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Announced

Completed

Mirasol Capital-backed Elevate completed the acquisition of Evans & Sutherland Computer for $15m.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

United States

Acquisition

Majority

computer graphics

Single Bidder

IT Services: Other

visual display

Friendly

Completed

Private Equity

Domestic

Synopsis

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Mirasol Capital-backed Elevate Entertainment, which develops visual display systems, completed the acquisition of Evans & Sutherland Computer, an American computer firm, for $15m. "Evans & Sutherland is a global leader in the advanced display industry with a rich computer graphics, engineering, and technology driven-legacy. We look forward to promptly closing this transaction and supporting the Evans & Sutherland team as we build on the company's proud history and service their clients around the world," Jeb Terry, Elevate CEO.

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