Advanced Energy Industries Acquires Airity Technologies

Power Integrations Acquires Assets of Odyssey Semiconductor Technologies

May 7, 2024

Manufacturing

Power Integrations has agreed to acquire the assets of Odyssey Semiconductor Technologies, a developer of vertical gallium-nitride (GaN) transistor technology. The deal, expected to close in July 2024, will bring key Odyssey employees into Power Integrations' technology organization to accelerate the company's PowiGaN roadmap and broaden its high-voltage GaN capabilities.

GTY Technology Acquires Ion Wave Technologies

January 19, 2023

Cloud & SaaS

GTY Technology Holdings Inc. has acquired Ion Wave Technologies to complement GTY's existing eProcurement offerings (Bonfire and DemandStar) and expand into K-12 special education with Ion Wave's SpedTrack product. The deal will combine Ion Wave with GTY's Bonfire business to broaden GTY's public sector SaaS footprint and supplier-buyer network across North America.

QIA Takes Minority Stake in Advanced Integration Technology (AIT)

February 22, 2022

Industrial Services

Qatar Investment Authority (QIA) agreed to acquire a minority interest in Advanced Integration Technology (AIT) through a combination of primary capital and partial share purchases from AIT’s founding management and Onex Partners IV. The transaction creates joint minority ownership between QIA, AIT’s management and Onex and is intended to support AIT’s post-pandemic growth and innovation in aerospace, defense and space launch automation, including urban air mobility.

onsemi Acquires GT Advanced Technologies

November 1, 2021

Manufacturing

onsemi has completed its acquisition of GT Advanced Technologies (GTAT), a U.S.-based producer of silicon carbide (SiC). The acquisition strengthens onsemi's SiC crystal growth and wafer capabilities to secure supply for EV, EV charging and energy infrastructure markets and onsemi plans to invest in GTAT's manufacturing and R&D to scale 150mm and 200mm SiC production.

Fidelity Building Services Acquires AIR Technologies

October 18, 2021

HVAC & Mechanical

Fidelity Building Services (Fidelity BSG), a portfolio company of Oaktree Capital Management, has acquired AIR Technologies, an Oklahoma City–based mechanical/HVAC service provider. The add-on deal (effective October 8, 2021) expands Fidelity BSG's geographic footprint into Oklahoma and enhances its HVAC, sheet metal fabrication, and building-automation capabilities.

Advanced Integration Technology Acquires Nova-Tech Engineering

December 22, 2016

Aerospace & Defense

Advanced Integration Technology (AIT) announced an investment to acquire Nova-Tech Engineering, a Lynnwood, Washington-based designer and integrator of aerospace assembly automation, materials handling and friction-stir welding equipment. Nova-Tech will operate as a distinct business line within AIT, expanding AIT’s aerospace automation capabilities and international footprint; financial terms were not disclosed.