Announced
Financials
Sources
Tags
Defense
Acquisition
Single Bidder
survivability solutions
Disposal
Private Equity
Cross Border
Friendly
Netherlands
Pending
Majority
Private
Synopsis
Private equity firm Agilitas agreed to acquire TenCate Advanced Armour, a manufacturer of lightweight survivability solutions, from Royal Ten Cate, a Dutch industrial conglomerate, for $240m. "It has been a pleasure to work with management on identifying multi-dimensional transformational opportunities for TenCate Advanced Armour. We are excited to support their vision to become the leading OEM-independent manufacturer of lightweight survivability solutions across all platforms," Kevin Iermiin, Agilitas Investment Director.
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