M&A Deal Summary

FTG Acquires Flyht Aerospace Solutions

On October 21, 2024, FTG acquired aerospace company Flyht Aerospace Solutions for 4M USD

Acquisition Highlights
  • This is FTG’s 1st transaction in the Aerospace sector.
  • This is FTG’s 2nd largest (disclosed) transaction.
  • This is FTG’s 1st transaction in Canada.
  • This is FTG’s 1st transaction in Alberta.

M&A Deal Summary
Date 2024-10-21
Target Flyht Aerospace Solutions
Sector Aerospace
Buyer(s) FTG
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

Flyht Aerospace Solutions

Calgary, Alberta, Canada
Flyht Aerospace Solutions provides the airline industry with smart decisions based on Actionable Intelligence to improve operational efficiency, sustainability, and profitability. Our mission is to leave no data stranded and no action incomplete through our extensive hardware, software, weather sensors, and services. Flyht Aerospace Solutions is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

FTG

Toronto, Ontario, Canada
Category Company
Founded 1983
Sector Semiconductors
Employees450
Revenue 135M CAD (2023)
DESCRIPTION

FTG is a manufacturer of high technology printed circuit boards and precision illuminated display systems. FTG was incorporated in 1983 and is based in Toronto, Ontario.

DEAL STATS #
Overall 4 of 4
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-28 Holaday Circuits

Minnetonka, Minnesota, United States

Holaday Circuits is a manufacturer of high technology circuit boards focused on the aerospace and defense markets. Holaday Circuits is based in Minnetonka, Minnesota.

Buy CA$24M
Mergr

Product

Company

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