MergerLinks Header Logo

Announced

Completed

TCOM Holdings completed the acquisition of Aerostar from Raven Industrials.

Synopsis

TCOM Holdings, a elevated ISR awareness solutions provider, completed the acquisition of Aerostar, a design, manufacture, integration, and operation of persistent stratospheric platforms and radar systems manufacturer, from Raven Industrials, an American company that manufactures precision agriculture products. Financial terms were not disclosed. "We are excited to welcome Aerostar to our growing portfolio of Aerospace and Defense holdings. Our ability to leverage TCOM's proven elevated awareness solutions using tethered aerostats and Aerostar's sophisticated sensors and stratospheric balloons will more broadly serve our DoD, DHS, and allied military customers," Ron Bendlin, TCOM President and Chief Executive Officer.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US