MITEQ

Has sold its business to

L3 Communications

MITEQ, Inc., a privately-held technology company, sought to explore various strategic alternatives to maximize shareholder value – including the possible sale of the business.  MITEQ, and its wholly-owned subsidiary MCL, Inc., designs, develops and manufactures high-performance, specialized RF microwave components and equipment and solid-state SATCOM components for the defense and satellite communication industries.  MITEQ pursued a competitive auction for its business to a targeted group of buyers which resulted in the sale of its MCL subsidiary to Communications & Power Industries (a portfolio company of Veritas Capital) and its remaining businesses to L3 Communications, a multi-billion dollar New York Stock Exchange listed company which operates as a prime contractor in (i) intelligence, surveillance, and reconnaissance systems; (ii) platform and logistics solutions for aircraft, maritime vessels, and (iii) ground vehicles; and national security solutions.

Contact Us for More Information

Would you like to learn more about working with Outcome Capital or discuss your specific needs?

Contact Us

  • New York

    555 Fifth Ave.
    19th Floor
    New York, NY 10017
    (212) 350-8213

  • Boston

    99 High St.
    Suite 2900
    Boston, MA 02110
    (617) 431-4886

  • Washington DC

    11921 Freedom Dr.
    Suite 730
    Reston, VA 20190
    (617) 431-4886

  • London

    78 Pall Mall
    London, SW1Y 5ES
    UK
    +44 207 873 2116