Tracked deals
3
3 tracked deals across 2021-2026.
Mawson Lakes, South Australia, Australia
Codan Limited (ASX: CDA) is a global electronics and engineering group developing rugged and reliable hardware, software and embedded systems for communications and sensing use cases, serving military/defence, public safety, humanitarian and other harsh-environment markets.
Tracked deals
3
3 tracked deals across 2021-2026.
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
3 buyout
Last 3 years
Supporting Data
DTC, a Codan company and provider of advanced tactical communications systems, announced the acquisition of Adaptive Dynamics, a U.S. company focused on anti-jamming and interference mitigation for mission-critical communications. The deal is intended to strengthen DTC’s spectrum overmatch and resilience capabilities for defense and security customers in contested electromagnetic environments.
The Codan Group, through its wholly owned subsidiary Codan US Inc., has agreed to acquire 100% of US-based SKT2 LLC dba Kägwerks, a developer of soldier-worn tactical networking communications hardware and software. The deal, funded partly by increased debt capacity and including upfront cash (~$33.6m) plus up-to-5% royalties over five years, positions Codan to expand its tactical communications capabilities and accelerate entry into the US military market.
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.
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