M&A Deal Summary

HDT Global Acquires PowerSystems International

On October 20, 2005, HDT Global acquired defense company PowerSystems International for 40M USD

Acquisition Highlights
  • This is HDT Global’s 2nd transaction in the Defense sector.
  • This is HDT Global’s largest (disclosed) transaction.
  • This is HDT Global’s 2nd transaction in the United States.
  • This is HDT Global’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2005-10-20
Target PowerSystems International
Sector Defense
Buyer(s) HDT Global
Deal Type Add-on Acquisition
Deal Value 40M USD
Advisor(s) Williams Mullen (Legal)

Target

PowerSystems International

Natural Bridge Station, Virginia, United States
PowerSystems International, Inc. is a design and manufacture of niche defense and homeland security products.

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Buyer(S) 1

Buyer

HDT Global

Solon, Ohio, United States
Category Company
Founded 1937
Sector Defense
DESCRIPTION

HDT Global is a provider of highly engineered solutions for branches of the US military, international governments, and commercial customers. HDT holds a portfolio of products aimed at creating and controlling environmental conditions to protect and optimize the functioning of critical equipment and personnel. Its innovative products include rapidly deployable shelters, sophisticated environmental control, and power equipment, and nuclear, biological, and chemical protection systems. HDT Global was founded in 1937 and is based in Solon, Ohio.

DEAL STATS #
Overall 2 of 9
Sector (Defense) 2 of 4
Type (Add-on Acquisition) 2 of 8
State (Virginia) 2 of 3
Country (United States) 2 of 9
Year (2005) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-10 Bea Maurer

Fairfield, Virginia, United States

Bea Maurer, Inc. is a manufacturer of rapid-deploying tactical shelters for medical, communications and homeland defense uses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-19 Airborne Systems

Pennsauken, New Jersey, United States

ASG is a privately held company producing both militray parachutes and airborne delivery systems in it's product range. From factories in the USA, Canada and the UK, it supplies the US Department of Defense, UK Ministry of Defence, NASA and many other defence markets worldwide.ASG designs and manufactures specialist parachutes for emergency escape systems (ejection seats), high and low level operations, arieal delivery and for aerospace.

Buy -
Mergr

Product

Company

Legal