Rafael Advanced Defense Systems on its acquisition of Pearson Engineering and Responsive Engineering

Rafael the defence and security company has acquired Pearson Engineering and Responsive Engineering 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.