Oaktree to acquire NAPEC Inc. for $320 million

NAPEC Inc. entered into an arrangement agreement for funds managed by Oaktree Capital Management to acquire all outstanding shares for $1.95 per share, valuing the total transaction at approximately $320 million including assumed debt.

“This transaction represents a unique opportunity to provide a significant reward to our shareholders while also enabling NAPEC and its employees to enter into a new phase of growth supported by Oaktree's capital, industry expertise, experience and insight.”globenewswire.com

• 1 source
• globenewswire.comNAPEC Inc. Announces Acquisition by OaktreeNAPEC Inc.Dec 4, 2017

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