AstroNova to Be Acquired by Arcline Affiliates for $29 Per Share in All-Cash Deal
Summary
AstroNova has agreed to be acquired by affiliates of Arcline Investment Management for $29.00 per share in cash. The deal will take AstroNova private once shareholders approve the transaction and regulators clear the HSR filing. MergerCo will merge into AstroNova, and AstroNova will become a wholly owned subsidiary of the parent entity at closing. The agreement includes standard termination and reverse termination fee terms.
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HealthTech
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Data Management
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Data Visualization Software
Test & Measurement Software
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Linked Companies
AstroNova, Inc.
$50M to $100M