Chairman And Ceo
London, England, United Kingdom
External Transaction AnnouncementCorporate Finance Closed Deal Houlihan Lokey Advises Cunico Corporation & Dynamic Controls Ltd.Houlihan Lokey is pleased to announce that Cunico Corporation & Dynamic Controls Ltd. have been acquired by BWX Technologies, Inc. (NYSE: BWXT). The transaction closed on April 11, 2022.Cunico Corporation and Dynamic Controls Ltd. (the “Companies”) are critical suppliers of highly-engineered, proprietary valves, manifolds, and fittings for global… Show more External Transaction AnnouncementCorporate Finance Closed Deal Houlihan Lokey Advises Cunico Corporation & Dynamic Controls Ltd.Houlihan Lokey is pleased to announce that Cunico Corporation & Dynamic Controls Ltd. have been acquired by BWX Technologies, Inc. (NYSE: BWXT). The transaction closed on April 11, 2022.Cunico Corporation and Dynamic Controls Ltd. (the “Companies”) are critical suppliers of highly-engineered, proprietary valves, manifolds, and fittings for global naval nuclear and diesel-electric submarines, surface warfare ships and commercial shipping vessels using liquified natural gas (“LNG”). For more than 70 years, the Companies have been a supplier of difficult-to-manufacture and mission-critical products that are engineered and specified into highly complex submarine systems for shipbuilders and militaries worldwide. The Companies boast a global installed base of more than 61,000 proprietary cartridge valves and 87 main sea water systems on every nuclear-powered submarine in the U.S. and U.K. along with other global platforms in France, Netherlands, Spain, and India. In addition to defense applications, the Companies are the sole provider of proprietary cartridge valves and manifolds for gas valve trains on international cargo ships that utilize LNG technology.Headquartered in Lynchburg, Va., BWX Technologies, Inc. is a leading supplier of nuclear components and fuel to the U.S. government.Houlihan Lokey served as the exclusive financial advisor to Cunico Corporation and Dynamic Controls Ltd. Houlihan Lokey’s Aerospace, Defense, & Government (ADG) practice within the global Industrials Group is a leading M&A advisor to aerospace, defense, and government services companies. Since 2020, the team has closed 60 transactions worth ~$12 billion in enterprise value. With a staff of approximately 30 investment bankers in Washington, D.C., London, and Los Angeles. Show less