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New Deal


Announced

Completed

Sagewind-backed Sigma Defense Systems completed the acquisition of Sub U Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Private Equity

United States

Majority

Domestic

computing solutions

connectivity products

Completed

Electronic Components and Equipment

Private

Acquisition

Single Bidder

Synopsis

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Sagewind-backed Sigma Defense Systems, a provider of airborne intelligence, surveillance, and reconnaissance sensor data transport engineering and services, completed the acquisition of Sub U Systems, a manufacturer of deployable tactical edge-of-network route, switch, and computing technology. Financial terms were not disclosed. "The acquisition of Sub U aligns with our vision of autonomously connecting people, systems and data with an integrated hardware and software approach to communications. We are very excited to be able to deliver a platform that will support leading edge solutions such as artificial intelligence and machine learning and analytics at the edge delivering sense, make sense and act capabilities supporting the DoD vision for JADC2. Sub U not only accelerates our vision for the future, but their customers will recognize immediate benefits through our ability to scale and deliver more in the way of engineering resources, manufacturing output and program management," Matt Jones, Sigma Defense CEO.

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