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Behrman Capital: Defense Investment History

16 defense buys: 2 by the firm and 14 add-ons by companies it backs. It sold 2 businesses in that time.

Behrman Capital and the companies it backs made the most defense buys in 2023: 4

Buys by the firm and add-ons by companies it backs, by year announced.

Bought by the firmAdd-ons by companies it backs
2020 0 + 22
2021 0 + 22
2022 1 + 23
2023 0 + 44
2024 0 + 11
2025 0 + 22
2026 1 + 12

Source: company, investor and government releases and SEC filings.

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Bought by the firm 2

Apr 202622

Behrman Capital buys Metallizing Service

Provider of highly engineered thermal spray coatings and finishing services for military, commercial aerospace, and industrial gas turbine applications

propulsioncomponents and materialsSource
UndisclosedClosed
Aug 202217

Behrman Capital buys George Industries

Designer and manufacturer of highly engineered components, including thermal management products for electronic systems

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed

Add-ons by companies it backs 14

Jul 202627

Micross Components agrees to buy AEMtec

Seller: Capiton · Backed by Behrman Capital

Provider of complex micro- and optoelectronic modules, advanced packaging, test and assembly services for high-reliability applications, headquartered in Berlin, Germany

C4ISR and electronicscomponents and materialsSource
UndisclosedPending
Feb 202503

Thermal Group buys ACT Aerospace

Backed by Behrman Capital

Manufacturer of advanced composite structures for the aerospace and defense industry, headquartered in Gunnison, Utah

aerostructurescomponents and materialsSource
UndisclosedClosed
Jan 202516

Micross Components buys Integra Technologies

Backed by Behrman Capital

Outsourced semiconductor assembly and test (OSAT) post-processing provider focused on high-reliability applications, headquartered in Wichita, Kansas

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed Jan 16, 2025
Feb 202426

kSARIA buys Charles E. Gillman

Backed by Behrman Capital

ISO9100-registered manufacturer of high-reliability electrical cables and harnesses for military ground vehicles and other ruggedized applications

land systemsC4ISR and electronicscomponents and materialsSource
UndisclosedClosed
May 202302

Micross Components buys TechnoGraph

Backed by Behrman Capital

Provider of hybrid integrated circuits, RF and microwave products, optoelectronics and PCB assembly, located in Portsmouth, UK

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed
Jan 202310

Infineon Technologies AG sells High-Reliability DC-DC converter business of Infineon to Micross Components

Buyer: Micross Components · Backed by Behrman Capital

High-reliability DC-DC converters, including hybrid and custom board based power products, headquartered in San Jose, California

spaceC4ISR and electronicscomponents and materialsSource
UndisclosedClosed Feb 28, 2023
Jan 202304

George Industries merges with Alexander Machine & Tool

Backed by Behrman Capital

Provider of complex engineered solutions for mission-critical defense applications, specializing in thermal management solutions

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed Dec 2022
Jan 202304

Micross Components buys KCB Solutions

Seller: Artemis Capital Partners · Backed by Behrman Capital

Provider of RF and microwave products, based in Shirley, Massachusetts

C4ISR and electronicscomponents and materialsspaceSource
UndisclosedClosed Jan 25, 2023
May 202217

Micross Components buys PAAL Technologies

Backed by Behrman Capital

Provider of MIL-STD-1553 Data Bus Couplers, Harnesses and RF/Wideband Transformers

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed
May 202203

Semtech sells High-Reliability Discrete Diodes and Assemblies business of Semtech to Micross Components

Buyer: Micross Components · Backed by Behrman Capital

Semiconductor solutions including QPL and non-QPL diodes, rectifiers and transient voltage suppression products, headquartered in Reynosa, Mexico

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed
Jul 202107

Micross Components buys Ultra CEMS microelectronics business

Seller: Ultra CEMS · Backed by Behrman Capital

Provider of high reliability hybrid electronics, based in Portchester, England

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed
Jul 202101

Micross Components buys Semi Dice

Backed by Behrman Capital

Global provider of high-reliability die and wafer products and value-added services

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed
Aug 202026

kSARIA buys Compulink Cable Assemblies

Backed by Behrman Capital

AS9100-registered manufacturer of high-reliability cables and harnesses for commercial and military applications

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed
Feb 202006

Corfin Industries merges with Micross Components

Backed by Behrman Capital

Provider of mission-critical microelectronic components and services for high-reliability markets

C4ISR and electronicscomponents and materialsSource
UndisclosedClosed

Sold 2

Aug 202401

ITT buys kSARIA

Seller: Behrman Capital

Producer and supplier of mission-critical connectivity solutions for the defense and aerospace end markets

C4ISR and electronicscomponents and materialsSource
$475 millionClosed Sep 12, 2024
Jan 2020 

New Mountain Capital buys ILC Dover

Seller: Behrman Capital

An engineered solutions provider of mission-critical applications to the pharmaceutical, biopharmaceutical, food and beverage, and aerospace and defense industries.

components and materialsspaceSource
UndisclosedClosed

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