HDT Global this month said it has acquired expeditionary equipment maker DHS Technologies, LLC, adding to its capabilities for supplying a range of solutions to expeditionary forces.
Terms of the deal were not disclosed.
Ohio-based HDT makes military tent shelters, command and control system packages, energy systems and power generators, CBRN filters, and advanced robotic systems. DHS, which is based in New York, makes the DRASH line of deployable shelter systems and related products.
HDT is a portfolio company of the private equity firm Charlesbank Capital Partners. DHS Technologies was part of the investment firm Kanders & Co. Kanders & Co. will remain a minority shareholder in the combined company.
“This transaction enhances our ability to provide state-of-the-art expeditionary solutions with components that are designed to work as an efficient system throughout the lifecycle, from development through sustainment,” Andy Hove, president and CEO of HDT Global, said in a statement.
Houlihan Lokey served as the financial adviser to HDT and Charlesbank on the acquisition.