ITT Acquires kSARIA from Behrman Capital for $475 Million
August 1, 2024
ITT Inc. agreed to acquire kSARIA, a mission-critical connectivity and cable-assembly manufacturer serving aerospace and defense, from Behrman Capital for approximately $475 million. The deal, announced August 1, 2024 and completed in September 2024, expands ITT's Connect & Control Technologies capabilities by adding engineered fiber-optic and electrical interconnect products and roughly 1,000 employees across six North American sites.
- Buyers
- ITT Inc.
- Targets
- kSARIA
- Sellers
- Behrman Capital
- Industry
- Aerospace & Defense
- Location
- New Hampshire, United States
- Transaction Type
- Buyout
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