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New Deal


Announced

IMG to acquire Altair Technologies.

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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industrial machinery

Friendly

Private Equity

United States

Machinery: Industrial

Majority

Private

Single Bidder

Acquisition

Pending

Synopsis

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IMG, a technology manufacturing business, agreed to acquire Altair Technologies, manufacturer of special industry machinery. Financial terms were not disclosed. "We are enthusiastic about the addition of Altair to the IMG platform. With Altair now joining Applied Fusion and IMG in this complementary and vertically integrated platform, we look forward to realizing synergies and serving our customers with a broad range of highly differentiated value-added services and world class manufacturing capabilities, together with our continuing commitment to the highest quality standards," Kam Pasha, IMG CEO.

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