Arcline Investment Management to Acquire AstroNova for $29.00 Per Share
June 17, 2026
AstroNova, Inc. has entered into a definitive agreement to be acquired by Arcline Investment Management in an all-cash transaction valued at approximately $272 million, or $29.00 per share. The deal is expected to close in the third quarter of 2026, subject to customary closing conditions including regulatory approvals.
- Targets
- AstroNova, Inc.
- Industry
- Industrial Services
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
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