For a PE owned Defense and Space electronics company, Quantum conducted an add-on assessment of a highly engineering focused signals intelligence company.   Quantum was part of the buyer’s team, and managed other consultants as part of this diligence.  We conducted a detailed review of the target’s product development roadmap, compared it with the buyer’s capabilities and roadmap to identify overlaps, leverage areas and synergies.  We also conducted a detailed review of the Engineering function to identify stand alone improvement opportunities and synergies with the buyer.  We also assessed the synergies in manufacturing and supply chain consolidation.

For a PE owned Aerospace and Defense focused microelectronics company, Quantum conducted Operational Due Diligence of an add-on space microelectronics company.  Quantum compared the processes and operating models of buyer and target across functions – Engineering, Manufacturing, Procurement, Supply chain and Go-to-market, and assessed maturity and scalability.  Quantum assessed potential for synergies in manufacturing, procurement and supply chain and  developed an integration approach.  Quantum also assessed in detail, inventory positions of critical components required for product builds, and identified shortages to meet order backlogs.

For a PE Platform investment, Quantum conducted ODD of an engineering-driven mid-market manufacturer of Software Defined Radios and RF Sensing technologies for aerospace, defense and commercial markets.  Quantum assessed the engineering, product development, supplier management, manufacturing, knowledge management, HR and other processes to identify improvement potential, develop risk mitigation and assess scalability.  Quantum estimated the EBITDA improvement potential and investments required for growth and scaling.

For a PE owned microelectronics company, Quantum completed back to back 2 add on assessments, involving 3 manufacturing locations.  The target companies products included highly engineered substrates, dies and packages and hi-reliability products for aerospace, defense, medical and other sectors. In each of these ODDs, Quantum assessed the maturity of processes, opportunities for EBITDA improvements, potential risks and synergies with the  buyer.   Areas assessed included manufacturing efficiencies, quality/yield, productivity, cost management, constrained supply chain and vendor management, equipment maintenance/CapEx, continuous improvement, etc.

For a PE owned semi-conductor processing company, Quantum completed an assessment of a potential add on acquisition of a competitor with 3 manufacturing plants.   Quantum conducted a detailed assessment of each of the processing plants, and developed an integration framework and EBITDA savings estimates from integrating the operations of the 2 companies.

For a PE client considering a platform investment in an electrical component manufacturer with 2 manufacturing locations and a complex global supply chain, Quantum conducted an Operations Due Diligence and supply chain risk assessment.  The site visits were conducted observing strict Covid-19 protocols.  Quantum developed an assessment of manufacturing and operating processes, ability to support growth and risks in the supply chain.

For a PE owned fiber and cable connectivity manufacturing company operating in aerospace and defense verticals, Quantum conducted an operational synergy assessment of an add on acquisition in an adjacent space.  Quantum assessed the operating processes at the target’s manufacturing plant, identified opportunities for EBITDA improvements and developed a post-close operating agenda for the target.

For a PE client focused on aerospace investments, Quantum Strategic Advisors conducted an ODD of a leading high reliability electronics components manufacturer with 5 manufacturing sites in the US. Quantum assessed the potential for EBITDA improvements through operational initiatives including – footprint rationalization, product consolidation, sourcing, productivity improvements and pricing. Quantum also outlined platform investments to support continued acquisitive growth.

For a middle market PE firm, Quantum conducted operational assessments of 3 highly specialized aerospace electronics companies. For each target, Quantum assessed the stand alone improvement opportunities in manufacturing, supply chain, organization and G&A. We also assessed potential synergies in a roll up scenario integrating with other targets under consideration.