Steen Associates acts as financial advisor to Rafael Advanced Defense Systems Ltd on its acquisition of Pearson Engineering & Responsive Engineering.

LONDON | FRIDAY 23 SEPTEMBER 2022
Rafael the defence and security company has acquired Pearson Engineering Limited and Responsive Engineering Limited for an undisclosed sum. Rafael is one of the world’s pre eminent suppliers of defence systems specialising in countering hostile threats from the Air, Land and Sea.

Pearson Engineering and Responsive Engineering manufacture a range of heavy equipment focused on mine clearance and detection as well as defensive products for land systems. They are located in Newcastle upon Tyne in the UK and Rafael is located in Haifa in Israel.

Steen Associates were exclusive advisor to Rafael and conducted a detailed strategic assessment of targets within the EU and UK.

Steen transacted the acquisition for Rafael, negotiating and structuring on Rafael’s behalf.


About Steen Associates

Steen Associates Ltd., founded in 2005 and present in Germany since 2011, acts as trusted adviser for public and private companies operating in the general industries and the aerospace & defence sector. With offices in London and Frankfurt, Steen Associate’s European Advisory’s business designs and executes strategic M&A and financing solutions. It combines the breadth of its advisory offering with industry specific insights to achieve a unique understanding and perspective into markets and participants globally.

Steen Associates London office

Old Sessions House



22 Clerkenwell Green

London EC1R 0NA



United Kingdom

Steen Associates Frankfurt am Main office

Brentanostraße 6

60325 Frankfurt



Germany

Contact Details
Joerg Freimund
Partner

Steen Associates

Frankfurt am Main

Contact

mail@steenassociates.com

+44 20 7405 5040

Jason Steen
Partner

Steen Associates

Frankfurt am Main

Contact

mail@steenassociates.com

+49 69 770 1992 00

Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.

Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.

Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.