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New Deal


Announced

The Strategic Development Fund to invest in Reaction Engines.

Financials

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

Sources

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Tags

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Acquisition

aerospace engineering

Minority

Private

Friendly

United Kingdom

Aerospace

Single Bidder

Pending

Cross Border

Private Equity

Synopsis

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The Strategic Development Fund, an investment management firm, agreed to invest in Reaction Engines, a developer of aerospace engine technology. Financial terms were not disclosed. The technology developed by Reaction Engines has dual use applications and there is potential that sensitive IP could be covertly accessed by hostile actors, leading to military uplift which may present a national security threat to the UK.

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