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Trive-Backed Karman Systems Acquires Systima Technologies, Creating Leader In Space And Hypersonic Market

Sep 24, 2021almost 4 years ago

Acquiring Company

Karman

Acquired Company

Systima Technologies

Messaging And TelecommunicationsGovernment And MilitarySoftwareManufacturingInformation Technology

Description

The senior leadership team of Systima Technologies, Inc. ("Systima") has partnered with Karman Missile & Space Systems ("Karman" or the "Company") backed by Trive Capital ("Trive"), the Dallas-based private equity firm. The addition of Systima represents another acquisition that expands the core competencies, customer base, and platform content in a strategic way to enable Karman to deliver more comprehensive solutions to its customers in the space and hypersonic markets. The leadership team of Systima will continue as equity holders and senior leaders of Karman. The acquisition of Systima represents the fifth transaction Trive has completed in the last 12 months in building the Karman platform, a purpose-built strategy dedicated to space and hypersonic system infrastructure.

Company Information

Company

Karman

About

Karman Missile & Space Systems (www.karmanmss.com) is one of the largest independently owned suppliers of mission critical flight hardware and complex sub-assemblies to the space, missile, and hypersonic markets. The Company provides design & engineering, precision machining, large part forming, high temperature and structural composite material processing, and sub-assembly services, while actively adding new capabilities in collaboration with customers.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed