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Belcan LLC, a portfolio company of AE Industrial Partners LLC, announced that it has agreed to acquire Schafer Corporation from Metalmark Capital Partners. The deal is expected to close in the second quarter of 2017. With more than 400 employees worldwide, Schafer provides scientific, engineering, and technical services to military and civil government agencies. The company has specific expertise in CBRNE, space systems, air and defense, micro materials, and cybersecurity.
PricewaterhouseCoopers LLC served as financial advisor to Belcan and AE Industrial Partners while Raymond James & Associates advised Schafer and Metalmark Capital. Deal terms were not disclosed. Comments are closed.
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July 2017
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