M&A Deal Summary

General Atomics Acquires Surrey Satellite Technology US

On November 13, 2017, General Atomics acquired technology hardware company Surrey Satellite Technology US

Acquisition Highlights
  • This is General Atomics’ 1st transaction in the Technology Hardware sector.
  • This is General Atomics’ 3rd transaction in the United States.
  • This is General Atomics’ 1st transaction in Colorado.

M&A Deal Summary
Date 2017-11-13
Target Surrey Satellite Technology US
Sector Technology Hardware
Buyer(s) General Atomics
Deal Type Add-on Acquisition

Target

Surrey Satellite Technology US

Englewood, Colorado, United States
Surrey Satellite Technology US LLC is a provider of small satellite technologies, systems and services. Surrey Satellite Technology US LLC was established in 2008 and is based in Englewood, Colorado.

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Buyer(S) 1

Buyer

General Atomics

San Diego, California, United States
Category Company
Founded 1955
Sector Defense
DESCRIPTION

General Atomics is a defense contractor that provides research and manufacturing services for remotely operated surveillance aircrafts. General Atomics was established in 1955 and is based in San Diego, California.

DEAL STATS #
Overall 3 of 3
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-02 Syntronics

Fredericksburg, Virginia, United States

Syntronics LLC is a developer and manufacturer of custom electro-mechanical technologies including projectile and missile guidance systems. Syntronics LLC was established in 2004 and is based in Fredericksburg, Virginia.

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