M&A Deal Summary

Stellant Acquires Comtech - Power Systems Technology

On October 12, 2023, Stellant acquired technology hardware company Comtech - Power Systems Technology from Comtech for 40M USD

Acquisition Highlights
  • This is Stellant’s 1st transaction in the Technology Hardware sector.
  • This is Stellant’s largest (disclosed) transaction.
  • This is Stellant’s 1st transaction in the United States.
  • This is Stellant’s 1st transaction in New York.

M&A Deal Summary
Date 2023-10-12
Target Comtech - Power Systems Technology
Sector Technology Hardware
Buyer(s) Stellant
Sellers(s) Comtech
Deal Type Divestiture
Deal Value 40M USD

Target

Comtech - Power Systems Technology

Melville, New York, United States
Comtech's Power Systems Technology provides power systems.

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Buyer(S) 1

Buyer

Stellant

Torrance, California, United States
Category Company
Sector Electronics
DESCRIPTION

Stellant is a provider of RF amplification products for the space, electronic warfare, radar, medical and industrial end markets. The Company designs and assembles traveling wave tubes (TWTs), nano microwave power modules, and other related subsystems, and is a provider of space-qualified TWTs. Stellant is based in Torrance, California.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Comtech

Melville, New York, United States
Category Company
Founded 1967
Sector Technology Hardware
Employees1,718
Revenue 550M USD (2023)
DESCRIPTION

Comtech is a designer, developer, producer, and marketer of products, systems, and services for communications solutions in the United States and internationally. Comtech was incorporated in 1967 and is based in Melville, New York.

DEAL STATS #
Overall 2 of 2
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 2 of 2
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-29 Gilat Satellite Networks

Petah Tikva, Israel

Gilat Satellite Networks Ltd. designs and manufactures cutting-edge ground segment equipment, and provides comprehensive solutions and end-to-end services, powered by Gilat’s innovative technology. Delivering high-value competitive solutions, Gilat’s portfolio comprises of a cloud-based VSAT network platform, high-speed modems, high-performance on-the-move antennas and high efficiency, high power Solid State Amplifiers (SSPA) and Block Upconverters (BUC).

Buy $533M
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