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Private Equity Firm Arcline Completes Acquisition Of Kaman

Cal Biesecker By
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Private Equity Firm Arcline Completes Acquisition Of Kaman
Kaman Corp.'s KARGO UAV unmanned aircraft system for medium lift. (Image: Kaman)

Arcline Investment Management last Friday completed its $1.8 billion acquisition of Kaman Corp., taking the aerospace and defense company private. Arcline paid Kaman stockholders $46 per share in cash. The acquisition was first announced in January. “As we enter our next phase as a private company, we are confident that we will benefit from additional resources and expertise that will enable us to build upon our strong foundation and take full advantage of the hard work we have done these…

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