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Announced

Behrman Capital-backed George Industries to merge with Alexander Machine & Tool Company.

Synopsis

Behrman Capital-backed George Industries, a designer and manufacturer of mission-critical and highly engineered components, agreed to merge with Alexander Machine & Tool Company, a provider of complex engineered solutions for mission-critical defense applications. Financial terms were not disclosed. "Combining with AM&T significantly broadens the combined company's thermal management solutions offering. Bringing together George Industries' decades of manufacturing know-how in brazing capabilities with AM&T's engineering, design and high-precision manufacturing will allow for significant cross-selling opportunities, as we look to build upon our strategic position and long-term growth prospects. We expect a very smooth integration that will enable us to stay focused on serving all of our stakeholders," Jan Mathiesen, George Industries CEO.

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