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New Deal


Announced

Completed

Enlightenment Capital-backed Boecore completed the acquisition of Ascension Engineering Group.

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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satellite communications

Satellite

Completed

Acquisition

Majority

Friendly

Domestic

United States

space systems

Private Equity

Single Bidder

Private

Synopsis

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Enlightenment Capital-backed Boecore, an aerospace and defense engineering company, completed the acquisition of Ascension Engineering Group, a provider of space system and satellite communications engineering solutions primarily. Financial terms were not disclosed. “Boecore’s acquisition of AEG comes at a time when there is a critical need for secure and robust satellite communications in space given an increasingly contested and congested environment. We will continue to invest in the platform to drive innovation, expand service and solution offerings that are integral to Boecore’s customers’ missions, and develop and maintain our nation’s most complex, integrated systems that protect national security,” Thomas Young, Enlightenment Capital Vice President.

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