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Announced

ASGARD Partners-backed Angstrom Technology to acquire Built 2 Spec.

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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Software

Majority

Single Bidder

Pending

virtual construction management

Private

Private Equity

Cross Border

France

Friendly

Acquisition

Synopsis

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ASGARD Partners-backed Angstrom Technology, a modular cleanroom production company, agreed to acquire Built 2 Spec, an EU-funded virtual construction management platform project. Financial terms were not disclosed. "This acquisition will accelerate our West Coast expansion and bring our existing and future customers the know-how and service they deserve. I am also excited to welcome the Built 2 Spec talent to Angstrom Technology and look forward to integrating Built 2 Spec's expertise throughout our organization," Matt Isard, Angstrom President.

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