Acacia Research completed the acquisition of Deflecto for $104m.

Acacia Research, which acquires and operates businesses across the industrial, energy and technology sectors, completed the acquisition of Deflecto, a specialty manufacturer of essential products serving the commercial transportation, HVAC and office markets, for $104m. "We are pleased to add Deflecto to Acacia’s growing portfolio of strategic assets. This acquisition is consistent with the types of opportunities we look for. Deflecto fits in our target size range, sells diversified and necessary goods and has an excellent management team, led by Ross, with a demonstrated track record of operational execution and capital allocation," Martin D. McNulty, Jr., Acacia CEO.