Laffin Acquisition Corp. Completes Reverse Merger to Take Guerrilla RF Public
October 27, 2021
Guerrilla RF completed a reverse merger with Laffin Acquisition Corp., becoming a wholly owned subsidiary of the public shell (which then changed its name to Guerrilla RF, Inc.) and raised more than $7 million in an initial private placement led by the company's existing investors. Montrose Capital Partners served as the transaction sponsor and GP Nurmenkari, Inc. acted as exclusive placement agent; the financing will support accelerated product development and expansion into targeted wireless and automotive applications.
- Buyers
- Laffin Acquisition Corp., Montrose Capital Partners, Guerrilla RF existing investors
- Targets
- Guerrilla RF, Inc.
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
J.F. Lehman & Company Acquires Mission Microwave Technologies
March 14, 2024
Aerospace & Defense
An investment affiliate of J.F. Lehman & Company has acquired Mission Microwave Technologies, a Cypress, California-based maker of solid-state power amplifiers (SSPAs) and block upconverters (BUCs) for satellite communications. Debt financing for the transaction was led by Barings and co-led by PennantPark and SMBC; prior majority shareholders (affiliates of GaAs Labs LLC), founders and management will remain material shareholders.
-
RAF Industries Acquires Ligchine Corporation from Blue Sage Capital and Hanover Partners
August 15, 2022
Manufacturing
RAF Industries, a long‑term private investment firm based in Philadelphia, acquired Ligchine Corporation, a Darien, Wisconsin‑based designer and manufacturer of laser‑guided boom screeds, from private equity owners Blue Sage Capital and Hanover Partners. The transaction transfers control of the niche construction equipment manufacturer to RAF as the sellers exit their investment after supporting product and go‑to‑market expansion.
-
Lectra to Acquire Gerber Technology
February 8, 2021
Industrial Services
Lectra entered into a Memorandum of Understanding to acquire all capital and voting rights of US-based Gerber Technology, subject to work council consultation, merger control clearance and shareholder approval. The proposed deal envisages an upfront cash-free / debt-free payment of €175 million plus 5 million newly issued Lectra shares to AIPCF VI LG (an affiliate of American Industrial Partners), representing a total consideration of about €300 million based on Lectra's Feb 5, 2021 share price; Gerber reported €165 million of revenue in 2020.
-
Israel Acquisitions Corp. Announces Business Combination with Gadfin Ltd.
January 27, 2025
Aerospace & Defense
Israel Acquisitions Corp. (a Nasdaq-listed SPAC) and Israeli drone company Gadfin Ltd. entered into a definitive business combination agreement that values Gadfin's equity at up to $200 million. The transaction will take Gadfin public on Nasdaq, providing capital to scale its hydrogen-powered, long-range cargo drones and pursue global expansion across healthcare, logistics and defense end markets.
-
TTM Technologies Acquires Telephonics Corporation from Griffon
June 27, 2022
Aerospace & Defense
TTM Technologies completed the acquisition of Telephonics Corporation from Griffon Corporation for $330 million in cash (subject to post-closing adjustments). The deal transfers Griffon’s long‑time avionics and RF business to TTM to expand its aerospace and defense capabilities; Lazard advised Griffon and J.P. Morgan advised TTM on the transaction.
-
LLR Partners Acquires Majority Stake in Geoforce
December 17, 2019
Software
LLR Partners has acquired a majority stake in Geoforce and made a growth capital investment to support the company’s expansion. Geoforce is a cloud-based asset-tracking and Track and Trace provider for field equipment and vehicles, serving over 900 customers across energy, construction, mining, agriculture and logistics; LLR will provide industry expertise and capital to accelerate product innovation and market expansion.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.