M&A · Industrials · Buyer's industry: Aircraft
AeroVironment Inc to acquire Progeny Systems Corporation's Intelligent Systems Group
Announced Feb 24, 2021 · Closed Feb 24, 2021 · Private target
Deal value$30M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash
Transaction
- Acquirer
- AeroVironment Inc (AVAV)
- Target
- Progeny Systems Corporation's Intelligent Systems Group
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Feb 24, 2021
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Industrials
- Buyer's industry
- Aircraft