M&A Deal Summary

AVN Acquires Matric

On January 3, 2023, AVN acquired business services company Matric

Acquisition Highlights
  • This is AVN’s 1st transaction in the Business Services sector.
  • This is AVN’s 1st transaction in the United States.
  • This is AVN’s 1st transaction in West Virginia.

M&A Deal Summary

Date 2023-01-03
Target Matric
Sector Business Services
Buyer(s) AVN
Deal Type Add-on Acquisition

Target

Matric

West Virginia, United States
Matric is a strategic research and development (R&D) partner for companies in the chemicals and advanced software technologies industries. Its mission is to provide charitable and educational programs and support to foster economic development. Matric is based in the Greater Kanawha Valley Area of West Virginia.

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Buyer(S) 1

Buyer

AVN

South Charleston, West Virginia, United States

Category Company
Sector Business Services
DESCRIPTION

AVN provides uncommon expertise and infrastructure to solve the most challenging science and technology problems. Focusing on the areas of chemical, energy, and environmental technologies, technical engineering, specialty and custom manufacturing, and advanced software technologies, the company delivers innovation from concept to commercialization to manufacturing. AVN is based in South Charleston, West Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (West Virginia) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1