OceanSound Partners Acquires Antenna Research Associates

November 4, 2024

OceanSound Partners completed the acquisition of Antenna Research Associates, Inc. (ARA), a Laurel, Maryland-based designer and manufacturer of antennas and RF systems for aerospace and defense markets. Gladstone Capital Corporation exited its equity investment and prepaid its debt; financial terms were not disclosed. ARA's management will remain in operational roles and as investors while OceanSound aims to accelerate growth, expand RF capabilities, and pursue complementary acquisitions.

Buyers
OceanSound Partners
Targets
Antenna Research Associates, Inc.
Sellers
Gladstone Capital Corporation
Location
Maryland, United States
Transaction Type
Buyout

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