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New Deal


Announced

Crestview Partners-backed Convergix Automation Solutions completed the acquisition of Eagle Technologies.

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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Domestic

automated production

United States

Machinery: Specialty

Acquisition

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

turnkey solutions

Synopsis

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Crestview Partners-backed Convergix Automation Solutions, an automation solutions company, completed the acquisition of Eagle Technologies, a systems integrator specializing in turnkey automated production and testing solutions. Financial terms were not disclosed. "I am immensely proud of the innovative capabilities, quality solutions, exceptional customer relationships, and most importantly the outstanding team and culture that we have built and nurtured every day at Eagle. The Eagle team is thrilled to join Convergix and to leverage its operational expertise, systems and experience to accelerate Eagle's growth and enhance our ability to serve our valued customers," Mike Koziel, Eagle President Emeritus.

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