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New Deal


Announced

Completed

Veritas Capital-backed Frontgrade Technologies completed the acquisition of Aethercomm.

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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military systems

radio frequency modules

Majority

Domestic

Private

Friendly

Acquisition

Completed

Single Bidder

United States

Defense

Private Equity

Synopsis

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Veritas Capital-backed Frontgrade Technologies, a provider of high-reliability (hi-rel), radiation-hardened (rad-hard) solutions for defense, intelligence, commercial, and civil applications, completed the acquisition of Aethercomm, a provider of high-power radio frequency (RF) amplifier modules and switches to service a wide variety of military vehicles. “Aethercomm’s RF technologies have an excellent reputation for reliability and are very complementary to Frontgrade’s current portfolio of processing, power, and propulsion solutions. We look forward to integrating Aethercomm’s business capabilities and highly skilled team with Frontgrade, and we anticipate that the end-to-end range of products we now offer will provide significant advantages to our customers,” Mike Elias, Frontgrade President and CEO.

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