Revenue 94M EUR (2023)
DESCRIPTION

Eurotech engages in the research, development, and marketing of miniaturised and high performance computers (HPC) primarily in Europe, North America, and Asia. Eurotech was founded in 1992 and is based in Amaro, Italy.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-09 Applied Data Systems

Columbia, Maryland, United States

Applied Data Systems, Inc. (ADS) designs and develops 'application-ready' embedded systems that provide core functionalities, including wireless, mobile, networked, sophisticated graphics, and Internet-connectivity for OEM markets. ADS delivers integrated hardware and software platforms that are seamlessly incorporated into end products, providing its customers minimized risk, accelerated time-to-market, reduced development costs, and enhanced design architecture. ADS' solutions include leading ARM/RISC technologies, including Intel StrongARM and next-generation XScale microprocessors, and RTOS/Windows CE and CE.NET/ Embedded Linux operating environments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-13 InoNet

Taufkirchen, Germany

InoNet is a manufacturer of robust and powerful industrial computers that supplies custom and configured systems to renowned customers in the medical, industrial, and automotive sectors. InoNet was founded in 1998 and is based in Taufkirchen, Germany.

Buy €10M
Mergr

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