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Announced

Completed

Vance Street Capital-backed Micronics Engineered Filtration Group completed the acquisition of Solaft Filtration Solutions.

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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Completed

Australia

filtration solutions

Machinery: Industrial

Acquisition

Majority

Private

Cross Border

Private Equity

Friendly

Single Bidder

Synopsis

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Vance Street Capital-backed Micronics Engineered Filtration Group, a provider of aftermarket filtration consumables, completed the acquisition of Solaft Filtration Solutions, a developer of filtration products. Financial terms were not disclosed. "We are excited to join forces with the Micronics Engineered Filtration Group, a strong industrial filtration solutions leader. From the beginning of our association, it has been clear that there is a great fit with Micronics and we are well-aligned with our vision for providing global customers with industry-leading filtration solutions for process filtration and environmental protection for a better future. We will be in good hands with Micronics," Justin Gallagher, Solaft CEO.

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