
Congratulations to Procopio client StratEdge Corporation on its acquisition by Arxis, Inc. (Nasdaq: ARXS), a manufacturer of specialized electronic and mechanical components serving aerospace and defense, medical technology and industrial markets. The acquisition expands Arxis’ capabilities in defense and space applications.
Based in Poway, California, StratEdge manufactures specialized ceramic packages used to protect and connect sensitive electronic components in demanding environments. Its products support high-frequency and high-power semiconductor devices used primarily in defense and space applications. StratEdge will become part of Arxis’ Electronic Components Segment.
Procopio advised StratEdge in the acquisition. The Procopio team was led by Partner and M&A practice co-leader Paul Johnson, assisted by Partners Jessica Lazur and John Miles and Associate Gabriela Turner.
Arxis announced the StratEdge acquisition alongside its acquisition of Schatz Bearing Corporation, a manufacturer of specialized bearings for commercial aerospace, defense and space applications. The two businesses are expected to generate more than $40 million in combined revenue in Arxis’ 2027 fiscal year.
Learn more in the press release.
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