JOURNAL ARTICLE

Advent Said to Weigh $4 Billion Sale of Naval Defense Asset.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Kirchfeld, Aaron; Gopinath, Swetha 3 of 3

Abstract

The article focuses on Advent International's exploration of a potential sale of its Ultra Maritime business for over £3 billion ($4 billion), amid rising demand for naval defense companies due to global conflicts. Ultra Maritime specializes in anti-submarine warfare technologies, supplying navies in the US, Canada, UK, and Australia. Advent has engaged JPMorgan Chase & Co. and Guggenheim Partners to assist with the possible sale, which could attract both strategic and private equity buyers, though no final decision has been made. This potential transaction occurs as European defense investment increases and maritime security gains prominence amid tensions involving Iran, Russia, and Ukraine. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:192230798
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