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New Deal


Announced

Completed

Littlejohn Capital-backed ArmorWorks completed the acquisition of Fox Valley Metal-Tech.

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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Private Equity

Acquisition

Domestic

Majority

metal fabricator

United States

Metal Fabricating

Single Bidder

Friendly

Completed

Private

Synopsis

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Littlejohn Capital-backed ArmorWorks, a defense and security company providing innovative protective technologies and products, completed the acquisition of Fox Valley Metal-Tech, a provider of complex, precision metal fabrications for use on naval ships, submarines, combat vessels, and other critical defense applications. Financial terms were not disclosed. "Fox Valley's components meet the Navy's stringent requirements, and combine unique fabrication, machining, precision welding, and painting/finishing capabilities to provide customers with a vertically-integrated manufacturing solution in compliance with the highest US military standards. Fox Valley's fabrications are trusted on high priority naval programs amid a historical fleet expansion, and we look forward to supplementing our existing business with the addition of Fox Valley's superior products," Kevin Dahlin, ArmorWorks CEO.

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