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Synopsis
Private equity firm L Squared Capital Partners completed its acquisition of Space Electronics, a provider of mass properties and electronic testing solutions. Financial terms were not disclosed. “The Space Electronics team has built deep customer relationships by providing world-class precision measurement solutions used in mission-critical applications across the Aerospace & Defense sector. L Squared’s long term capital base and execution of our M&A strategy will allow Raptor Scientific to assemble a growing portfolio of precision testing and measurement products and solutions that will add more value to the Company’s customer base over time.” Sean Barrette, L Squared Partner.
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