Acquisitions in Maryland in 2012
Showing 1 transactions.
-
- Buyer
- RLJ Equity Partners
- Target
- LAI International, Inc.
- Seller
- Spell Capital Partners
- Industry
- Manufacturing
- Location
- Maryland, United States
- Type
- Buyout
RLJ Equity Partners acquired LAI International, Inc. from Spell Capital Partners in a transaction announced in early 2012; Monroe Capital provided approximately $37.1 million of financing to support the deal. LAI is a contract manufacturer of precision-engineered components serving aerospace, defense, power generation and medical markets; under Spell's ownership the business grew from $16 million to $44 million in sales.
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