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New Deal


Announced

Aterian Investment Partners-backed Vander-Bend to acquire Swiss Precision Machining.

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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Pending

industrial products

Domestic

United States

Industrial Intermediate

fabrication services

Private Equity

Diversified Industrials

Private

Majority

Single Bidder

Acquisition

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Synopsis

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Aterian Investment Partners-backed Vander-Bend, a provider of manufacturing solutions, agreed to acquire Swiss Precision Machining, a manufacturer of components, assembles and accessories utilized in the robotic surgery and other technology end markets. Financial terms were not disclosed. "SPM has a longstanding history of providing exceptional products to market leading customers, and its expertise in specialized instrument manufacturing will complement Vander-bend's existing prototyping to full scale med-tech and high-tech focused production capabilities. Through the acquisition of SPM, Vander-Bend will also expand its medical commercial relationships, allowing us to better serve our broader industry and continue our growth trajectory," Greg Biggs, Vander-Bend Chief Executive Officer.

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