M&A Deal Summary

Hexatronic Acquires The Light Brigade

On July 23, 2020, Hexatronic acquired education company The Light Brigade

Acquisition Highlights
  • This is Hexatronic’s 1st transaction in the Education sector.
  • This is Hexatronic’s 1st transaction in the United States.
  • This is Hexatronic’s 1st transaction in Washington.

M&A Deal Summary
Date 2020-07-23
Target The Light Brigade
Sector Education
Buyer(s) Hexatronic
Deal Type Add-on Acquisition

Target

The Light Brigade

Kent, Washington, United States
Light Brigade was established in 1990 and has trained more than 60,000 people in fiber optics. The headquarters is based in Kent, Washington state, and it has trainers based in several other states to cover all of North America. This enables training to be offered in more than 75 different cities each year. The business has a streamlined focus on providing world-class training for fiber optics and associated applications. This ranges from introductory training to highly advanced design and engineering training.

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Buyer(S) 1

Buyer

Hexatronic

Göteborg, Sweden
Category Company
Founded 1972
Sector Technology Hardware
Employees1,991
Revenue 8.2B SEK (2023)
DESCRIPTION

Formed in 1993, Hexatronic is a technology group, specializing in fiber communications. The company develops, markets, and delivers products, components, and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative systems and product solutions mainly for passive fiber optic infrastructure with global trademarks like Matrix, Viper, Stingray, Raptor, InOne, Drytech, Lightmate, Skyline and Wistom. The Group has its headquarters in Gothenburg, Sweden, and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, Germany, China, New Zealand, and the US. Hexatronic Group was founded in 1972 and is based in Gothenburg, Sweden.

DEAL STATS #
Overall 1 of 11
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 8
State (Washington) 1 of 1
Country (United States) 1 of 4
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 Mpirical

Lancaster, United Kingdom

Mpirical is a UK-based telecoms technology training provider focusing on cutting-edge accredited mobile and wireless telecoms technology training. Mpirical was founded in 2002 and is based in Lancaster, United Kingdom.

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