Acorn Growth Companies Acquires Raisbeck Engineering Inc.
September 26, 2016
Acorn Growth Companies has acquired Raisbeck Engineering Inc., a Seattle-based developer and manufacturer of aircraft performance improvement systems. Participating financing and investment partners included Congruent Investment Partners, Independent Bankers Capital Funds, Omega Capital and Arvest Bank. Founder James D. Raisbeck will remain as chairman and the company will continue to operate under its brand; financial terms were not disclosed.
- Buyers
- Acorn Growth Companies, Congruent Investment Partners, Independent Bankers Capital Funds, Omega Capital, Arvest Bank
- Targets
- Raisbeck Engineering Inc.
- Industry
- Aerospace & Defense
- Location
- Washington, United States
- Transaction Type
- Buyout
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