Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies' space-based precision optics business, part of its Collins Aerospace unit. Got a confidential news tip? Be Nice. Blackstone Inc. is an American alternative investment management company based in New York City.Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. The most important daily headlines from News, Sports, Business, Living, and Opinion. Vuk Valcic | SOPA Images | LightRocket via Getty Images, Revenue impact of Microsoft deal will be seen by 2025, LSEG CEO signals. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds. It was Voyagers second acquisition since it was founded in October 2019 by prominent space angel investor Dylan Taylor. We are proud to bring together their preeminent electro-optical capabilities with AMERGINTs next generation solutions for capturing, processing, transporting and exploiting mission critical data.. Get an email notification whenever someone contributes to the discussion. Don't Threaten. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers. UTC was instructed to sell off the electro-optics unit, while Raytheon Co. was forced to part ways with its military GPS and tactical radio assets, which were ultimately sold to British defense conglomerate BAE Systems in July. The unit, a division of Collins Aerospace, now belongs to Amergint Technologies, a Colorado firm that specializes in communications and data-processing systems for military and commercial satellites. Mumbai, February 14, 2022 - Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone ("Blackstone") have acquired a majority stake in ASK Investment Managers Limited ("ASK"), one of India's largest asset and wealth management companies, from Advent International and other sellers. Voyager, for example, anticipates making roughly four deals per year, said Taylor, CEO and chairman of the holding company he established to make long-term investments in space companies. His coverage can include openings and closings of local businesses, trends in unemployment, details of developments from major companies and utilities, and investigating the impact of state politics and regulations on the private sector. Notifications from this discussion will be disabled. Alven Capital Partners is a venture capital firm based in Paris, France. BEYOND BEGINS HERE Explore how our solutions perform the critical ground functions needed for space systems RF Communications Terrestrial Transport Cloud Computing Telemetry and Commanding Cyber Security Networks Data Acquisition/Control Larry Hill, CEO of AMERGINT Technology Holdings, said: We are thrilled to work with Andreas Nonnenmacher and the team at Danbury. Use the 'Report' link on AMERGINT Technologies on Monday said it has agreed to acquire the space-based optics business of Raytheon Technologies [RTX], adding a new line of capabilities for the company.. Raytheon Technologies has completed the sale of its Danbury-based electro-optics business, a condition of the historic, $120 billion merger that consolidated the former United Technologies Corp. and Raytheon Co. five months ago. GovCon Wire is always on top of the most recent contracting sector activity and is updated in real time as the news breaks. Stratagem. Our modems offer superior link performance for satellite telemetry, command, and payload data. Curtiss-Wright, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide and is based in Davidson, NC. R7 Partners is a venture capital firm based in Chicago, IL. The terms of the transaction were not disclosed. 2023 AMERGINT Technologies, Inc. All Rights Reserved.Privacy | Terms & Conditions for Suppliers |Quality Clauses for SuppliersEIN# 26-3783816. The terms of the transaction were not disclosed. ARKA stands for more than creating better technology. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers next generation solutions to manage the capture, processing, transport and exploitation of vital mission data for communication and data links. These groups all see space as a long-term market, or they see that the rest of the world sees that, said Ian Fichtenbaum, CEO of Bradford Space, part of the American Industrial Acquisition Corp. Theres more interest in jumping in. Terms of the sale, including price, were not made public. Blackstone has since doubled down on Sin City, closing in February 2020 on a $4.6 billion joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay. Tethers develops and produces products based upon space tether technologies and provides in-space services and is based in Bothell, WA. When the deal was first announced in April, AMERGINT said the companys senior management will stay on. While Blackstone is by far the biggest private equity group hunting for profits in ageing low-income housing, it joins a group of niche investment firms that have bought stakes in some of the 3m. Danbury was previously a division of Raytheon Technologies' Collins Aerospace unit. The terms of the transaction were not disclosed. Raytheon completes sale of Danbury business. AMERGINT is a leading provider of software-defined technology for military, intelligence and commercial space. Blackstone is one of the largest property owners in the world, owning and. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group completed the acquisition of AMERGINT Technologies, Inc. on May 18, 2020. We are less concerned about returns 12-24 months out and are more focused on value creation 5+ years in the future.. 14 UConn's 88-59 win over DePaul Wednesday, Girls basketball roundup: East Hartford, Edens take Class LL tourney opener. Terms of the deal were not disclosed. AMERGINT Technologies is an essential and trusted partner in the evolution of the Space and Defense Industries by focusing on mission-critical communication and data paths through the capture, processing, transport and exploitation of vital mission data. Already in 2020, private equity firm AE Industrial Partners acquired Adcole Maryland Aerospace and Deep Space Systems, engineering services and satellite component specialists it combined to form Redwire. AMERGINT is headquartered in Colorado Springs, Colorado. that is degrading to another person. The Blackstone Group is an alternative asset management firm based in New York, NY. Gibson, Dunn & Crutcher LLP served as legal advisor to Made In Space. We do this by using extraordinary people and flexible capital to help companies solve problems. 4/20/2020 AMERGINT Technologies, Inc. agreed to acquire the precision optics business of Collins Aerospace. It's been a busy week for private equity, with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. The terms of the transaction were not disclosed. Similarly, Redwire parent AE Industrial Partners, is looking further into the future. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. Winston & Strawn LLP served as legal advisor to AAR. The transaction values the Chicago-based. Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8 billion, including debt, a bet that rents will continue to rise. On Friday, the company sold its stake in SeaWorld to Zhonghong Group, a Chinese investment firm, for about $449 million. KippsDeSanto & Co. acted as financial advisor for AMERGINT Technologies, Inc. "We continue to be very excited about the prospects for this market, it continues the most international capital market and there is a real opportunity to continue to improve it," Schwimmer said. Blackstone's real estate business was founded in 1991 and has $187 billion of investor capital under management. Raytheon Technologies Corp.s board of directors is taking a pay cut. With 2020 a little more than half over, eight U.S. space companies have been acquired and more deals are in the works. Be Truthful. +1 949 608 0276 Architect Equity is a private equity firm based in El Segundo, CA. Danbury . 6/26/2020 B3Bar Holdings LLC acquired DataWing Global. Enterprise provides systems engineering, information technology, and program management office services and solutions to the U.S. federal government and is based in Vienna, VA. Cognosante provides consulting, technology, and business process outsourcing services to healthcare organizations and is based in Falls Church, VA. 5/28/2020 Leading Technology Composites, Inc. acquired Business Assets and Contracts of ArmorStruxx, LLC. The business is headquartered in Danbury, Connecticut, and will be renamed Danbury Mission Technologies (Danbury). The terms of the transaction were not disclosed. Company: AMERGINT Technologies Inc. Industry: Communications, Equipment & Services Location: Colorado Springs Phone: 719-522-2800 Website: amergint.com Twitter: @amergint Deadline: Monday,. The company has a staff of 150 employees at our primary location in Colorado Springs with offices in Broomfield, Colorado, and Denver, Colorado. 4/15/2020 The AEgis Technologies Group, Inc. acquired EMRC Heli. For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. That does not mean you are not going to make money in space.. Acquired Organization: Fairbanks Morse Defense Fairbanks Morse Defense worldwide leader in engine technology & manufacturing, provides diesel engines and generator sets for marine power. DataWing provides aerial data and aviation operational management services and is based in San Antonio, TX. In the last 3 years, The Blackstone Group has acquired 35 companies. TUI creates space technologies, including software-defined radios for satellite communications and mesh networks, robotic systems for in-space servicing and manufacturing and assembly, and propulsion solutions for orbital maneuvering and orbital debris mitigation. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. 5/7/2020 The Auxiliary Group, LLC, dba TAG Aero, and Unique Airmotive Services announced that they recently completed a dual acquisition and merge facilitated by Mill Hill Capital. "We generate a lot of cash," he told reporters. Be Proactive. We have some ideas for how to play the IPO game, said an investor who asked not to be identified. As of April 30, 2020, the company received $3.1 million in its first tranche from 6 investors. Blackstone has made sizable moves in the rental market with a series of deals in recent months, taking advantage of skyrocketing rents in the multifamily and single-family sectors. accounts, the history behind an article. Aerospace primes also are starting to realize that they need to innovate through acquisition, said Meagan Crawford, managing partner for SpaceFund, a venture capital and private equity firm established in 2019 to back space startups. The company's software is deployed virtually on cloud architectures performing control center data formatting and interface conversion for commands and telemetry, with full support for NSA . The U.S. Department of Justice is requesting access to 11 years worth of records as part of a criminal investigation of Raytheon Technologies Corp. Keep it Clean. London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR s.. Blackstone blocked investor withdrawals from $71 billion REIT in February. The U.S. market alone racked up 11 exits in 2019 compared with eight in 2018. 4/30/2020 Lowden Street Capital acquired Southern Air Custom Interiors, Inc. Terms of the transaction were not disclosed. AMERGINT Technologies Holdings (ATH) has completed the acquisition of Raytheon Technologies electro-optics technology business. RF Communications. In its latest move, the firm's private real estate investment trust is acquiring WPT Industrial. Sign up for free newsletters and get more CNBC delivered to your inbox. Its that fact that is driving our level of acquisition activity right now.. PLEASE TURN OFF YOUR CAPS LOCK. Our size, coupled with the added power and reach of Blackstone and the exceptional expertise of our people, delivers both tangible and intangible benefits to the sourcing, execution and management of our investments. LSEG acquired the data analytics group in January 2021. 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