Add-on Acquisition • Electrical Equipment

Ironwave Technologies Acquires Syntonics

On January 14, 2021, Ironwave Technologies acquired electrical equipment company Syntonics

Acquisition Context

This is Ironwave Technologies’ 1st transaction in the Electrical Equipment sector.
This is Ironwave Technologies’ 1st transaction in the United States.
This is Ironwave Technologies’ 1st transaction in Maryland.

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M&A Deal Summary
Date	January 14, 2021
Target	Syntonics
Sector	Electrical Equipment
Buyer(s)	Ironwave Technologies
Deal Type	Add-on Acquisition

Target Company

Syntonics

Columbia, Maryland, United States

Syntonics is a manufacturer and research and development company focused on advanced radio frequency systems and subsystems such as RF over fiber, Software Defined Radio, Tracking Tagging and Location (TLL) and Expendable Data Exfiltration (EDEX) technologies.

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Buyer Overview 1

Buyer

Ironwave Technologies

Manassas, Virginia, United States

Category	Company
Sector	Electrical Equipment

DESCRIPTION

Ironwave Technologies invests in RF and microwave technologies used in electronic warfare, communications, telemetry and surveillance. It has several current investments in this space and is actively pursuing additional acquisitions. Ironwave Technologies is based in Manassas, Virginia.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Electrical Equipment	1 of 1
Type: Add-on Acquisition	1 of 1
State: Maryland	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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