Canopy Aerospace & Defense Acquires Tods Technology

Madison Dearborn Partners Acquires T2S Solutions

November 29, 2023

Aerospace & Defense

Funds affiliated with Madison Dearborn Partners have acquired T2S Solutions, a founder-owned provider of R&D, prototyping, engineering, integration, and technology products serving the U.S. Department of Defense, the Intelligence Community, and other U.S. government agencies. The T2S founders will retain a significant minority stake and continue to lead the company as MDP provides capital and industry expertise to accelerate R&D, bring products to lead production, and expand mission-focused capabilities.

Coda Octopus Group Acquires Precision Acoustics Limited

November 4, 2024

Manufacturing

Coda Octopus Group, Inc. (Nasdaq: CODA) has completed the acquisition of Precision Acoustics Limited, a Dorchester, United Kingdom-based developer and manufacturer of hydrophones and high-frequency ultrasound measurement equipment. The purchase (cash consideration of $5.16m plus up to $1.29m in contingent payments) brings Precision Acoustics' acoustic expertise and product lines into Coda's underwater and defense technology portfolio to expand capability and address new end markets.

Tetra Tech Acquires Coanda Research & Development Corporation

February 3, 2021

Industrial Services

Tetra Tech, Inc. has acquired Coanda Research & Development Corporation, a Burnaby, British Columbia-based engineering research firm, to expand its advanced analytics and high-end scientific solutions. Coanda brings capabilities in computational fluid dynamics, predictive modeling, analytical chemistry, and lab-scale process scale-up to Tetra Tech’s Commercial/International Services Group; terms were not disclosed.

Codan Limited Acquires Domo Tactical Communications

February 16, 2021

Telecommunications

Codan Limited has agreed to acquire 100% of US-based Domo Tactical Communications (DTC) from a private equity owner. DTC, a specialist in high-bandwidth wireless MIMO mesh networks serving military, intelligence and public safety customers, has around 140 employees and will broaden Codan's tactical communications capabilities and product offering.

Trive Capital Forms Canopy Aerospace & Defense, Combining Hera Technologies and MSM Industries

September 3, 2025

Aerospace & Defense

Trive Capital has launched Canopy Aerospace & Defense, a newly formed advanced materials platform that combines Hera Technologies Inc. and MSM Industries Inc. The Dallas-based private equity firm intends the vertically integrated platform to provide advanced insulative, absorptive and signature-reduction materials plus R&D and refurbishment services to aerospace, space and defense OEMs.

3E Acquires Toxnot

December 12, 2022

Cloud & SaaS

3E, a global provider of EHS&S and product compliance solutions, acquired Toxnot, a SaaS platform for product compliance and supply chain sustainability. The acquisition expands 3E's supply chain transparency and sustainability capabilities by integrating Toxnot's digital product passport and supplier data-sharing technology into its compliance suite.