M&A Deal Summary

Red Cat Holdings Acquires Rotor Riot

On June 4, 2019, Red Cat Holdings acquired technology hardware company Rotor Riot

Acquisition Highlights
  • This is Red Cat Holdings’ 1st transaction in the Technology Hardware sector.
  • This is Red Cat Holdings’ 1st transaction in the United States.
  • This is Red Cat Holdings’ 1st transaction in Florida.

M&A Deal Summary

Date 2019-06-04
Target Rotor Riot
Sector Technology Hardware
Buyer(s) Red Cat Holdings
Deal Type Add-on Acquisition

Target

Rotor Riot

Orlando, Florida, United States
Rotor Riot LLC is a technology and media company in the drone space. Rotor Riot LLC is based in Orlando, Florida.

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Buyer(S) 1

Buyer

Red Cat Holdings

San Juan, Puerto Rico

Category Company
Sector Software
Employees70
Revenue 10M USD (2023)
DESCRIPTION

Red Cat Holdings is a provider of secure blockchain-based distributed storage, analytics, and SaaS for the drone industry. Red Cat Holdings is based in San Juan, Puerto Rico.


DEAL STATS #
Overall 1 of 5
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (Florida) 1 of 1
Country (United States) 1 of 4
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 Skypersonic

Troy, Michigan, United States

Skypersonic is a provider of drone products and software solutions designed to "Fly Anywhere" and "Inspect the Impossible". Its patented software and hardware solutions allow for inspection services in restricted spaces where GPS is not allowed or available. Skycopter is a miniature drone fitted into a cage to avoid damage to inspected areas and the drone. Skyloc is a stand-alone, real-time, software system that enables the drone to record and transmit inspection data while being operated from thousands of miles away. Skypersonic was founded in 2013 and is based in Troy, Michigan.

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