Announced
Completed
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Engineering Consulting
Completed
Private
Acquisition
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Private Equity
Friendly
engineering services
Single Bidder
United States
Domestic
Synopsis
Greenbriar Equity-backed Arotech, a defense and security company, completed the acquisition of UST-Aldetec, a state-of-the-art design, engineering, manufacturing and services company. Financial terms were not disclosed. “The addition of UST-Aldetec expands our electronics capabilities into both RF and Microelectronic product platforms. This capability will open up a much broader market segment for our growing complex electronics business and allow us to serve a growing need for these types of products within our existing defense, communications, and medical markets,” Matt Bakker, Arotech President of the Advanced Electronics Division.
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