Honeywell to Acquire CAES Systems Holdings from Advent International for $1.9 Billion
June 23, 2024
Honeywell agreed to acquire CAES Systems Holdings LLC (CAES) from Advent International in an approximately $1.9 billion all-cash transaction. The acquisition is intended to expand Honeywell’s defense technology capabilities across land, sea, air, and space—particularly in radio-frequency (RF) signal management, radar, and sensing technologies—using CAES’s scalable RF offerings and production base.
- Buyers
- Honeywell
- Targets
- CAES Systems Holdings LLC (CAES)
- Sellers
- Advent International
- Industry
- Aerospace & Defense
- Location
- Virginia, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Advent Agrees to Acquire Coherent Aerospace and Defense Business
August 18, 2025
Aerospace & Defense
Coherent has agreed to sell its Aerospace and Defense business to Advent for $400 million. The proceeds are intended to reduce Coherent’s debt and improve earnings per share, while Advent plans to support the business’s strategic growth as a standalone entity.
-
Honeywell to Acquire Civitanavi for €200 Million to Expand Aerospace Navigation for Autonomous Operations
March 28, 2024
Aerospace & Defense
Honeywell announced it has agreed to buy Civitanavi for €200 million in a deal based on a €6.30 per-share bid. The acquisition will combine Civitanavi’s inertial technologies and sensors with Honeywell’s aerospace navigation and automation platforms to broaden aerospace navigation solutions and expand offerings in the European Union. The transaction is expected to close in the third quarter of 2024, subject to customary closing conditions.
-
Cadence Design Systems to Acquire BETA CAE Systems for About $1.24 Billion
March 6, 2024
Software
Cadence Design Systems has entered into a definitive agreement to acquire BETA CAE Systems International AG for approximately $1.24 billion. The deal combines cash and Cadence stock and is expected to close in Q2 2024, subject to regulatory approvals and customary closing conditions.
-
CAES Acquires Colorado Engineering, Inc.
October 1, 2021
Aerospace & Defense
CAES has acquired Colorado Engineering, Inc. (CEI), a Colorado Springs-based provider of RF and high-performance computing (HPC) solutions, to broaden CAES' digital systems engineering and manufacturing capabilities. The acquisition combines CAES' RF, microwave and manufacturing expertise with CEI's digital systems, radar, communications and AI/ML capabilities to better serve defense and commercial customers.
-
Honeywell Acquires Sparta Systems for $1.3 Billion
December 22, 2020
Software
Honeywell has agreed to acquire Sparta Systems from New Mountain Capital for $1.3 billion in an all-cash transaction. Sparta Systems is a provider of enterprise quality management software (QMS) and a next-generation SaaS platform for the life sciences industry; Honeywell will integrate Sparta into Honeywell Forge to expand its life sciences and software capabilities.
-
Mercury Systems Acquires Creative Electronic Systems (CES)
November 3, 2016
Aerospace & Defense
Mercury Systems agreed to acquire CES Creative Electronic Systems, S.A., a Geneva-based provider of safety-certifiable mission computing and avionics subsystems, for approximately $38 million. The deal (expected to close in Mercury's fiscal Q2 ending Dec. 31, 2016) expands Mercury's mission-computing and safety-critical avionics capabilities and broadens its addressable markets in commercial aerospace and defense globally.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.