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Announced

Completed

Greenbriar Equity-backed Arotech completed the acquisition of UST-Aldetec.

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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Engineering Consulting

Completed

Private

Acquisition

Majority

Private Equity

Friendly

engineering services

Single Bidder

United States

Domestic

Synopsis

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Greenbriar Equity-backed Arotech, a defense and security company, completed the acquisition of UST-Aldetec, a state-of-the-art design, engineering, manufacturing and services company. Financial terms were not disclosed. “The addition of UST-Aldetec expands our electronics capabilities into both RF and Microelectronic product platforms. This capability will open up a much broader market segment for our growing complex electronics business and allow us to serve a growing need for these types of products within our existing defense, communications, and medical markets,” Matt Bakker, Arotech President of the Advanced Electronics Division.

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