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Autoridade da Concorrência

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Merger control
Case reference
Ccent/2026/60 - OSP Wolverine / IMSAR
Acquired
IMSAR, LLC
Description
IMSAR is a U.S.-based company, headquartered in Springville, Utah, specializing in the design, engineering, manufacturing, and comprehensive support of low-size, weight, and power ("low-SWaP") synthetic aperture radar (SAR) airborne systems for unmanned aircraft systems ("UAS") and manned aircraft, providing intelligence, surveillance, and reconnaissance ("ISR") data for maritime and land applications. IMSAR's SAR systems offer imaging, monitoring, and search capabilities in all weather conditions, both day and night.
Acquiring
OSP Wolverine Purchaser, LLC
Description
It is a vehicle company controlled exclusively by the OSP group, a New York-based private equity firm that invests in technology and technology services companies operating in the government and business sectors.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
Status
Ongoing
Type of Investigation
AdC’s decision
Case description

The merger operation consists of the acquisition, by OSP Wolverine Purchaser, LLC ("OSP Wolverine"), a special purpose vehicle integrated into the Ocean Sound Partners group ("OSP"), of exclusive control over IMSAR, LLC ("IMSAR"), through the acquisition of all of IMSAR's issued share capital, becoming a wholly owned subsidiary of OSP Wolverine and, indirectly, of OSP Wolverine Holdings, LP.
Timeline
2026-08-07
OSP Wolverine notifies acquisition of sole control over IMSAR
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