M&A Deal Summary

Secure Communication Systems Acquires Tactical Micro

On January 8, 2014, Secure Communication Systems acquired electronics company Tactical Micro from Relativity Capital

Acquisition Highlights
  • This is Secure Communication Systems’ 2nd transaction in the Electronics sector.
  • This is Secure Communication Systems’ 3rd transaction in the United States.
  • This is Secure Communication Systems’ 1st transaction in Virginia.

M&A Deal Summary
Date 2014-01-08
Target Tactical Micro
Sector Electronics
Buyer(s) Secure Communication Systems
Sellers(s) Relativity Capital
Deal Type Add-on Acquisition

Target

Tactical Micro

Fredericksburg, Virginia, United States
Tactical Micro is a provider of audio, video and wireless products and services for U.S. military and urban training ranges. The Company’s products and services are currently being fielded as part of the U.S. Army PEO STRI’s DRTS (Digital Range Training Systems) modernization program. Tactical Micro is based in Fredericksburg, Virginia.

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Buyer(S) 1

Buyer

Secure Communication Systems

Santa Ana, California, United States
Category Company
Founded 1986
Sector Technology Hardware
DESCRIPTION

Secure is a provider of customized high-performance electronics, sub-systems, and component solutions for mission-critical applications in highly regulated industrial, aerospace and defense markets. Secure was formed in 1986 and is headquartered in Santa Ana, California.

DEAL STATS #
Overall 3 of 3
Sector (Electronics) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Virginia) 1 of 1
Country (United States) 3 of 3
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-16 Lark Engineering

San Juan Capistrano, California, United States

Lark Engineering is focused on designing and manufacturing RF Filters for the commercial, industrial, and military business segments. The company designs cover a variety of RF filtering applications and form factors.

Buy -

Seller(S) 1

SELLER

Relativity Capital

Arlington, Virginia, United States
Category Private Equity Firm
Founded 2006
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Relativity Capital is a private equity firm that targets investments in businesses 'throughout all stages of the business cycle'. Relativity will consider control investments in healthy companies in the form of leveraged buyouts, as well as acquisitions of distressed businesses. Relativity's target investment size is $5 to $30 million. Sectors of interest include aerospace, automotive, business services, consumer, defense, general manufacturing, and healthcare. Relativity Capital was formed in 2006 and is based in Arlington, Virginia with additional offices in New York City.

DEAL STATS #
Overall 1 of 2
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Virginia) 1 of 1
Country (United States) 1 of 2
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-29 Jessica’s Brands

Vernon, California, United States

Jessica’s Brands is a distributor of contemporary branded apparel to the off-price market. Jessica’s Brands offers customer base in the off-price market access to over 2,000 styles of contemporary branded apparel, including premium denim, knits and wovens, action sportswear, footwear and accessories for men, women and children. Jessica’s Brands was founded in 1980 and is headquartered in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-13 Penguin Logistics

Wexford, Pennsylvania, United States

Penguin Logistics LLC (dba MHF Services) is a provider of specialized logistical solutions related to the movement of environmentally sensitive materials.

Sell -
Mergr

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