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New Deal


Announced

Completed

Equistone-backed RENA completed the acquisition of MEI.

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

Single Bidder

United States

Completed

Friendly

Private Equity

Semiconductors

Private

Acquisition

semiconductor manufacturing

Synopsis

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Equistone-backed RENA, a manufacturer of wet chemical surface treatment technology and machinery, completed the acquisition of MEI, a semiconductor and solar manufacturing equipment maker. Financial terms were not disclosed. "With a large number of orders in our backlog, we're happy to join RENA Group, which provides us with a range of opportunities in regard to global market access and synergies in services, R&D, and production. This gives MEI the chance to advance to the next level globally," Ed Jean, MEI CEO.

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