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Announced

Completed

Behrman Capital completed the acquisition of George Industries.

Synopsis

Behrman Capital, a private equity firm, completed the acquisition of George Industries, a designer and manufacturer of mission-critical and highly engineered components for the defense, aerospace and industrial sectors. Financial terms were not disclosed. "George Industries has an impressive reputation and is well-positioned to take advantage of the growing need for thermal management products serving high-reliability industries, particularly in the defense sector. This transaction builds upon our strong defense and aerospace industry track record, following recent acquisitions of Micross, kSARIA and previous highly successful investment in Data Device Corporation. We are very enthusiastic about our new partnership with George Industries, and we see significant potential in the next stage of the Company's growth trajectory both through organic initiatives and select acquisitions as we build around the Company's thermal management capabilities. We look forward to partnering with the leadership team and continue the legacy that has been built through 60 years of operations," Grant G. Behrman, Behrman Capital Managing Partner.

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