# 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.

- Type: Acquisition
- Announced: 2017-12-04
- Where: Drummondville, Quebec, Canada
- Value: $250.0M (320.0M CAD)
- Status: announced
- Products: equipment, services and software for electricity, natural gas and utility resources
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Oaktree Capital Management](https://endata.com/companies/2339.md) (acquirer)
- [NAPEC Inc.](https://endata.com/companies/28563.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/12/04/1375442/0/en/NAPEC-Inc-Announces-Acquisition-by-Oaktree.html), 2017-12-04: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.