Arcline Investment Management to Acquire Avantus Aerospace Group from Inflexion

Arcline Investment Management Acquires AstroNova (Take-Private)

August 28, 2026

Industrial Services

Arcline Investment Management completed its all-cash take-private acquisition of AstroNova for $29.00 per share, valuing the company at roughly $272 million. The transaction was approved by AstroNova shareholders in late August and resulted in AstroNova ceasing trading and delisting from Nasdaq.

Arcline Investment Management to Acquire AstroNova for $29 Per Share

June 18, 2026

Manufacturing

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.

Arcline Investment Management to Acquire AstroNova for $29.00 Per Share

June 17, 2026

Industrial Services

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.

Arcline Investment Management to Acquire Continental Aerospace Technologies for $535 Million

June 9, 2026

Aerospace & Defense

Arcline Investment Management has entered into a definitive agreement to acquire the holding company of Continental Aerospace Technologies for approximately $535 million. The deal is expected to result in Continental being delisted and supported by irrevocable undertakings from controlling shareholders linked to the Aviation Industry Corporation of China (AVIC).

Arcline Investment Management to Acquire Novaria Group from KKR for $2.2 Billion

November 10, 2025

Industrial Services

Arcline Investment Management has entered into a definitive agreement to acquire Novaria Group for $2.2 billion. The deal will provide cash payouts to Novaria employees under the company’s employee ownership program and is expected to support Novaria’s continued expansion across the aerospace and defense supply chain.

Avantus Aerospace Acquires Fastener Innovation Technology (FIT)

September 29, 2020

Aerospace & Defense

Avantus Aerospace, a PE-backed aerospace C-class parts group, acquired Fastener Innovation Technology Corporation (FIT) of Rancho Dominguez, California as an add-on to expand its specialty fastener capabilities. FIT (founded 1979) will continue to be led by its existing management and will be integrated with Avantus’s fastener businesses to better serve aerospace OEM and defense customers including Boeing, Raytheon and Lockheed Martin.