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  6. TEVET Acquires LibertyGT

M&A Deal Summary

TEVET Acquires LibertyGT

On June 22, 2021, TEVET acquired technology hardware company LibertyGT from RADX Technologies

Acquisition Highlights
  • This is TEVET’s 1st transaction in the Technology Hardware sector.
  • This is TEVET’s 1st transaction in the United States.
  • This is TEVET’s 1st transaction in California.

M&A Deal Summary
Date 2021-06-22
Target LibertyGT
Sector Technology Hardware
Buyer(s) TEVET
Sellers(s) RADX Technologies
Deal Type Divestiture

Target

LibertyGT

Palo Alto, California, United States
LibertyGT is a provider of real-time spectrum analysis (RTSA) RF record and playback system that brings distinct flexibility and high precision to electronic warfare and 5G applications. LibertyGT is based in Palo Alto, California.

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Buyer(S) 1

Buyer

TEVET

Greeneville, Tennessee, United States
Category Company
Founded 2004
Sector Test/Measurement Equipment
DESCRIPTION

TEVET is a provider of technical products, systems, and measurement instrumentation. TEVET was founded in 2004 and is based in Greeneville, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

RADX Technologies

Palo Alto, California, United States
Category Company
Sector Technology Hardware
DESCRIPTION

RADX Technologies is a provider of advanced COTS hardware and software products and technologies that enable cost-effective, real-time, High Performance Computing (HPC), Signal Processing and Machine Learning applications for Test & Measurement, SDR and EW markets. RADX Technologies is based in Palo Alto, California.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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