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  6. Cadence Acquires Arcor Laser Services

M&A Deal Summary

Cadence Acquires Arcor Laser Services

On May 1, 2019, Cadence acquired machinery company Arcor Laser Services

Acquisition Highlights
  • This is Cadence’s 1st transaction in the Machinery sector.
  • This is Cadence’s 1st transaction in the United States.
  • This is Cadence’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2019-05-01
Target Arcor Laser Services
Sector Machinery
Buyer(s) Cadence
Deal Type Add-on Acquisition
Advisor(s) Touchstone Advisors (Financial)

Target

Arcor Laser Services

Suffield, Connecticut, United States
Arcor Laser Services LLC specializes in precision laser welding, machining, marking, and drilling, as well as turnkey systems integration. Arcor is also an expert in the integration of laser processes into Swiss machining centers, enabling complex fabrication at a lower cost. The company is located in Suffield, Connecticut and consists of two facilities totaling 30,000 square feet.

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Buyer(S) 1

Buyer

Cadence

Staunton, Virginia, United States
Category Company
Founded 1985
Sector Medical Products
Employees475
DESCRIPTION

Cadence is a supplier of advanced products, technologies and services to medical device and specialty industrial companies worldwide. Cadence develops solutions-oriented relationships with customers and provides highly technical solutions that enable improved product performance in clearly measurable ways. Cadence was founded in 1985 and is headquartered in Staunton, Virginia.

DEAL STATS #
Overall 1 of 3
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
State: Connecticut M&A 1 of 2
Country: United States M&A 1 of 3
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-03 Utitec

Watertown, Connecticut, United States

Utitec is a manufacturer specializing in miniature, deep drawn medical device and commercial components. Utitec is based in Watertown, Connecticut.

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