Qualis and InTrack Radar Technologies and Tektonux Announce Merger to Form Missile Defense and Space Domain Awareness Platform

QuantiTech Merges with Millennium Engineering and Integration Company

February 10, 2021

Aerospace & Defense

QuantiTech LLC, a portfolio company of Sagewind Capital LLC, has merged with Millennium Engineering and Integration Company (MEI) to form a combined engineering services leader serving U.S. defense and civilian agencies. The combined company will strengthen systems engineering and integration capabilities across space, missile defense, cyber, intelligence and aviation; financial terms were not disclosed.

Bluestone Investment Partners Makes Strategic Investment in Qualis Corporation

August 23, 2024

Aerospace & Defense

Bluestone Investment Partners has completed a strategic growth investment in Qualis Corporation through its SBICCT-licensed fund, BIP III SBIC LP. The capital will support Qualis — a Huntsville-based missile defense and space systems technology company — to accelerate technology development, organic growth and potential acquisitions while management remains in place.

Fusion92 Acquires TRAK Data

November 16, 2023

Data & Analytics

Marketing transformation firm Fusion92 has acquired TRAK Data, a Toronto-founded AI-driven SaaS data modeling platform that creates predictive audience lists for marketers. The TRAK team will join Fusion92's Data & Analytics department and the platform will be integrated into Fusion92's product suite to expand its data-science and audience-targeting capabilities.

Altaris Combines Kindeva Drug Delivery and Meridian Medical Technologies

December 13, 2022

Medical Devices

Altaris has completed the combination of its portfolio companies Kindeva Drug Delivery and Meridian Medical Technologies into a single, global drug‑device CDMO that will operate under the Kindeva name. The combined company expands capabilities across parenteral, inhalation, transdermal and intradermal delivery formats; Milton Boyer (formerly Meridian CEO) will lead the combined business.

BlueHalo Acquires Eqlipse Technologies

February 13, 2024

Aerospace & Defense

BlueHalo will acquire Eqlipse Technologies, combining two Arlington Capital Partners portfolio companies to create a larger defense technology platform. The combined company will be headquartered in Arlington, Virginia, employ nearly 2,400 people across 11 states, approach $1 billion in annual revenue, and expand BlueHalo's capabilities in electronic warfare, cyber, SIGINT/OSINT, and advanced R&D; the deal is expected to close in Q1 2024.

Teledyne Acquires Select Aerospace and Defense Electronics Businesses from Excelitas

February 3, 2025

Aerospace & Defense

Teledyne Technologies agreed to acquire select aerospace and defense electronics businesses from Excelitas Technologies for approximately $710 million in cash. The deal includes Excelitas’ Optical Systems (Qioptiq) business in Northern Wales, UK and its U.S.-based Advanced Electronic Systems (AES) business, which will be integrated into Teledyne’s Aerospace and Defense Electronics segment.