Add-on Acquisition • Aerospace

Southern Research Institute Acquires Curved Skies

On September 6, 2016, Southern Research Institute acquired aerospace company Curved Skies

Acquisition Context
  • This is Southern Research Institute’s 1st transaction in the Aerospace sector.
  • This is Southern Research Institute’s 1st transaction in the United States.
  • This is Southern Research Institute’s 1st transaction in Virginia.

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M&A Deal Summary

Date September 6, 2016
Target Curved Skies
Sector Aerospace
Buyer(s) Southern Research Institute
Deal Type Add-on Acquisition

Target Company

Curved Skies

Alexandria, Virginia, United States
Curved Skies LLC is a boutique aerospace company which demonstrates high altitude geospatial technologies, transitions systems to space applications, and performs sensor risk reduction studies for commercial and government clients.
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Buyer Overview 1

Buyer

Southern Research Institute

Birmingham, Alabama, United States

Category Company
Sector Life Science
DESCRIPTION

Southern Research is a not-for-profit, 501(c)(3) organization conducting basic and applied research in Alabama, Maryland, and North Carolina in the areas of drug discovery, preclinical drug development, advanced engineering, and environmental protection. Southern Research is a self-sustaining contract research organization and an incorporated affiliate of The University of Alabama at Birmingham (UAB).


Deal Context for Buyer #
Overall 1 of 1
Sector: Aerospace 1 of 1
Type: Add-on Acquisition 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 Surmodics Pharmaceuticals

Birmingham, Alabama, United States

Surmodics Pharmaceuticals is a drug delivery company that provides its proprietary polymer based technologies to companies developing improved pharmaceutical products.

Sell $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-24 Southern Research - Engineering Division

Birmingham, Alabama, United States

Southern Research's Engineering Division is a provider in assisting customers in the development, modeling and deployment of advanced materials for extreme environments, including hypersonic, space, missile, missile defense, strategic deterrence, propulsion systems, and energy applications.

Sell $80M