Arcline Investment Management to Acquire AstroNova for $29 Per Share
June 18, 2026
Arcline Investment Management signed a definitive agreement to acquire AstroNova in an all-cash deal at $29 per share, valuing the transaction at an enterprise value of about $272 million. The deal is expected to close in the third quarter of 2026, subject to shareholder and regulatory approvals, after which AstroNova will become privately held.
- Targets
- AstroNova, Inc.
- Industry
- Manufacturing
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
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