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New Deal


Announced

Completed

ATL Partners-backed LightRidge Solutions completed the acquisition of Trident 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-

Tags

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United States

space electronics

C4ISR solutions

Electronic Components and Equipment

Acquisition

Domestic

Majority

Private Equity

Private

Completed

Friendly

Single Bidder

Synopsis

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ATL Partners-backed LightRidge Solutions, a provider of space and defense mission solutions for the US national security community, completed the acquisition of Trident Systems, a premier provider of high-performance space electronics and C4ISR solutions. Financial terms were not disclosed. "The national security community is looking for industry to develop disruptive technologies that help solve its most pressing challenges. We built LightRidge to be that trusted partner with a national security space and intelligence solutions focus. Trident will help broaden our capabilities across these increasingly critical capabilities. We intend to carry forward Trident’s successful track record of developing unique and differentiated solutions for the national security community, and we are excited to support the amazing team at Trident," Michael Kramer, ATL Partner.

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