M&A Deal Summary

L-3 Communications Acquires Aerosim Flight Academy

On September 30, 2016, L-3 Communications acquired education company Aerosim Flight Academy

Acquisition Highlights
  • This is L-3 Communications’ 1st transaction in the Education sector.
  • This is L-3 Communications’ 28th transaction in the United States.
  • This is L-3 Communications’ 2nd transaction in Florida.

M&A Deal Summary
Date 2016-09-30
Target Aerosim Flight Academy
Sector Education
Buyer(s) L-3 Communications
Deal Type Add-on Acquisition

Target

Aerosim Flight Academy

Sanford, Florida, United States
Aerosim Flight Academy, Inc. trains students to become professional, highly qualified pilots to fulfill the needs of the growing airline industry.

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Buyer(S) 1

Buyer

L-3 Communications

New York, New York, United States
Category Company
Founded 1997
Sector Technology Hardware
Employees38,000
Revenue 9.6B USD (2017)
DESCRIPTION

L3 Technologies, Inc. is an american company that supplies command and control, communications, intelligence, surveillance and reconnaissance systems and products, avionics, ocean products. L3 Technologies was founded in 1997 and is based in New York.

DEAL STATS #
Overall 36 of 45
Sector (Education) 1 of 1
Type (Add-on Acquisition) 29 of 37
State (Florida) 2 of 2
Country (United States) 28 of 36
Year (2016) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-30 Aerosim Technologies

Burnsville, Minnesota, United States

Aerosim Technologies, Inc. is a provider of pilot and maintenance technician training tools for distance learning, ground school, and flight training. These training devices are both portable and flexible and have been applied in the classroom and computer lab environments as well as on distance learning platforms all over the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-10 Implant Sciences - Explosives Trace Detection Assets

Wilmington, Massachusetts, United States

Implant Sciences Corp. - Explosives Trace Detection Assets includes worldwide rights to the QS-B220 desktop and the QS-H150 handheld ETD systems as well as all other product and technology assets of Implant Sciences.

Buy $118M
Mergr

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