Ultra Electronics Holdings plc

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Ultra Electronics Holdings plc - overview

Established

1920

Location

London, -, UK

Primary Industry

Electronics

About

Based in London, UK, and founded in 1920, Ultra Electronics Holdings plc is an application-engineered bespoke solutions provider used for mission-critical situations. The company was founded by Teddy Rosen as Edward E. Rosen & Co. and initially operated as a small electronics factory in West London, UK, manufacturing headphones.


Over the years, the company designed and produced equipment military and defense equipment including tails and bomb doors for the Short Stirling aircraft, the CD-12 quick deployment radio, and sonobuoys. The group completed its IPO on the London Stock Exchange in October 1996, placing GBP 2. 5 per share. As of July 2021, the company is headed by Simon Pryce as its CEO.


Ultra Electronics Holdings plc provides application-engineered solutions and operates mainly as a tier 3 and occasionally a tier 2 systems provider, in the maritime, electronic warfare, intelligence and surveillance, military and aerospace, nuclear, and industrial sensors markets, primarily serving the USA, the UK, Australia, and New Zealand. The company’s offerings range from sonar, radar, and acoustic systems, to cyber security and electronic warfare solutions, and forensic analysis solutions. In July 2021, Ultra Electronics Holdings plc agreed to be acquired by aerospace manufacturing company Cobham Limited for GBP 2. 58 billion in 2022.


Current Investors

Cobham Limited

Primary Industry

Electronics

Sub Industries

Engineering, Aerospace, Automobiles, Other Vehicles & Parts, Defence, Electronic Components

Website

www.ultra.group/cems/

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Ultra Electronics Holdings plc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedUltra PCS-
Trade SaleCompletedUltra Maritime's Signature Management & Power Business-
Add-on, Trade SaleCompletedUltra Electronics Forensic Technology, Inc.-
Add-on, Public to PrivateCompletedUltra Electronics Holdings plc-
Add-onCompletedUltra Electronics CEMS' Microelectronics Business Assets-

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