HDT Int'l Buys Airborne Systems

HDT International Holdings, a provider of mobile-military and emergency response solutions, has acquired Airborne Systems Group Ltd., a Pennsauken, N.J.-based maker of parachute systems and related products. No pricing terms were disclosed for the deal, which included leveraged financing from RBC Capital Markets, BMO Capital Markets and GE Antares Capital. HDT is majority-owned by Metalmark Capital.

27 January 2010•3 mins read
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