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Announced

Completed

Trive Capital completed the acquisition of Hera Technologies and MSM Industries.

Synopsis

Trive Capital, a private equity firm, completed the acquisition of Hera Technologies, an industry manufacturer and fabricator of CNC Machined Parts, Composites, TPS & Soft Goods for the aerospace community, and MSM Industries, which focuses on signature reduction materials to solve system issues such as radar cross-section, antenna isolation, thermal control, sonar detection and vibration damping performance. Financial terms are not disclosed. "Hera and MSM are two incredible manufacturers of signature-reducing advanced materials that insulate some of the world's most iconic platforms. The consumable nature of these materials created the opportunity for both companies to deeply integrate with their customers via refurbishment services throughout the lives of these reusable rockets, space vehicles, submarines, and more. The addition of Canopy Technologies' extensive engineering team is responsive to customers' requests for more front-end design and engineering services, and we are eager to meet that need to create a faster path from concept to fielded capability," Tanner Cope, Trive Capital Partner.

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