Technology Service Corporation Acquires Praxis Products
November 2, 2021
Technology Service Corporation (TSC), an employee‑owned high-technology engineering company, has acquired Praxis Products, a provider of SIGINT and wireless solutions (FASTRAK) for defense and law enforcement customers. The acquisition expands TSC’s mission-critical hardware and software capabilities for federal and international customers; Chesapeake Corporate Advisors acted as exclusive financial advisor to Praxis Products.
- Buyers
- Technology Service Corporation
- Targets
- Praxis Products, LLC
- Industry
- Aerospace & Defense
- Location
- Maryland, United States
- Transaction Type
- Buyout
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