Announced
Completed
Synopsis
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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