M&A Deal Summary

Planet Resource Recovery Acquires RADA Technologies

On July 5, 2007, Planet Resource Recovery acquired information technology company RADA Technologies from Intelligent Security Networks

Acquisition Highlights
  • This is Planet Resource Recovery’s 1st transaction in the Information Technology sector.
  • This is Planet Resource Recovery’s 1st transaction in the United States.
  • This is Planet Resource Recovery’s 1st transaction in Texas.

M&A Deal Summary

Date 2007-07-05
Target RADA Technologies
Sector Information Technology
Buyer(s) Planet Resource Recovery
Sellers(s) Intelligent Security Networks
Deal Type Divestiture

Target

RADA Technologies

Pearland, Texas, United States
RADA Technologies, Inc. is a provider of advanced hardware and supporting "intelligent" software security systems for airports, seaports, public transportation systems, and strategic industrial and commercial facilities.

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Buyer(S) 1

Buyer

Planet Resource Recovery

Pearland, Texas, United States

Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

Planet Resource Recovery, Inc. is a provider of petroluxus technology platform for oil, gas and environmental industry.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1

Seller(S) 1

SELLER

Intelligent Security Networks

United States

Category Company
Sector Information Technology
DESCRIPTION

Intelligent Security Networks, Inc. is a provider of IT services in US.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-10 RADA Technologies

Pearland, Texas, United States

RADA Technologies, Inc. is a provider of advanced hardware and supporting "intelligent" software security systems for airports, seaports, public transportation systems, and strategic industrial and commercial facilities.

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