Advent International

Company

Last mentioned: Mar 23, 2026

Timeline

  1. Expected Completion

    Anticipated closing of the deal following NSI Act reviews and regulatory hurdles.

  2. Expected Completion

    Anticipated closing of the deal following UK regulatory and national security reviews.

  3. Regulatory Review

    Expected window for the UK government to review the deal under national security protocols.

  4. Airbus Deal Announced

    Airbus confirms an agreement to purchase the Ultra Cyber division to bolster its defense portfolio.

  5. Airbus Deal Announced

    Airbus officially announces the agreement to purchase the UK Ultra Cyber division.

  6. Acquisition Announcement

    Airbus announces a definitive agreement to acquire the Ultra Cyber business unit.

  7. Strategic Realignment

    Ultra's divisions are reviewed for potential divestment or integration under private equity ownership.

  8. Advent Acquisition

    US private equity firm Advent International completes the £2.6B takeover of Ultra Electronics.

  9. Ultra Electronics Acquisition

    Advent International (Cobham) completes the £2.57B acquisition of Ultra Electronics.

  10. Ultra Electronics Take-Private

    Advent International completes the £2.6bn acquisition of Ultra Electronics.

Stories mentioning Advent International 3

acquisition Neutral

Airbus to Acquire UK's Ultra Cyber in Strategic Defense Expansion

Airbus has entered into a definitive agreement to acquire UK-based Ultra Cyber, a specialist in high-grade encryption and secure communications. The move significantly bolsters Airbus's defense portfolio and provides a strategic exit for private equity interests following the 2022 take-private of Ultra Electronics.

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