Business News • MarketWire • Altus Capital Partners Sells Gichner Holdings, Inc. to Kratos in $133 Million Transaction After Implementation of 2 1/2-Year Growth Strategy |
Altus Capital Partners Sells Gichner Holdings, Inc. to Kratos in $133 Million Transaction After Implementation of 2 1/2-Year Growth Strategy |
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Altus Capital Partners Sells Gichner Holdings, Inc. to Kratos in $133 Million Transaction After Implementation of 2 1/2-Year Growth Strategy
WESTPORT, CT--(Marketwire - May 20, 2010) - Altus Capital Partners, Inc. ("Altus"), a leading private equity investment firm focused on niche middle market manufacturing companies, today announced that it has sold Gichner Holdings, Inc. ("Gichner"), a leader in the design, engineering and manufacturing of tactical and other shelters for the U.S. military, its allies and leading defense prime contractors, to Kratos Defense & Security Solutions, Inc. ("Kratos") (NASDAQ: KTOS) for $133 million in cash. The transaction closed yesterday.
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