Arotech's Advanced Electronics Division Acquires Advance Circuit Technology

Arotech Corporation's Advanced Electronics Division Acquires UST-Aldetec

September 21, 2020

Aerospace & Defense

Arotech Corporation's Advanced Electronics Division (AED) has acquired UST-Aldetec, a privately held design, engineering, manufacturing and services company with sites in Fair Lawn, New Jersey; Sacramento, California; and Reno, Nevada. The acquisition expands Arotech AED's capabilities into RF and microwave product platforms and strengthens its position in defense, communications and medical electronics manufacturing.

APCT (IGP Portfolio Company) Acquires Advanced Circuits from Compass Diversified

February 15, 2023

Manufacturing

APCT, a portfolio company of Industrial Growth Partners, completed the acquisition and merger with Advanced Circuits, Inc., a designer and manufacturer of quick-turn, low-volume printed circuit boards. The transaction was announced January 10, 2023 and closed in February 2023 (enterprise value reported at $220 million), with the seller Compass Diversified receiving approximately $170 million of proceeds at closing after adjustments.

TRC Companies Acquires Advanced Civil Technologies (ACT)

October 10, 2023

Engineering Services

TRC Companies acquired Advanced Civil Technologies (ACT) to expand its highway design, transportation, and public works capabilities across Southern California. The acquisition brings ACT's project/program management and highway design expertise into TRC's broader engineering and environmental services platform to better serve regional transportation agencies.

Advanced Cooling Technologies Acquires Tekgard, Inc.

March 1, 2021

Manufacturing

Advanced Cooling Technologies, Inc. (ACT) has acquired Tekgard, Inc., a York, Pennsylvania-based engineering and manufacturing firm that builds environmental control systems for harsh and remote military operations. The acquisition, finalized March 1, 2021, expands ACT’s product and system capabilities in thermal management and integrates Tekgard’s engineering and manufacturing operations; Tekgard president Mike Bahn will join ACT as vice president of the Tekgard Division. Both companies will maintain employees and closely located facilities to enhance product design, engineering, manufacturing and testing.

Arotech (ATSD) Acquires Inter-Coastal Electronics

February 24, 2020

Aerospace & Defense

Arotech Corporation's Training and Simulation Division (ATSD), a portfolio company of Greenbriar Equity Group, has acquired Inter-Coastal Electronics, Inc. (ICE), a Mesa, Arizona–based designer and manufacturer of live training and test instrumentation systems. The acquisition adds vertically integrated manufacturing capability and expands ATSD's aviation training solutions, with ICE joining ATSD's FAAC business unit; ICE's president Shawn Kirkpatrick will remain in his role.

Access Control Systems (ACS) Acquires Access Control Technologies (ACT)

January 11, 2022

Electrical Services

Access Control Systems (ACS), a Brixey & Meyer Capital–backed system integrator headquartered in Nashville, acquired Access Control Technologies (ACT), a Central Florida installer of automated gate systems headquartered in Orlando. The deal was sourced from Mike Knarreborg and his partners and is intended to expand ACS’s Florida presence, add capabilities, and accelerate ACT’s growth.