M&A Deal Summary

ASGARD Partners Acquires Angstrom Technology

On November 30, 2020, private equity firm ASGARD Partners acquired business services company Angstrom Technology

Acquisition Highlights
  • This is ASGARD Partners’ 1st transaction in the Business Services sector.
  • This is ASGARD Partners’ 3rd transaction in the United States.
  • This is ASGARD Partners’ 1st transaction in Michigan.

M&A Deal Summary
Date 2020-11-30
Target Angstrom Technology
Sector Business Services
Buyer(s) ASGARD Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Charter Capital Partners (Financial)
Dickinson Wright (Legal)

Target

Angstrom Technology

Grand Rapids, Michigan, United States
Angstrom Technology is a provider of cleanroom production across the U.S., Canada, and Mexico. Angstrom has provided cleanroom build, design, and maintenance services to companies. Angstrom Technology was founded in 1989 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

ASGARD Partners

Category Private Equity Firm
Founded 2017
Size Small
Type Sector Agnostic
DESCRIPTION

ASGARD Partners & Co. is a private investment firm that looks to partner with management in pursuing investments in profitable companies where it can leverage its operational expertise. Target companies generally possess stable cash flows, offer differentiated products/services, and have multiple avenues for growth. Sectors of interests include business services, defense, government services, healthcare, distribution, and logistics. ASGARD Partners was established in 2017 and is headquartered in New York City.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Michigan) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-21 Wild Things

Virginia Beach, Virginia, United States

Wild Things is a designer and manufacturer of high-end technical outerwear and gear for extreme outdoor conditions, primarily serving the military and law enforcement communities both domestically and internationally. Wild Things was founded in 1981 and is based in Newport, Rhode Island.

Sell -
Mergr

Product

Company

Legal