Abaco Systems Sold for $1.35 billion

Ametek has agreed to purchase Huntsville-based Abaco Systems for $1.35 billion, the Pennsylvania-based company said in a news release.   A maker of electronics equipment, Ametek will acquire Abaco Systems in an all-cash transaction; it is expected to close in mid-2021. Abaco Systems specializes in open-architecture computing and electronic systems for aerospace, defense, and specialized […]

QOMPLX to Acquire Huntsville-based Sentar

Risk analytics company QOMPLX has entered into an agreement to acquire Sentar, the two companies announced. Sentar is a cyber-intelligence company, applying analytics, operations and systems engineering expertise to protect our national security by innovating, building, and securing mission-critical assets. The Huntsville-based company will continue to be headed by President Darren Kraabel with other key […]

Nashville-based RGI Group Purchases Reed Contracting

One of Huntsville’s top highway/construction contractors has been bought by a Nashville company. Reed Contracting Services has been acquired by Rogers Group Inc., according to a news release from the Nashville company. The purchase includes Reed’s quarry, sand plant, five asphalt plants and all construction assets.  Since its inception in 1987, Reed has grown to […]