Acquisitions in Wisconsin in 2016
Showing 2 transactions.
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July 25, 2016
- Buyer
- Air T, Inc., Contrail Aviation Support, LLC (New Contrail)
- Target
- Contrail Aviation Support, Inc.
- Seller
- Contrail Aviation Support, Inc., Joseph Kuhn
- Industry
- Aerospace & Defense
- Location
- Wisconsin, United States
- Type
- Buyout
Air T, Inc. (NASDAQ: AIRT) completed an asset purchase of Contrail Aviation Support, Inc., a Verona, Wisconsin-based supplier of surplus and aftermarket commercial jet engine components. The business was acquired by a newly formed Air T subsidiary (New Contrail), with Joseph Kuhn appointed CEO and all Contrail employees retained to continue operations in Verona.
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- Buyer
- Clarion Brands, LLC, Swander Pace Capital
- Target
- American Lifeline, Inc. (Florajen)
- Industry
- Consumer Products
- Location
- Wisconsin, United States
- Type
- Addon
Clarion Brands, a portfolio company of Swander Pace Capital, has acquired American Lifeline, Inc., the maker of the Florajen probiotic supplement brand. Cleary Gull acted as exclusive financial advisor to American Lifeline; the acquisition adds a leading pharmacist-recommended probiotic brand to Clarion's consumer health portfolio.
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