M&A Deal Summary

Kratos Acquires Southern Research - Engineering Division

On May 24, 2022, Kratos acquired business services company Southern Research - Engineering Division from Southern Research Institute for 80M USD

Acquisition Highlights
  • This is Kratos’ 2nd transaction in the Business Services sector.
  • This is Kratos’ 3rd largest (disclosed) transaction.
  • This is Kratos’ 13th transaction in the United States.
  • This is Kratos’ 2nd transaction in Alabama.

M&A Deal Summary

Date 2022-05-24
Target Southern Research - Engineering Division
Sector Business Services
Buyer(s) Kratos
Sellers(s) Southern Research Institute
Deal Type Divestiture
Deal Value 80M USD

Target

Southern Research - Engineering Division

Birmingham, Alabama, United States
Southern Research's Engineering Division is a provider in assisting customers in the development, modeling and deployment of advanced materials for extreme environments, including hypersonic, space, missile, missile defense, strategic deterrence, propulsion systems, and energy applications.

Search 198,123 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Kratos

San Diego, California, United States

Category Company
Founded 1994
Sector Defense
Employees3,900
Revenue 1.0B USD (2023)
DESCRIPTION
Kratos' corporate headquarters in San Diego, California.
Kratos' corporate headquarters in San Diego, California.

Kratos is a specialized technology focused security business providing mission critical products, solutions and services for domestic and international customers. The Company designs, engineers and manufactures specialized electronic products, components, subsystems and systems for intelligence, surveillance, and reconnaissance (ISR), electronic attack, electronic warfare, radar, and missile system platforms; integrated product, software and technology solutions for satellite communications; products and solutions for unmanned systems; products and services related to cybersecurity and cyberwarfare; products and solutions for ballistic missile defense; weapons systems trainers; advanced network engineering and information technology services; weapons systems lifecycle support and sustainment; military weapon range operations and technical services; and public safety, critical infrastructure security and surveillance systems. Kratos was formed in 1994 and is based in San Diego, California.


DEAL STATS #
Overall 13 of 13
Sector (Business Services) 2 of 2
Type (Divestiture) 2 of 2
State (Alabama) 2 of 2
Country (United States) 13 of 13
Year (2022) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-20 5-D Systems

Huntsville, Alabama, United States

5-D Systems, Inc. (5-D) specializes in systems and software engineer for unmanned aviation systems programs, manned aviation systems programs, and missile systems programs. 5-D provides the U.S. Government, allied governments, prime contractors, and commercial aerospace companies with a vast array of engineering and logistics services focused on systems, hardware, software, integration, and test. 5-D Systems, Inc. was founded in 1999 and is based in Huntsville, Alabama.

Buy -

Seller(S) 1

SELLER

Southern Research Institute

Birmingham, Alabama, United States

Category Company
Sector Life Science
DESCRIPTION

Southern Research is a not-for-profit, 501(c)(3) organization conducting basic and applied research in Alabama, Maryland, and North Carolina in the areas of drug discovery, preclinical drug development, advanced engineering, and environmental protection. Southern Research is a self-sustaining contract research organization and an incorporated affiliate of The University of Alabama at Birmingham (UAB).


DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 2
State (Alabama) 2 of 2
Country (United States) 2 of 2
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 Curved Skies

Alexandria, Virginia, United States

Curved Skies LLC is a boutique aerospace company which demonstrates high altitude geospatial technologies, transitions systems to space applications, and performs sensor risk reduction studies for commercial and government clients.

Buy -