Announced
Completed
Synopsis
The Jordan Company, a US-based private equity firm, completed the acquisition of Innoflight, a provider of software-defined compact/ground radios, cryptographic and cyber secure systems and processing, networking and data storage avionics. Financial terms were not disclosed. "Innoflight has a strong culture of innovation demonstrated by its state-of-the-art product offering. Innoflight’s product roadmap includes technologies well aligned with the national security space direction. TJC sees in Innoflight several discriminators against its competition including unique and diverse technologies combined with unparalleled agility. TJC looks forward to supporting the continuing company growth by leveraging TJC’s resources and support services," Erik Fagan, The Jordan Company Partner.
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