Resilience Capital Partners has acquired Systron Donner Inertial, a supplier of quartz microelectromechanical systems (QMEMS) that are used in inertial sensing products in a range of applications from business aircraft to fighter jets to the MARS Rover.
Systron Donner’s QMEMS technologies are used in gyroscopes, accelerometers, inertial measurement units and inertial navigation system/GPS products that provide precise and reliable stabilization, geo-location, guidance, navigation and flight control information for commercial and military aircraft, unmanned autonomous vehicles, land vehicles, precision-guided weapons, industrial and marine platforms.
Systron Donner is headquartered near San Francisco in Concord, CA (www.systron.com).
The future for Systron Donner’s sensing products is promising. The market for inertial navigation systems alone is projected to grow from $9.5 billion in 2017 to $12.3 billion by 2022, a compound annual growth rate of more than 5 percent, according to an analysis by the business forecasting firm Research and Markets (www.researchandmarkets.com).
“Systron Donner is an important player in an industry that is critical to America’s future economic prosperity, leadership in aviation and national security,” said Steven Rosen, co-chief executive officer of Resilience Capital Partners. “Technology and innovation leadership is important for our nation’s future, and Systron Donner has been at the forefront of developing high-performing, made-in-America inertial sensors and systems for more than 50 years.”
“Systron Donner’s proprietary technologies, the increasing size of the inertial sensing market and the company’s long history of relationships with a roster of blue-chip customers make this a company with strong potential,” added Mr. Rosen. “We look forward to working with the Systron Donner team to maximize this opportunity.”
Resilience Capital Partners invests from $10 million to $40 million in middle market companies with $25 million to $250 million in revenues and EBITDA typically under $20 million. Sectors of interest include industrial manufacturing, distribution, business services, aviation & aerospace, minerals & mining, consumer goods, transportation logistics, building products, metals, and capital equipment. The firm was founded in 2001 and is based in Cleveland (www.resiliencecapital.com).
© 2019 Private Equity Professional | March 28, 2019