Networks Electronic Company has been acquired by ESCO Technologies
November 2021 — The shareholders of Networks Electronic Company, LLC (NEco) have sold the company to ESCO Technologies Inc. (NYSE: ESE).
NEco provides miniature electro-explosive components and subsystems supporting mission, flight, and life-critical applications to the aerospace and defense end-markets. Its products are used in aircraft and missiles to perform a variety of functions, including aircrew escape, stores release, fire suppression and device ignition and detonation. NEco is based in Chatsworth, California.
Headquartered in St. Louis, Missouri, ESCO manufactures highly engineered filtration and fluid control products for the aviation, Navy, space and process markets worldwide, as well as composite-based products and solutions for Navy, defense and industrial customers. ESCO is the industry leader in RF shielding and EMC test products, and provides diagnostic instruments, software and services for the benefit of industrial power users and the electric utility and renewable energy industries.
Our role in the transaction
Oaklins’ team in Irvine, California, acted as lead advisor to the seller and the management of NEco in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers and assisted them until closing.
Contáctese con el equipo de la transacción
Stephen Perry
Oaklins Janes Capital
Transacciones relacionadas
Accuracy International has been acquired by FN Browning Group
Accuracy International, a global specialist in precision bolt-action rifle systems, has been acquired by FN Browning Group. This strategic combination brings together two highly complementary businesses, strengthening FN Browning Group’s position across both its defense and security and hunting and sports shooting divisions, while contributing to the UK’s sovereign industrial capabilities in small arms.
Aprenda másKarob Instrument has been acquired by the stakeholders of EMT Metals
Karob Instrument, Inc. has been acquired by an investment group led by Mark Izzo, CEO of EMT Metals, bringing Karob and EMT under common ownership. This partnership advances EMT’s strategy to expand its integrated manufacturing platform to support leading aerospace and defense (A&D) and technology original equipment manufacturers (OEMs) at the scale and pace they demand
Aprenda másHEICO Corporation has acquired a majority stake in Cook Defence Systems
William Cook Holdings Limited has received a major investment in Cook Defence Systems from HEICO Corporation, a US-listed aerospace and defense company. The newly formed company, HEICO Cook Defence Limited, will be owned 80% by HEICO and 20% by William Cook Holdings.
Aprenda más