Tracked deals
3
3 tracked deals across 2019-2024.
Toronto, Ontario, Canada
Formerly known as Circuit World, Circuit World Corporation, FTG
Global aerospace and defense electronics corporation providing design, development, prototypes and manufacturing solutions for electronic products and subsystems, including high-reliability printed circuit boards and aerospace cockpit/avionics switch panels and related illuminated assemblies, with product life-cycle support.
Tracked deals
3
3 tracked deals across 2019-2024.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout
Last 3 years
Supporting Data
Firan Technology Group Corporation (FTG) has acquired all of the issued and outstanding shares of FLYHT Aerospace Solutions Ltd. under a court-approved plan of arrangement, with closing announced December 20, 2024. The deal, which used a mix of cash and FTG shares as consideration (subject to pro-ration and caps), expands FTG's presence in the commercial aerospace aftermarket and adds FLYHT's SATCOM hardware and data/analytics capabilities to FTG's portfolio.
Firan Technology Group Corporation (FTG) completed the acquisitions of Minnesota-based Holaday Circuits and Haverhill, Massachusetts-based IMI, Inc., acquiring 100% of both businesses after receiving CFIUS approval. The deals expand FTG's U.S. manufacturing footprint and RF circuit board capabilities for the aerospace and defense markets; combined pre-pandemic sales were about $45M and combined purchase consideration was approximately $27M (Holaday includes an earn-out of up to $6M).
Firan Technology Group Corporation (FTG) has completed the acquisition of 100% of the shares of Virginia-based printed circuit board manufacturer Colonial Circuits, Inc. FTG paid approximately $4M CAD in cash (subject to adjustments); Colonial reported annual sales of CAD 7–9M and the transaction received CFIUS approval to add U.S. manufacturing capacity for FTG's aerospace and defense customers.
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