Acacia Research Acquires Printronix Holding Corp.
March 31, 2022
Acacia Research Corporation acquired Printronix Holding Corp. for $33 million in cash, a purchase price of approximately 3.6x Printronix's adjusted EBITDA for the fiscal year ended March 31, 2021. Printronix, a manufacturer and distributor of industrial impact (line matrix) printers, consumables and services serving healthcare, food & beverage, manufacturing and logistics end markets, will be integrated into Acacia's permanent-capital platform to pursue growth and product expansion.
- Buyers
- Acacia Research Corporation
- Targets
- Printronix Holding Corp.
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
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