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Completed
Synopsis
Veritas Capital-backed Frontgrade, a US-based aerospace and defense technology company specializing in electronic components and systems, completed the acquisition of IDSI, a US-based manufacturer specializing in broadband RF and microwave amplifiers for defense applications, from Crescend Technologies, a US-based manufacturer providing communications solutions for public safety, defense, and industrial markets. Financial terms were not disclosed. “The acquisition of Crescend’s Defense Solutions division into Frontgrade represents a significant advancement in our mission to provide our customers with cutting-edge RF solutions. The IDSI team’s expertise in high-power RF amplifiers – chiefly their focus on SWaP-C considerations and embedded intelligence – complements our existing portfolio of RF solid state amplifiers and strengthens our ability to deliver a broader range of reliable, innovative products to the aerospace and defense sectors,” Mitch Stevison, Frontgrade Technologies CEO.
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