.
MergerLinks Header Logo

Announced

Completed

Arsenal-backed Fralock completed the acquisition of Career Technologies USA.

Financials

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

Tags

Edit

engineering solutions

Private

Acquisition

Private Equity

Completed

United States

Machinery: Industrial

Majority

Friendly

Single Bidder

Synopsis

Edit

Arsenal Capital Partners-backed Fralock, an engineering and manufacturing provider of specialty material solutions, completed the acquisition of Career Technologies USA, a provider of engineering and manufacturing solutions. Financial terms were not disclosed. "Our strategic customers will benefit from the combined capabilities of Fralock and Career Technologies. We continue to build our platform for delivering engineered solutions of specialty materials for applications in technically challenging and severe environments, which our customers depend on. The addition of Career Technologies gives us significant additional capabilities as well as increases our strong position in our core markets," Marc Haugen, Fralock CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US