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Announced

Maven Capital Partners led Series A round in Horizon Technologies.

Financials

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Transaction Value-
Consideration TypeCash
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Friendly

anti-terrorism

United Kingdom

Venture Capital

Single Bidder

defense equipment

Acquisition

Domestic

intelligence gathering

counter-surveillance

Completed

Aerospace

Minority

Private Equity

Private

Synopsis

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Maven Capital Partners, a private equity firm, led Series A round in Horizon Technologies, an airborne signals intelligence systems manufacturer. Virgin Money also participated in the funding round. Financial terms were not disclosed. “This capital funding will build off of the tremendous support provided to us by the UK Government/Innovate UK, and enable us to leverage off the launch of Amber-1 later this year and launch additional satellites in 2022. This will put us on the path to eventually deliver a near real-time non-cooperative maritime domain awareness intelligence and analysis service to our customers," John Beckner, Horizon Technologies CEO.

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