Deal Details
Resonant Receives Investment From Cerberus
Summary
Resonant Sciences (“Resonant” or the “Company”) has received investment from Cerberus Capital Management (“Cerberus”).
Baird served as exclusive financial advisor to Resonant on this transaction.
About
Founded in 2015, Resonant is a premier payload and survivability company that pioneers and delivers advanced technology solutions and hardware to serve the United States defense community. The Company’s three primary business areas include: Advanced Apertures; Modeling, Measurements, and Digital Engineering; and Integrated Electronic Systems. Since its inception, Resonant has grown to over 150 employees and operates in more than 100,000 square feet of engineering and manufacturing facilities in Ohio, Virginia, Michigan, and Colorado. The Company’s team of nationally recognized engineers and subject-matter experts are committed to developing advanced capabilities to serve a customer base of commercial and government organizations spanning land, sea, air, and space domains. Resonant’s vertical integration and dynamic culture allow rapid development from prototype to operational system, which has led to the design, build, test, and production of numerous systems that address the dynamic global threat environment. Resonant is headquartered in Dayton, Ohio.Cerberus’ investment in Resonant illustrates the following buyer priorities in Government & Defense M&A: (1) strategic importance of innovative products and technologies that address National Security needs; (2) highly technical, cleared staff with deep subject matter expertise driving mission outcomes; (3) and continued importance of private equity investing in businesses to scale and meet the growing customer demands. The capital investment from Cerberus’ Supply Chain Strategic Opportunities platform will support the advancement of Resonant’s facilities, capabilities, and robust pipeline of products for next-generation platforms.
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $60 billion in assets under management across complementary credit, private equity, and real estate strategies. Cerberus invests across the capital structure where it believes its integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Its tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for its investors. Cerberus is headquartered in New York, New York.
CONTACT US TO LEARN MORE
- Date
- September 2023
- Company
- Resonant Sciences
- Transaction
- M&A - Sellside
- Sectors
-
Industrial
Technology & Services - Verticals
-
Aerospace & Defense
Defense & Government
- Target Geography
- North America
- Acquiror Geography
- North America
Share