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New Deal


Announced

Completed

AE Industrial completed the acquisition of Adcole Maryland Aerospace from Artemis Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Aerospace

Completed

spacecraft components

small satellites

Private Equity

United States

Friendly

Majority

Acquisition

Private

Single Bidder

Synopsis

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Private equity firm AE Industrial Partners completed the acquisition of Adcole Maryland Aerospace, which specializes in the design, manufacture, integration, test, and operation of spacecraft components and small satellites, from Artemis Capital Partners, a Boston-based private equity firm. Financial terms were not disclosed. “We have been impressed by AMA’s tenure, reputation and respected flight heritage in the space industry, and we are excited to partner with a truly premier supplier to the space industry. AMA and its talented team will represent the first company of AEI’s space platform which will serve the growing demand of space and satellite vehicles from the Department of Defense and new commercial players,” Kirk Konert, AE Industria Partner.

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