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Latham & Watkins Advises Arcline in US$1.8 Billion Acquisition of Kaman

January 19, 2024
Multidisciplinary team represents the private equity firm focused on technology-driven, meaningful-to-the-world industrial businesses in take-private acquisition of NYSE-listed Kaman.

Kaman Corp. (NYSE:KAMN) has announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P., a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately US$1.8 billion. Upon completion of the transaction, Kaman, which imagines and delivers highly engineered aerospace and defense, medical, and industrial solutions to diverse markets worldwide, will become a privately held company.

Latham & Watkins LLP represents Arcline in the transaction with a corporate deal team led by Bay Area partners Josh Dubofsky and Navneeta Rekhi, with associates Said Bakir, Madisson Goorman, Eric Czubiak, and Olivia Pettingill. Advice was also provided on tax matters by Bay Area partner Katharine Moir, with associates Gregory Conyers and Matthew Green; on benefits and compensation matters by Chicago partner Benjamin Rosemergy, with associate Valerie Silva; on environmental matters by Washington, D.C. partner James Barrett and counsel Allison In, with associate Bruce Johnson; and on intellectual property matters by Bay Area partner Michelle Gross, with associates Ryan Sanders, Kiara Vaughn, and Victoria Wan.