Add-on Acquisition • Internet Software and Services

Precise Systems Acquires TES-i

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

Acquisition Context

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.

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M&A Deal Summary
Date	September 5, 2024
Target	TES-i
Sector	Internet Software and Services
Buyer(s)	Precise Systems
Deal Type	Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer	#
Overall	2 of 2
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	2 of 2
State: Arizona	1 of 1
Country: United States	2 of 2
Year: 2024	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.	Buy	-

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.

Buy

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