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New Deal


Announced

Arcline Investment Management-backed Signia Aerospace to acquire Lifesaving Systems.

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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United States

Single Bidder

Friendly

Acquisition

Security Equipment

Pending

Domestic

Private

Majority

Private Equity

survival equipment

Synopsis

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Arcline Investment Management-backed Signia Aerospace, a high-performance aerospace systems and specialized components manufacturer, agreed to acquire Lifesaving Systems, a helicopter, safety, survival, and marine rescue equipment supplier. Financial terms were not disclosed. "Lifesaving Systems is a leader in maritime rescue equipment and will be an excellent addition to our Signia Mission Systems business segment alongside Onboard Systems. Together, our products will continue to play a significant role in rescue and disaster relief operations worldwide," Norman Jordan, Signia Aerospace CEO.

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