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Announced

Completed

Aterian-backed Vander-Bend completed the acquisition of JL Haley.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Completed

Private

Acquisition

industrial machinery

Friendly

Private Equity

Machinery: Industrial

United States

Synopsis

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Aterian-backed Vander-Bend, which manufactures and services industrial equipment. completed its acquisition of JL Haley, which provides machine shop services. Financial terms were not disclosed. The acquisition of Haley by Vander-Bend is highly strategic and represents a continuation of Aterian's growth and operational transformation initiatives. "This transaction allows the legacy of JL Haley to continue with a company that shares a similar culture and vision for the future. We are deeply appreciative of all of the support from our employees, customers, and vendors as we transition into this next phase," Steve, Julie, and Meghan Haley, the founding family of JL Haley.

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