.
MergerLinks Header Logo

New Deal


Announced

Completed

Compass Partners to acquire PRL.

Financials

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

Tags

Edit

Friendly

Private

United States

Machinery: Industrial

Single Bidder

alloy castings

Majority

Completed

Domestic

ferrous metals

Acquisition

non-ferrous metals

poured castings

Private Equity

Synopsis

Edit

Compass Partners, a Stamford-based investment firm, agreed to acquire PRL, a manufacturer of high-tech alloy castings. Financial terms were not disclosed. “The acquisition by MPI will not only provide additional resources to our talented workforce, but increases PRL’s visibility with the nuclear Navy, and will be instrumental in growing PRL to the next level. PRL is ecstatic to welcome Admiral John Morgan as the new CEO, as his leadership skills and values are second to none,” Janis Herschkowitz, PRL President & CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US