Deal History

100+ total transactions representing $2B+ in aggregate value — 22 tracked below spanning 2015–2026 · 4 industries

100+
Total Transactions
4
Industries
2015–2026
Years Active
Aerospace & Defense10
Innovative Signal Analysis acquired by HawkEye 3602026
Acquired by PE: HawkEye 360

Defense signals analysis platform advising on exclusive sell-side transaction with $150M equity and debt financing package.

$150M+ (with $150M equity/debt financing)Sell SideSell Side Advisor
Hoffman Engineering sold to Branford Castle Partners2024
Acquired by PE: Branford Castle Partners

Night vision and imaging systems manufacturer sold to PE-backed platform. Trident Maritime divested the business with PB&W as financial advisor.

$50M-$100M (estimated)Sell SideSell Side Advisor
Thrust Flight recapitalized with Summit Park2024
Acquired by PE: Summit Park

Commercial aviation services firm recapitalized with PE sponsor. Transaction included debt financing from Fidus Capital.

$50M-$100M (estimated)RecapitalizationSell Side Advisor
STS Defence acquired by Cicor2024
Strategic acquirer: Cicor

Defense electronics and systems provider acquired by strategic buyer.

$20M-$50M (estimated)Sell SideSell Side Advisor
SightLine Applications sold to Artemis Capital Partners2023
Acquired by PE: Artemis Capital Partners

Thermal imaging and sighting systems provider sold to aerospace/defense PE firm. PB&W served as investment banking advisor.

$80M-$150M (estimated)Sell SideSell Side Advisor
Xiphos acquired by Epiq Solutions2023
Strategic acquirer: Epiq Solutions

Defense systems and signals processing company acquired by strategic buyer.

$40M-$80M (estimated)Sell SideSell Side Advisor
NuSpace acquired by PCX2023
Strategic acquirer: PCX

Space systems and components manufacturer acquired by strategic buyer.

$30M-$80M (estimated)Sell SideSell Side Advisor
Moog's Northbrook Business Unit acquired by Quickset2022
Strategic acquirer: Quickset

Aerospace systems division of Moog divested through strategic transaction.

$50M-$120M (estimated)Sell SideSell Side Advisor
Renaissance acquired by AEM2022
Strategic acquirer: AEM

Aerospace and defense technology company acquired by strategic buyer.

$30M-$80M (estimated)Sell SideSell Side Advisor
Moog's Navigation Aids Business sold to Thales2022
Strategic acquirer: Thales

Aerospace navigation and guidance systems division of Moog acquired by European aerospace/defense prime.

$100M-$200M (estimated)Sell SideSell Side Advisor
Hardware & Electronics8
Diamond Antenna & Microwave acquires Antenna Associates2025
Strategic acquirer: Diamond Antenna & Microwave Corporation

Strategic acquisition of antenna and RF component manufacturer by Diamond Antenna. Consolidation play in RF/microwave components for defense.

$50M-$100M (estimated)Sell SideSell Side Advisor
Diamond Antenna sold to Artemis Capital Partners2024
Acquired by PE: Artemis Capital Partners

RF and microwave antenna manufacturer sold to aerospace/defense PE firm. Repeat buyer relationship for PB&W.

$40M-$80M (estimated)Sell SideSell Side Advisor
TT Electronics IoT Solutions acquired by Cicor2024
Strategic acquirer: Cicor

IoT and embedded electronics solutions provider acquired by Swiss electronics specialist.

$30M-$60M (estimated)Sell SideSell Side Advisor
Micro-Mode acquired by ITT2023
Strategic acquirer: ITT

Electronics components provider acquired by Fortune 500 industrial conglomerate.

$30M-$70M (estimated)Sell SideSell Side Advisor
Dytran acquired by Spectris2022
Strategic acquirer: Spectris

Sensor and instrumentation manufacturer acquired by strategic buyer.

$40M-$100M (estimated)Sell SideSell Side Advisor
iRF Solutions acquired by Narda-MITEQ2022
Strategic acquirer: Narda-MITEQ

RF and microwave component manufacturer acquired by strategic buyer. PB&W served as financial advisor.

$50M-$120M (estimated)Sell SideSell Side Advisor
Galleon Embedded Computing acquired by Spectra/Vance Street Capital2021
Acquired by PE: Spectra

Embedded computing systems provider acquired by PE-backed platform. Vance Street Capital portfolio company.

$40M-$100M (estimated)Sell SideSell Side Advisor
ASC Signal acquired by Communications & Power Industries2015
Strategic acquirer: Communications & Power Industries

RF and microwave systems company acquired by strategic buyer. PB&W acted as exclusive investment banker.

$50M-$150M (estimated)Sell SideSell Side Advisor
Discrete Manufacturing3
VACCO Industries sold to RBC Bearings2025
Strategic acquirer: RBC Bearings

ESCO Technologies' sale of precision aerospace components manufacturer to strategic acquirer. Net proceeds approximately $275M.

$275MSell SideSell Side Advisor
Blasters acquired by Federal Signal Corporation2022
Strategic acquirer: Federal Signal Corporation

Industrial equipment manufacturer acquired by strategic buyer.

$30M-$70M (estimated)Sell SideSell Side Advisor
Timken ADS acquired by PCX2022
Strategic acquirer: PCX

Precision components manufacturer acquired by strategic buyer.

$40M-$100M (estimated)Sell SideSell Side Advisor
Process Manufacturing1
MAST Technologies sold to Integrated Polymer Solutions2020
Strategic acquirer: Integrated Polymer Solutions

Advanced materials and polymer technology provider acquired by strategic buyer.

$30M-$80M (estimated)Sell SideSell Side Advisor