Platinum Equity to acquire Héroux-Devtek for $1.35 billion

Héroux-Devtek has entered into an agreement to be acquired by an affiliate of Platinum Equity for $32.50 per share in cash, representing a total enterprise value of approximately $1.35 billion. The transaction includes a rollover of shares by senior management.

“After an extensive and robust strategic review process, we are pleased to have agreed on the terms of a transaction with Platinum Equity.”investors.herouxdevtek.com

• 2 sources
• investors.herouxdevtek.comHÉROUX-DEVTEK ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY PLATINUM EQUITY - Jul 11, 2024Jul 11, 2024
• canadiandefencereview.comQuebec based Héroux-Devtek enters into agreement to be acquired by U.S. based private equity firm - Canadian Defence ReviewCDRJul 11, 2024

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