AstroNova Acquires Astro Machine

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.

Luth-AR Acquires ACRO Machine Inc.

October 30, 2024

Manufacturing

Luth-AR has purchased all assets of ACRO Machine Inc., a Minnesota-based barrel manufacturing company, bringing barrel machining in-house after a 23-year partnership. The acquisition adds CNC turning and milling capacity and proprietary fixtures/programs to support expanded barrel offerings, new calibers, contours and specialized coatings.

Machine Solutions Inc. Acquires Alpine Laser LLC

October 3, 2024

Medical Devices

Machine Solutions Inc., a provider of equipment and services to the medical device industry and a platform owned by BW Forsyth Partners, has acquired Alpine Laser LLC, a Minneapolis-based maker of laser processing workstations and development support. The acquisition adds laser processing capabilities to Machine Solutions' portfolio and is the company's ninth acquisition since joining the BW Forsyth Partners family.

Advanced Integration Technology Acquires Nova-Tech Engineering

December 22, 2016

Aerospace & Defense

Advanced Integration Technology (AIT) announced an investment to acquire Nova-Tech Engineering, a Lynnwood, Washington-based designer and integrator of aerospace assembly automation, materials handling and friction-stir welding equipment. Nova-Tech will operate as a distinct business line within AIT, expanding AIT’s aerospace automation capabilities and international footprint; financial terms were not disclosed.