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New Deal


Announced

Completed

Curtiss-Wright completed the acquisition of Pacific Star Communications for $400m.

Financials

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Transaction Value£314m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA11.64x
Share Price Premium-
One Off Charge-

Tags

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Completed

tactical communications solutions

Acquisition

Friendly

Majority

Domestic

Single Bidder

Private

United States

Defense

Venture Capital

Private Equity

Synopsis

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Curtiss-Wright, an American, global diversified product manufacturer and service provider for the commercial, industrial, defense, and energy markets, completed the acquisition of Pacific Star Communications, a provider of tactical communications solutions for battlefield network management, from venture capital funds Endeavour Capital, Steelpoint Capital Partners, Fluke Venture Partners and Chart Venture Partners for $400m. The acquisition supports Curtiss-Wright's financial objectives for long-term profitable growth and strong free cash flow generation. PacStar is expected to generate sales in excess of $120m in 2020 and is expected to yield significant opportunities for revenue growth.

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