Arotech Corporation Acquired by Albion River
Deal News | Feb 03, 2025 | Greenbriar Equity Group LLC
Albion River has successfully acquired Arotech Corporation from Greenbriar Equity Group, marking a strategic expansion into high-fidelity training and simulation, portable power systems, and advanced electronics manufacturing. Arotech, headquartered in Ann Arbor, Michigan, is known for its expertise in serving defense and security markets globally. The acquisition aligns with Albion River's strategy to enhance its product offerings and expand its global reach, with Arotech's existing management, led by CEO Dean Krutty, continuing in their roles. The transaction saw Bryan Cave Leighton Paisner LLP act as legal advisor to Albion River, and 3Wire Partners as financial advisor, while Kirkland & Ellis LLP advised Greenbriar Equity Group.
Sectors
- Defense
- Electronics Manufacturing
- Mergers and Acquisitions Advisory
Geography
- United States – Arotech is headquartered in Ann Arbor, Michigan, and the transaction involves U.S.-based companies, including Albion River and the advisors.
Industry
- Defense – Arotech Corporation operates within the defense sector, providing high-fidelity training, simulation, and power systems to defense customers.
- Electronics Manufacturing – Arotech is engaged in advanced electronics manufacturing, serving various markets with its proprietary technology.
- Mergers and Acquisitions Advisory – The article describes the acquisition transaction and involvement of advisors, pointing to the M&A advisory industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arotech Corporation | Target | Company | A provider of training & simulation, advanced electronics, and power systems for defense and law enforcement. |
| Greenbriar Equity Group LLC | Selling Company | Company | The private equity group selling Arotech Corporation. |
| Albion River | Bidding Company | Company | Acquirer of Arotech Corporation to expand its defense and security platform. |
| Dean Krutty | CEO of Arotech | Person | CEO of Arotech Corporation, continuing with the company post-acquisition. |
| Bryan Cave Leighton Paisner LLP | Legal Advisor | Company | Legal advisor to Albion River for the acquisition of Arotech Corporation. |
| 3Wire Partners | Financial Advisor | Company | Financial advisor to Albion River for the acquisition. |
| Kirkland & Ellis LLP | Legal Advisor | Company | Legal advisor to Greenbriar Equity Group for the sale of Arotech. |