Announced
Completed
Synopsis
OceanSound Partners, a private equity firm, completed the acquisition of Antenna Research Associates, a provider of integrated radio frequency and advanced communications products to the aerospace and defense end-markets. Financial terms were not disclosed. “ARA’s comprehensive RF solutions portfolio is well positioned to address critical US Department of Defense priorities such as the modernization of legacy technology systems and development of lower-cost and high performance unmanned aerial systems and counter UAS solutions to better manage threats from US adversaries. Since its founding in 1963, ARA has developed a portfolio of over 50 patents used in the delivery of differentiated RF systems and, more recently, innovative products leveraging small form-factor AESA technology to become a leading provider of RF solutions to the A&D market. ARA’s ability to miniaturize their products enables the development of small, low cost, higher-volume platforms such as drones, low earth orbit satellites, man portable communications and other mobile A&D platforms,” Joe Benavides, OceanSound Managing Partner.
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