Announced

Capitol Meridian Partners and Stellex Capital Management to acquire Beaufort from Survitec.

Synopsis

Capitol Meridian Partners and Stellex Capital Management, investment firms, agreed to acquire Beaufort, an aerospace and defense division, from Survitec, a provider of survival technology. Financial terms were not disclosed. “Beaufort’s transition to new ownership, who have deep sector expertise, positions the company to execute its growth strategy with focus and discipline, while maintaining delivery for customers and partners. With dedicated investment and industry insight, Beaufort is well placed to accelerate innovation, strengthen its market position and capture the opportunities ahead. I wish our soon former colleagues all the best on this new and exciting journey," Robert Kledal, Survitec CEO.

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