M&A Deal Summary

MAG Aerospace Acquires AASKI Technology

On March 16, 2020, MAG Aerospace acquired information technology company AASKI Technology

Acquisition Highlights
  • This is MAG Aerospace’s 1st transaction in the Information Technology sector.
  • This is MAG Aerospace’s 5th transaction in the United States.
  • This is MAG Aerospace’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-03-16
Target AASKI Technology
Sector Information Technology
Buyer(s) MAG Aerospace
Deal Type Add-on Acquisition
Advisor(s) Baird (Financial)
Holland & Knight (Legal)

Target

AASKI Technology

Tinton Falls, New Jersey, United States
AASKI Technology, Inc. provides independent consulting to customers with an emphasis on delivering quality services at a reasonable cost, but most importantly driving results. AASKI Technology was founded in 1997 and is based in Tinton Falls, New Jersey.

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Buyer(S) 1

Buyer

MAG Aerospace

Fairfax, Virginia, United States

Category Company
Founded 2009
Sector Aerospace
DESCRIPTION

MAG Aerospace is a provider of aviation training, aviation logistics, and technical services to federal, global, civilian, and commercial customers around the world. MAG delivers full spectrum ISR Services (operations, training, and technical services) and other specialty aviation to federal, international, civilian, and commercial customers around the world. MAG Aerospace was founded in 2009 and is based in Fairfax, Virginia.


DEAL STATS #
Overall 7 of 7
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 7
State: New Jersey M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-19 Time Saver Aviation

Sanford, North Carolina, United States

Time Saver Aviation LLC is a commercial aerial charter and aircraft maintenance services provider in the North Carolina region and supports its customers by providing on-demand aviation services and general aviation maintenance support. Time Saver Aviation was founded in 2002 and is based in Sanford, North Carolina.

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