ACR Group Acquires TRX Systems

January 19, 2022

ACR Group has acquired TRX Systems, a Maryland-based developer of NEON GPS‑denied location and TRX Dismounted Assured PNT solutions. TRX will retain its management, products, brand and location; financial terms were not disclosed. The acquisition expands ACR Group’s assured position, navigation, and timing (PNT) capabilities for defense, public safety, and industrial customers.

Buyers
ACR Group
Targets
TRX Systems
Location
Maryland, United States
Transaction Type
Buyout

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