M&A Deal Summary |
|
|---|---|
| Date | 2016-05-03 |
| Target | ATAC |
| Sector | Defense |
| Buyer(s) | Textron |
| Sellers(s) | Chart Capital Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Diversified |
| Employees | 35,000 |
| Revenue | 13.7B USD (2023) |
Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron conducts business through five operating segments: Cessna, Bell, Textron Systems and Industrial, and Finance. Cessna is a general aviation company with two principal lines of business: Aircraft sales and aftermarket services. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Textron Systems’ product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors and a variety of defense and aviation mission support products and services. Textron Industrial designs and manufactures a variety of products under three principal product lines, including Fuel Systems and Functional Components, Golf and Turf Care, and Powered Tools, Testing and Measurement Equipment. Textron Finance is a commercial finance business that consists of Textron Financial Corporation. Textron was founded in 1923 and is based in Providence, Rhode Island.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 48 |
| Sector (Defense) | 3 of 3 |
| Type (Add-on Acquisition) | 37 of 39 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 29 of 30 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-02 |
ProFlight
Carlsbad, California, United States ProFlight is an FAA-approved Part 142 training center specializing in Cessna Citation CJ Series training, Cessna Conquest Series training, and offers an innovative continuous currency program that provides pilots greater training flexibility and year-round proficiency. Founded in 1988 by professional pilot instructors who saw a need for high-quality flight training at a lower cost, ProFlight has trained thousands of pilots and continues to grow as its innovative training model appeals to a broad range of pilots - from owner operators to corporate aviation departments. ProFlight will continue to operate from its Carlsbad facility. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-25 |
Arctic Cat
Plymouth, Minnesota, United States The Arctic Cat brand is among the most widely recognized and respected in the recreational vehicle industry. The company designs, engineers, manufactures and markets all-terrain vehicles (ATVs), side-by-sides and snowmobiles, in addition to related parts, garments and accessories under the Arctic Cat® and Motorfist® brand names. Arctic Cat Inc.’s world headquarters is located in Minneapolis, Minnesota. |
Buy | $247M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| Size | Small |
| Type | Sector Agnostic |
Chart Capital Partners is a private equity firm that invests in smaller middle-market companies through management buyouts, recapitalization and structured growth equity investments. Chart targets profitable, growth-oriented companies and enterprise value of $15 to $250 million. The Firm will consider opportunities throughout North America and looks to invest $10 to $50 million per transaction. Sectors of interest include energy services, food/beverage, communications, and niche manufacturing. Chart Capital seeks companies with revenue between $15 to $100 million. Chart Capital Partners was founded in 1995 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 10 |
| Sector (Defense) | 2 of 2 |
| Type (Add-on Acquisition) | 6 of 7 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 6 of 8 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-29 |
MTN Satellite Communications
Miramar, Florida, United States MTN Satellite Communications, Inc. is a provider of communications and content services for remote locations around the world. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-20 |
Genesis Today
Austin, Texas, United States Genesis Today, Inc. is a nutritional supplement and health training company, providing organic, quality natural health supplements and ready-to-drink teas based on functional exotic fruits such as goji, noni, mangosteen, and acai. Genesis Today was founded in 2001 and is based in Austin, Texas. |
Sell | - |
