M&A Deal Summary

Herley Industries Acquires Eyal Microwave Industry

On September 1, 2008, Herley Industries acquired defense company Eyal Microwave Industry from Tene Investment Funds

Acquisition Highlights
  • This is Herley Industries’ 1st transaction in the Defense sector.
  • This is Herley Industries’ 1st transaction in Israel.

M&A Deal Summary

Date 2008-09-01
Target Eyal Microwave Industry
Sector Defense
Buyer(s) Herley Industries
Sellers(s) Tene Investment Funds
Deal Type Add-on Acquisition

Target

Eyal Microwave Industry

Kibbutz Eyal, Israel
EMI Microwave is a leading innovator in the design and delivery of high performance RF, Microwave (MW) and Millimeter Wave (mmW) communication subsystems and components for a wide range of applications in the Defense Communications industries.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Herley Industries

Lancaster, Pennsylvania, United States

Category Company
Founded 1965
Sector Defense
Employees1,000
DESCRIPTION

Herley Industries, Inc. is a provider of microwave based products and technologies for use in Command and Control Systems, Weapons Systems, Electronic Warfare Systems, and Radar and Communications Systems.


DEAL STATS #
Overall 2 of 2
Sector: Defense M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Israel M&A 1 of 1
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-29 Herley-RSS

Melbourne, Florida, United States

Herley-RSS, Inc. is a manufacturer of an electronic equipment / testing and provides communications engineering solutions to business customers.

Buy -

Seller(S) 1

SELLER

Tene Investment Funds

Tel Aviv, Israel

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Tene Investment Funds is an Israeli private equity firm focused on acquiring growth-oriented companies. The Firm targets well-established, export-oriented, tech-enabled businesses operating in growth sectors that include resource management, water treatment, clean technologies, metal, plastic products and components, consumer products, and homeland security. Tene Investment Funds was formed in 2004 and is based in Tel Aviv.


DEAL STATS #
Overall 1 of 9
Sector: Defense M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Israel M&A 1 of 8
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-01 Teldor

Kibbutz Ein-Dor, Israel

Teldor is a manufacturer of a wide range of wires and cables for telecommunications, electronics, and electricity and is a provider in the design and production of high data-rate Copper and Optical LAN cables, Industrial BUS, Instrumentation, and Control cables. Teldor was founded in 1966 and is based in Kibbutz Ein-Dor, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 SCR Engineers

Netanya, Israel

SCR Engineers Ltd. is a provider of innovative, electronic and computerized dairy farming systems worldwide. SCR develops, manufactures, markets and supports sophisticated dairy management systems & milking equipment, offering the dairyman the most advanced solutions for milking control and herd management. SCR's customers include leading milking equipment companies worldwide including Delaval and Lely Industries. Exports account for 90% of sales.

Buy -