Tag: aerospace

V2X (VVX) – Another Proposed Stock Sale

Posted on by slightbourne@noblecapitalmarkets.com


Monday, May 19, 2025

V2X builds innovative solutions that integrate physical and digital environments by aligning people, actions, and technology. V2X is embedded in all elements of a critical mission’s lifecycle to enhance readiness, optimize resource management, and boost security. The company provides innovation spanning national security, defense, civilian, and international markets. With a global team of approximately 16,000 professionals, V2X enables mission success by injecting AI and machine learning capabilities to meet today’s toughest challenges across all operational domains.

Joe Gomes, CFA, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.

Hans Baldau, Associate Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Proposed Sale. On Friday, V2X announced AIP, through Vertex Holdco, will sell an additional two million VVX shares on an underwritten basis. The underwriter will have the option to purchase an additional 300,000 shares. V2X is not selling any shares of common stock in the offering, and V2X will not receive any proceeds from the offering by Vertex Aerospace.  The offering is expected to close on or about May 19, 2025, subject to customary closing conditions.

Post Sale Ownership. Following the offering, Vertex Aerospace will continue to beneficially own 12,167,286 shares, or approximately 38.4%, of V2X’s outstanding common stock after giving effect to the offering (or 11,867,286 shares, or approximately 37.4%, if the underwriter fully exercises its option to purchase additional shares).


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Triumph Group Sells for $3 Billion: Private Equity Giants Berkshire Partners and Warburg Pincus Make Strategic Aerospace Bet

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– Triumph Group to be acquired for $3 billion by Warburg Pincus and Berkshire Partners
– Deal offers 123% premium to shareholders
– Transaction expected to close in second half of 2025
– Company will become privately held, focusing on aerospace component innovation

Triumph Group, a leading aerospace components manufacturer, has agreed to be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction valued at approximately $3 billion. The deal, which will take the company private, represents a substantial premium of 123% over Triumph’s unaffected stock price and signals significant confidence in the aerospace industry’s future.

Under the terms of the agreement, Triumph shareholders will receive $26.00 per share in cash, a premium that demonstrates the strong strategic value perceived by the private equity firms. The transaction is expected to close in the second half of 2025, subject to shareholder approval and regulatory clearances.

Dan Crowley, Triumph’s chairman, president, and CEO, highlighted the strategic importance of the deal, noting that it will provide the company with enhanced capabilities to meet evolving customer needs. The transaction comes after years of portfolio optimization and building a world-class team of aerospace engineering professionals.

Warburg Pincus and Berkshire Partners bring extensive experience in the aerospace and defense sectors. Dan Zamlong from Warburg Pincus emphasized the firms’ deep investment history in aerospace platforms, expressing excitement about partnering with Triumph’s global team to capture growing demand for high-quality aerospace components.

The acquisition reflects the ongoing consolidation and strategic repositioning within the aerospace industry. Triumph, founded in 1993 and headquartered in Radnor, Pennsylvania, designs, develops, manufactures, and repairs aerospace and defense systems and components for both original equipment manufacturers and military and commercial aircraft operators.

Blake Gottesman of Berkshire Partners highlighted Triumph’s critical role in the aerospace and defense industry, noting the firm’s history of partnering with market-leading aerospace companies. The transaction is not contingent on financing, underscoring the financial strength of the acquiring partners.

Warburg Pincus brings significant financial muscle to the deal, with over $86 billion in assets under management and a diverse portfolio of over 230 companies. Berkshire Partners, a 100% employee-owned investor, is currently investing from its Fund XI, which closed in 2024 with approximately $7.8 billion in commitments.

The transaction will result in Triumph becoming a privately held company, delisting from the New York Stock Exchange. The company plans to continue its scheduled financial reporting, with third-quarter fiscal 2025 earnings expected to be released by February 10, 2025.

AMETEK Snaps Up UEI to Grow in Aerospace and Defense Testing

Posted on by slightbourne@noblecapitalmarkets.com

Pennsylvania instrumentation company AMETEK (NYSE: AME) is expanding its testing and measurement capabilities with the acquisition of United Electronic Industries.

Massachusetts-based UEI is a leader in data acquisition and control solutions for aerospace, defense, energy and semiconductor sectors. Its products enable customers to build robust systems for simulation, monitoring and automated testing.

AMETEK CEO David Zapico expressed excitement about bringing UEI’s innovative solutions into the company’s Power Systems and Instruments division. He said the $35 million deal broadens AMETEK’s presence in attractive markets that complement existing strengths.

UEI will join AMETEK’s Electronic Instruments Group, known for analytical, calibration and display instruments. The acquisition aligns with AMETEK’s growth strategy of targeting niche segments and making strategic buys.

Headquartered near Philadelphia, AMETEK has annual sales over $6 billion globally. The 90-year-old firm focuses on cash flow and capital deployment to drive double-digit earnings growth.

Take a moment to learn about Kratos Defense & Security Solutions, a company that specializes in satellite communications, missile defense, and hypersonic systems.

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