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New Deal


Announced

Completed

J.F. Lehman completed the acqusition of Narda-MITEQ from L3Harris.

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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aerospace

United States

drones

design

Friendly

electronics

Defense

Majority

Completed

Single Bidder

Acquisition

Domestic

Private Equity

manufacturing

Private

Synopsis

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J.F. Lehman, a middle-market private equity firm, completed the acqusition of Narda-MITEQ, which develops and manufactures specialized radio frequency (RF) microwave products, from L3Harris, a proven leader in tactical communications, geospatial systems, air traffic management, avionics, and space and intelligence. Financial terms were not disclosed. “Narda-MITEQ has established an exceptional reputation for providing innovative RF and microwave solutions to the most demanding customer specifications,” Glenn Shor, J.F. Lehman Partner.

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