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New Deal


Announced

Vance Street Capital-backed Spectra A&D to acquire Galleon Embedded Computing.

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

Private Equity

Cross Border

Majority

Friendly

embedded computing solutions

Electronic Components and Equipment

Single Bidder

Private

Norway

Acquisition

Synopsis

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Vance Street Capital-backed Spectra A&D, a diversified designer and manufacturer of highly engineered avionics and electronics solutions, agreed to acquire Galleon Embedded Computing, a provider of embedded computing solutions. Financial terms were not disclosed. "We are very excited to partner with the Spectra team. Galleon has built a reputation and brand synonymous with technical innovation, quality and customer satisfaction. Finding an organization that shared those values was paramount in our decision to sell the business," Espen Boch, Galleon CEO.

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