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New Deal


Announced

Completed

Arlington Capital Partners completed the acquisition of the Electron Devices and Narda Microwave-West divisions of L3Harris Technologies.

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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Acquisition

Private

Majority

Single Bidder

Defense

Domestic

Friendly

RF amplification products

United States

Private Equity

Completed

Synopsis

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Arlington Capital Partners, a private equity firm, completed the acquisition of the Electron Devices and Narda Microwave-West divisions of L3Harris Technologies, an American technology company, defense contractor and information technology services provider. Financial terms were not disclosed. Stellant is our latest platform enterprise in the space and defense markets and continues our tradition of investing behind industry leaders. Stellant is well-positioned now as a standalone entity for continued growth which we would seek to accelerate through further organic and inorganic investments into the Company. We are pleased to have completed this transaction in partnership with Paul and his team and are excited to build a leader in the defense electronics market,” Peter Manos, Arlington Managing Partner.

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