M&A Deal Summary

Norsat International Acquires CVG

On April 16, 2013, Norsat International acquired electrical equipment company CVG for 500K USD

Acquisition Highlights
  • This is Norsat International’s 2nd transaction in the Electrical Equipment sector.
  • This is Norsat International’s 2nd largest (disclosed) transaction.
  • This is Norsat International’s 1st transaction in the United States.
  • This is Norsat International’s 1st transaction in Virginia.

M&A Deal Summary

Date 2013-04-16
Target CVG
Sector Electrical Equipment
Buyer(s) Norsat International
Deal Type Add-on Acquisition
Deal Value 500K USD

Target

CVG

Sterling, Virginia, United States
CVG provides electric equipment for secure, robust, deployable, satellite-based communications solutions to government and commercial customers in the United States and around the world.

Search 201,839 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

Norsat International

Richmond, British Columbia, Canada

Category Company
Founded 1977
Sector Technology Hardware
Revenue 36M USD (2015)
DESCRIPTION

Norsat International, Inc. is a provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications. Norsat’s products and services include customizable microwave components, portable satellite systems, maritime solutions, remote network solutions, and equipment financing.


DEAL STATS #
Overall 3 of 3
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-19 Sinclair Technologies Holdings

Aurora, Ontario, Canada

Sinclair Technologies Inc. is a provider of antenna and RF conditioning products, systems and coverage solutions for public safety, defense and private wireless networks. Sinclair offers more than 2,000 different products including Base Station Antennas, Mobile/Transit Antennas, Covert Antennas, Filters, Receiver Multicouplers, and Accessories which are used extensively in public safety and national security communication networks, corporate and commercial communication networks, natural resource management communications systems, road, rail, air, marine and heavy transport communication systems, specialized network applications. Sinclair has industry leading expertise in all aspects of antenna and filter manufacturing.

Buy $19M