NEW YORK–(BUSINESS WIRE)–TJC, L.P. (“TJC”) today announced that an affiliate of The Resolute Fund IV, L.P. (“Resolute IV”) has signed a definitive agreement to sell Silvus Technologies, Inc. and its subsidiaries (“Silvus” or the “Company”) to Motorola Solutions, Inc. (NYSE: MSI), a global leader in providing mission-critical communications. The purchase price will be for up to $5.0 billion, comprised of $4.4 billion in cash and up to $600.0 million in earnout payments. The transaction is expected to close in the third quarter of 2025.
Founded in 2004, Silvus develops and manufactures mobile communications datalinks that facilitate data transmission without the need for fixed infrastructure through a proprietary software defined waveform. Silvus’ technology is reshaping traditional broadband wireless connectivity by providing leading data throughput, active wireless interference and anti-jamming mitigation, enhanced non-line-of-sight range, and self-forming networks enabling the transmission of critical video, voice and data communications within a private and secure network. Silvus’ technology is primarily used in government, unmanned systems (air, sea and ground), robotics, law enforcement, and other critical commercial / industrial applications. Silvus’ proprietary technology overcomes traditional network challenges and facilitates data communication in harsh environments, without the need for fixed infrastructure.
“Silvus’ commitment to mission-critical communication infrastructure is crucial in an increasingly complex global landscape,” said Erik Fagan, Partner and Head of Industrial Technology at TJC. “We are pleased to have collaborated closely with Silvus’ management team since our investment in 2019, facilitating significant growth including expanding their workforce from 70 to over 350 employees, strategic acquisitions, and advancements in their waveform, software applications, and hardware form factors. These developments enable Silvus users to communicate effectively in the most challenging environments. We look forward to seeing Silvus continue to grow as part of the Motorola Solutions family.”
Mayer Brown LLP served as legal counsel to TJC on the transaction, and Morgan Stanley & Co. LLC served as financial advisor.
About TJC
TJC LP, formerly known as The Jordan Company, has worked for more than 40 years with CEOs, founders and entrepreneurs across a range of industries including Consumer & Healthcare, Diversified Industrials, Industrial Technology, Logistics & Supply Chain and Technology & Infrastructure. With $32.0 billion of assets under management as of March 31, 2025, TJC is managed by a senior leadership team that has invested together for over 23 years on over 85 investments. TJC has offices in New York, Chicago, Miami and Stamford. For more information, please visit www.tjclp.com.
Contacts
Eli Kapsack
Prosek Partners ekapsack@prosek.com