M&A Deal Summary

EDAC Technologies Acquires Accura Technics

On May 18, 2010, EDAC Technologies acquired machinery company Accura Technics for 300K USD

Acquisition Highlights
  • This is EDAC Technologies’ 2nd transaction in the Machinery sector.
  • This is EDAC Technologies’ 2nd largest (disclosed) transaction.
  • This is EDAC Technologies’ 3rd transaction in the United States.
  • This is EDAC Technologies’ 1st transaction in New Hampshire.

M&A Deal Summary

Date 2010-05-18
Target Accura Technics
Sector Machinery
Buyer(s) EDAC Technologies
Deal Type Add-on Acquisition
Deal Value 300K USD

Target

Accura Technics

Keene, New Hampshire, United States
Accura Technics LLC is a privately-owned manufacturer of high-precision grinding and machining systems.

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Buyer(S) 1

Buyer

EDAC Technologies

Farmington, Connecticut, United States

Category Company
Founded 1946
Sector Aerospace
Employees480
DESCRIPTION

EDAC Technologies is a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications. EDAC offers design and manufacturing services for commercial and military aircraft, in such areas as jet engine parts, special tooling, equipment, gauges and components used in the manufacture, assembly and inspection of jet engines.


DEAL STATS #
Overall 3 of 7
Sector (Machinery) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (New Hampshire) 1 of 1
Country (United States) 3 of 7
Year (2010) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-07 Service Network

United States

Service Network, Inc. is a manufacturer and rebuilder of precision grinders.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-06 EBTEC

Agawam, Massachusetts, United States

EBTEC Corp. is a provider of advanced precision manufacturing processes and fabrication solutions to leading aerospace, power generation, industrial, semiconductor and medical customers.

Buy $11M