Cubic Corporation Acquires GRIDSMART Technologies

Gladstone Investment Corporation Acquires Global GRAB Technologies

July 18, 2025

Aerospace & Defense

Gladstone Investment Corporation has acquired Global GRAB Technologies in a $67.6 million transaction comprised of equity and senior secured debt. Global GRAB, based in Franklin, Tennessee, specializes in perimeter security and hostile vehicle mitigation systems for government and commercial clients; Gladstone said the investment will support the company's growth, product portfolio expansion, and ability to protect critical infrastructure.

Qualus Corporation Acquires GridBright

October 9, 2023

Energy

Qualus Corporation, a portfolio company of New Mountain Capital, has acquired GridBright, a Silicon Valley–area technology solutions firm specializing in grid integration software, systems integration, and advisory services. The deal (terms not disclosed) expands Qualus’ capabilities in grid modernization, resiliency, security, and renewable interconnection services; AEC Advisors advised Qualus and Capstone Partners advised GridBright.

Loadsmart Acquires NavTrac

October 2, 2023

Logistics & Distribution

Loadsmart has acquired NavTrac, a computer-vision startup that provides AI/OCR-based yard, terminal and asset management solutions. The acquisition integrates NavTrac's camera-based inventory tracking and SmartGate compliance tools into Loadsmart's dock, yard and transportation platform to expand capabilities for warehouses, intermodal yards and asset-based carriers.

Axion BioSystems Acquires CytoSMART Technologies

March 21, 2022

Medical Devices

Axion BioSystems has acquired Netherlands-based CytoSMART Technologies, a developer of kinetic live-cell imaging systems and AI-powered image analysis tools. The acquisition expands Axion's product portfolio and capabilities in live-cell imaging to support research in stem cell biology, immuno-oncology, cell-based therapies, and drug discovery.

Atlas Technical Consultants Acquires TranSmart Technologies, Inc.

March 11, 2022

Engineering Services

Atlas Technical Consultants has acquired TranSmart Technologies, Inc., a Chicago-headquartered transportation engineering and consulting firm. The deal, facilitated by sell-side advisor Woodbridge International, will expand Atlas’s ITS, traffic and transportation engineering capabilities and extend TranSmart’s services into larger projects and new U.S. markets.

Brookfield Renewable Acquires Urban Grid for $650M

January 26, 2022

Renewable Energy

Brookfield Renewable acquired clean power developer Urban Grid and its pipeline of approximately 20,000 MW (13,000 MW solar and 7,000 MW storage) across 12 U.S. states for $650 million. The deal roughly triples Brookfield Renewable's U.S. development pipeline and Urban Grid will continue to operate under its brand as an independent power producer (IPP).