Aronson Capital Partners Advises Wavefront Technologies on its Sale to Ball Aerospace

on Monday, 1 February 2016, Posted in Experience

Aronson Capital Partners is pleased to announce the acquisition of Wavefront Technologies, Inc. (“Wavefront”) by Ball Aerospace & Technologies Corp. (“Ball Aerospace”), a wholly-owned subsidiary of Ball Corporation, with $810 million of sales in 2015.   ACP served as the exclusive financial advisor to Wavefront on this transaction.  Ball Aerospace develops and manufactures spacecraft, advanced instruments and sensors, components, data exploitation systems and RF solutions for national defense, civilian space, and other U.S government and commercial customers.

Founded in 2004, Wavefront provides systems and network engineering, software development and analytical services for cyber and other mission-focused programs to the U.S. government and commercial industry.  Wavefront’s team of more than 100 highly skilled and cleared systems engineers, software engineers and analysts has unique domain expertise that complements Ball’s workforce. The entire Wavefront team will immediately transition to Ball Aerospace as part of the sale.

 “Our collective, deep subject matter expertise provides tremendous synergies across our defense, intelligence and information solutions business areas, as well as significant opportunities to diversify and grow in existing and adjacent markets,” said Rob Strain, president, Ball Aerospace. “It also further expands our presence in the Washington, D.C. metropolitan area.”

ACP believes the recent uptick in acquisitions of niche engineering firms with advanced cyber, intelligence and data analytics solutions by major defense and aerospace contractors is driven by the recognition of the expanding cyber threats to U.S. military, civilian government and private sector information networks and the increased sophistication of terrorists and criminal organizations methods to operate and communicate without detection.