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  6. Precise Systems Acquires TES-i

M&A Deal Summary

Precise Systems Acquires TES-i

On September 5, 2024, Precise Systems acquired internet software and services company TES-i

Acquisition Highlights
  • This is Precise Systems’ 1st transaction in the Internet Software and Services sector.
  • This is Precise Systems’ 2nd transaction in the United States.
  • This is Precise Systems’ 1st transaction in Arizona.

M&A Deal Summary
Date 2024-09-05
Target TES-i
Sector Internet Software and Services
Buyer(s) Precise Systems
Deal Type Add-on Acquisition

Target

TES-i

Tucson, Arizona, United States
TES-i is a hardware and software engineering firm specializing in Model Based Engineering (MBE) and, in particular, Model-based Modular Open Systems Approach (MMOSA™), Future Airborne Capability Environment (FACE®) and Sensor Open Systems Architecture (SOSA) tools and processes. TES-i was formed in 1997 and is headquartered in Tucson, Arizona.

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Buyer(S) 1

Buyer

Precise Systems

Lexington Park, Maryland, United States
Category Company
Founded 1990
Sector Information Technology
DESCRIPTION

Precise Systems is a professional services company providing advanced engineering, program and project management, acquisition and lifecycle support, and information technology services. Precise Systems was founded in 1990 and is based in Lexington Park, Maryland.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Arizona M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-16 Jardon & Howard Technologies

Orlando, Florida, United States

Jardon & Howard Technologies is a provider of advanced training and simulation solutions for clients across the Department of Defense, including the Army, Navy, and other agencies throughout the federal government. Jardon & Howard Technologies is based in Orlando, Florida.

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