Veritas Capital acquires CPI International - MarketLine Financial Deals

Veritas Capital acquires CPI International

Veritas Capital acquires CPI International - MarketLine Financial Deals
Veritas Capital acquires CPI International
Published Feb 11, 2011
3 pages — Published Feb 11, 2011
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...An affiliate of The Veritas Capital Fund IV, L.P., an investment fund managed by Veritas Capital, has acquired CPI International, Inc., a parent company of Communications & Power Industries, Inc. All the entities involved in the transaction are based in the US. Communications & Power Industries is a provider of microwave, radio frequency, and power and control solutions for defense, communications, medical, scientific and other applications. Update on February 10, 2011: The stockholders of CPI have approved the company s proposed acquisition by an affiliate of Veritas Capital Fund IV. The transaction is expected to close on February 11, 2011. Announcement (November 26, 2011): Veritas Capital Fund IV has signed a definitive agreement to acquire CPI at a price of $19.5 per share in cash, valuating the transaction at approximately $525 million. The offer price represents a premium of approximately 35% over the closing price of CPI common stock on November 24, 2010, and 38% over the average...

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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MarketLine Financial Deals. "Veritas Capital acquires CPI International" Feb 11, 2011. Alacra Store. Oct 24, 2016. <>
MarketLine Financial Deals. (2011). Veritas Capital acquires CPI International Feb 11, 2011. New York, NY: Alacra Store. Retrieved Oct 24, 2016 from <>
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