The private equity firm Metalmark Capital has acquired Schafer Corp., a provider of systems engineering and integration services to government agencies, the firms announced on Monday. Terms of the deal were not disclosed. Schafer had net income of $8 million before extraordinary items last year on sales of $120.5 million. Schafer has been growing at nearly 17 percent annually since its founding in 1996, according to the company's annual report. Most of Schafer's sales come from work supporting theater missile…
Schafer Corp. Acquired By Private Equity Firm Metalmark
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