Resilience Capital Partners Acquires Systron Donner Inertial

Inertial Labs Acquires MEMSENSE

December 7, 2021

Aerospace & Defense

Inertial Labs has acquired MEMSENSE, a developer of MEMS-based inertial measurement units, combining the two companies' engineering and manufacturing capabilities to accelerate product development for aerospace, defense, autonomous vehicles, and industrial markets. The combined business will have more than 100 employees and roughly 500 customers, and aims to expand production capacity and deliver new high-performance IMU and navigation solutions.

Resilience Capital Partners Acquires TSS Technologies

January 3, 2019

Manufacturing

Resilience Capital Partners, a Cleveland-based private equity firm, has acquired TSS Technologies, a West Chester, Ohio-based provider of custom automation systems and contract manufacturing. Resilience said it will operate TSS as a new platform to expand capabilities in highly engineered automation solutions, with a focus on medical device and life sciences end markets; TSS's CEO Marc Drapp will remain in place.

VIAVI Solutions Acquires Inertial Labs

December 13, 2024

Aerospace & Defense

VIAVI Solutions Inc. signed a definitive agreement to acquire Inertial Labs, Inc. for $150 million in initial consideration with up to $175 million of contingent consideration over four years. The acquisition broadens VIAVI’s product capabilities in positioning, navigation and timing (PNT) and accelerates its entry into aerospace, defense and autonomous industrial end markets; it is expected to add about $50 million in NSE revenue in 2025 and be EPS-accretive within 12 months.

Resonetics Acquires Caribou Technologies

February 5, 2019

Manufacturing

Resonetics, a PE-backed contract manufacturer, has acquired Caribou Technologies, a Blaine, Minnesota-based supplier of centerless grinding, forming, coiling, machining and laser processing for the medical device industry. The deal expands Resonetics' manufacturing capabilities and adds capacity and expertise in neurovascular, structural heart and other interventional device markets.

Carlyle Acquires Minority Stake in Resonetics

December 3, 2021

Medical Devices

Funds managed by Carlyle have acquired a significant minority equity stake in Resonetics, valuing the specialized medical device contract manufacturer at approximately $2.25 billion. Carlyle will join existing investor GTCR as a meaningful shareholder while Sverica retains a minority position; the investment will support Resonetics’ continued organic growth, international expansion and add-on acquisition strategy.

Resilient Energy Signs LOI to Acquire Challenger Aerospace & Defense Inc.

February 22, 2024

Aerospace & Defense

Resilient Energy, Inc. (OTC: RENI) announced a letter of intent to acquire 100% of Challenger Aerospace & Defense Inc. (also described as Challenger Aerospace Systems) and two operating subsidiaries, gaining product lines, intellectual property and over $3 million in purchase orders. The acquisition is intended to expand Resilient Energy’s operations into the unmanned aerial vehicle (UAV)/drone market and accelerate revenue growth, margin expansion and cash flow generation.