{"id":973109,"date":"2026-06-17T08:34:37","date_gmt":"2026-06-17T12:34:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\/"},"modified":"2026-06-17T08:34:37","modified_gmt":"2026-06-17T12:34:37","slug":"astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\/","title":{"rendered":"AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwnowrap { white-space: nowrap }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth2 { width: 2% }\n.bwwidth54 { width: 54% }\n.bwwidth9 { width: 9% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction<\/b><\/p>\n<p>WEST WARWICK, R.I.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.astronovainc.com&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=AstroNova%2C+Inc&amp;index=1&amp;md5=dd9d0c948aaa2eae82ec958456d50ada\">AstroNova, Inc<\/a>. (Nasdaq: ALOT), a leading provider of mission critical identification and marking solutions across the aerospace &amp; defense and labeling &amp; packaging industries, today announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management (\u201cArcline\u201d), a growth-oriented private equity firm, in an all-cash transaction with a total enterprise value of approximately $272 million; AstroNova shareholders will receive $29.00 per share in cash. Upon completion of the transaction, AstroNova will become a privately held company.<\/p>\n<p>\nThe transaction was unanimously approved by AstroNova\u2019s Board of Directors and follows the Company\u2019s previously announced review of strategic alternatives intended to maximize shareholder value. The per share purchase price represents a premium of approximately 209% over AstroNova\u2019s unaffected closing share price on April 6, 2026, the last full trading day prior to the strategic alternatives review announcement, and a premium of approximately 120% over the volume weighted average price (VWAP) of AstroNova common stock for the 90 days ending June 16, 2026.<\/p>\n<p>\nJorik Ittmann, President and Chief Executive Officer of AstroNova, said, \u201cThis transaction marks an important milestone for AstroNova. Our teams have worked hard over the last year to strengthen the business and position the Company for sustainable growth. Arcline\u2019s interest in our entire enterprise &#8211; from our technologies, products, and strategy to our people and customers &#8211; makes them the right partner for AstroNova\u2019s next chapter.\u201d<\/p>\n<p>\n\u201cFollowing a comprehensive review of strategic alternatives, the Board of Directors determined that this transaction is in the best interests of AstroNova and its stockholders,\u201d said Darius G. Nevin, Executive Chairman of AstroNova. \u201cOn behalf of the Board of Directors and our shareholders, we thank Jorik and the worldwide AstroNova team for delivering the value recognized by Arcline.\u201d<\/p>\n<p>\nTom Carll, SVP &amp; GM, Aerospace, said, \u201cOur avionics franchise, rooted in flight-deck printers and ethernet switches, is certified on the world&#8217;s leading aircraft. Arcline&#8217;s backing lets us continue investing in this business and the customers who depend on it.\u201d<\/p>\n<p>\nPadraig Finn, SVP &amp; GM, Product Identification, said, \u201cOur growing portfolio of label and packaging printers drives critical operations our customers depend on every day. With our recently expanded product portfolio and Arcline\u2019s backing, we can continue to serve our customers and deepen those relationships globally.\u201d<\/p>\n<p>\nArcline commented, \u201cAstroNova&#8217;s businesses are durable, mission-critical franchises with deep installed bases, established customer relationships, and a clear runway ahead. We&#8217;re proud to back them and we&#8217;re grateful to Darius, Jorik, Tom, Padraig, and the entire AstroNova team for the work they&#8217;ve done to transform the business and prepare it for its next stage of growth. We look forward to partnering with them as we invest in AstroNova\u2019s growth in the years to come.\u201d<\/p>\n<p><b>Transaction Details<\/b><\/p>\n<p>\nThe transaction requires approval by AstroNova stockholders and is expected to close in the third quarter of 2026, subject to customary closing conditions including receipt of regulatory approvals.<\/p>\n<p><b>Advisors<\/b><\/p>\n<p>\nRockefeller Capital Management is serving as exclusive financial advisor to AstroNova and Foley Hoag LLP is serving as legal counsel. Alliance Advisors is serving as strategic communications advisor to AstroNova. Mesirow is serving as exclusive financial advisor to Arcline. Bass, Berry &amp; Sims PLC is serving as Arcline\u2019s legal counsel.<\/p>\n<p><b>About AstroNova, Inc.<\/b><\/p>\n<p>\nAstroNova (Nasdaq: ALOT) is a leading provider of mission critical identification and marking solutions in aerospace &amp; defense and labeling &amp; packaging amongst other industries. The Company designs, manufactures, distributes, and services solutions that enable customers to identify, track, and communicate essential system, product, and safety information across a wide range of applications and media.<\/p>\n<p>\nThe Aerospace segment is a global leader in providing products designed for airborne printing solutions, avionics, and data acquisition, including flight deck printing solutions, networking hardware, and specialized aerospace-grade supplies.<\/p>\n<p>\nThe Product Identification segment delivers end-to-end marking and identification solutions, including hardware, software, and consumables for OEMs, commercial printers, and brand owners. These solutions are used across labels, flexible packaging, corrugated, and industrial substrates, where durability, traceability, and regulatory compliance are essential.<\/p>\n<p>\nFor more information, please visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.astronovainc.com&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=www.astronovainc.com&amp;index=2&amp;md5=0f9c9fd3e1ff6757457bc766aaaba94e\">www.astronovainc.com<\/a>.<\/p>\n<p><b>About Arcline<\/b><\/p>\n<p>\nArcline Investment Management is a growth-oriented private equity firm with over $30 billion in assets under management. Arcline seeks to build the next generation of Industrial Compounders\u2014market-leading, non-disruptible industrial platforms designed to consistently grow earnings over decades. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.arcline.com&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=www.arcline.com&amp;index=3&amp;md5=876aac2dff05f55633193eac3dc77ec4\">www.arcline.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the proposed transaction, the expected timing of closing, the satisfaction of closing conditions, future performance, anticipated benefits of the transaction, and AstroNova\u2019s future opportunities as a privately held company. These statements are based on current expectations, estimates, and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by such statements.<\/p>\n<p>\nThese risks and uncertainties include, among others, the possibility that required shareholder or regulatory approvals may not be obtained; that other closing conditions may not be satisfied; that the transaction may be delayed or may not be completed on the expected terms or at all; the occurrence of any event, change, or other circumstance that could give rise to the termination of the merger agreement; the effect of the announcement or pendency of the transaction on AstroNova\u2019s business relationships, operating results, and business generally; risks related to diverting management\u2019s attention from ongoing business operations; and other risks described in AstroNova\u2019s filings with the SEC. AstroNova undertakes no obligation to update any forward-looking statements, except as required by applicable law.<\/p>\n<p><b>Additional Information and Where to Find It<\/b><\/p>\n<p>\nIn connection with the proposed transaction, AstroNova expects to file relevant materials with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d), including a proxy statement on Schedule 14A or other applicable transaction documents. This communication is not a substitute for any proxy statement or other document the Company may file with the SEC in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THESE MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ASTRONOVA, THE PROPOSED TRANSACTION, AND RELATED MATTERS. The proxy statement, when available, will be mailed to the Company\u2019s shareholders of record as of the close of business on the record date for the Company\u2019s special meeting when scheduled. Investors and security holders may obtain free copies of these materials and other documents filed by AstroNova with the SEC at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=4&amp;md5=6ce8310609b7b5c0f454460ac3609321\">www.sec.gov<\/a>, or by visiting AstroNova\u2019s investor relations website.<\/p>\n<p><b>Participants in the Solicitation<\/b><\/p>\n<p>\nThe Company and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of the Company is set forth in the amendment to the Company\u2019s Annual Report on Form 10-K (the \u201cForm 10-K\/A\u201d), including under the headings entitled \u201cDirectors, Executive Officers and Corporate Governance\u201d, \u201cExecutive Compensation\u201d and \u201cSecurity Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters\u201d, which was filed with the SEC on June 1, 2026, and which is available <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F0000008146%2F000119312526251606%2Fd154617d10ka.htm&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=at+this+link&amp;index=5&amp;md5=60499c5747cc33d56ff8acb4c8c426a8\">at this link<\/a>. If any filings are made by AstroNova or any of the participants with the SEC on Forms 3, 4, and 5 with respect to the participants\u2019 holdings of AstroNova\u2019s securities, AstroNova will provide updates to the table and such filings will be available on its website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.astronovainc.com%2Finvestors%2Ffinancial-reports%2Fsec-filings%2Fdefault.aspx&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=investors.astronovainc.com&amp;index=6&amp;md5=4f84d3d36575bf0d78ea667d2e5260ff\">investors.astronovainc.com<\/a> or through the SEC\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2Fedgar%2Fbrowse%2F%3FCIK%3D8146%26owner%3Dexclude&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=7&amp;md5=f5cae9d6866ff06fafccb06c6a5efb59\">www.sec.gov<\/a>. Investors may obtain additional information regarding the interests of such participants by reading the proxy statement regarding the proposed transaction when it becomes available.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth54\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Name <\/b><i>(1)<\/i><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth9 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>Ownership<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth12 bwalignc bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>Date of Filing<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth9 bwalignc bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>Filing Type<\/b><\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth9 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\"><b>Hyperlink<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth54\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nThomas W. Carll,<br \/>\n<br \/>Senior Vice President and General Manager \u2013 Aerospace<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwwidth9 bwalignc bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n51,452 <i>(2)<\/i><\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth12 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nJune 12, 2026<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth9 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nForm 4<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth2\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth9 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F8146%2F000206483226000227%2FxslF345X06%2Fform4.xml&amp;esheet=54555738&amp;newsitemid=20260617421616&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=8&amp;md5=41fc72982733c2eb5bcf3743cf709153\">www.sec.gov<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><i>(1) The business address for the individual set forth in the table above is c\/o AstroNova, Inc., 600 E. Greenwich Avenue, West Warwick, Rhode Island 02893.<br \/>\n<br \/><\/i><i>(2) Includes 17,500 shares of AstroNova\u2019s common stock subject to stock options, which are currently exercisable within 60 days of the date hereof.<\/i><\/p>\n<p><b>No Offer or Solicitation<\/b><\/p>\n<p>\nThis communication is for informational purposes only and is not intended to and does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Any offer, solicitation or offer to buy or sell securities will be made only pursuant to a proxy statement, tender offer materials, or other offering documents that are filed with the U.S. Securities and Exchange Commission and permitted by applicable law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260617421616r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260617421616\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260617421616\/en\/<\/a><\/span><\/p>\n<p><b>AstroNova Contact:<br \/>\n<br \/><\/b>Deborah K. Pawlowski, IRC<br \/>\n<br \/>Alliance Advisors IR<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:dpawlowski@allianceadvisors.com\">dpawlowski@allianceadvisors.com<br \/>\n<\/a><br \/>Phone: 716.843.3908<\/p>\n<p><b>Arcline Contact<br \/>\n<\/b><br \/>Jon Keehner \/ Tim Ragones \/ Erik Carlson<br \/>\n<br \/>Joele Frank, Wilkinson Brimmer Katcher<br \/>\n<br \/>212-355-4449<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Arcline-jf@joelefrank.com\">Arcline-jf@joelefrank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Rhode Island<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Office Products Aerospace Technology Manufacturing Retail Other Defense Defense Packaging Hardware Electronic Design Automation<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260617421616\/en\/2532555\/3\/2025_AstroNova_logo_-_transparent.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction WEST WARWICK, R.I.&#8211;(BUSINESS WIRE)&#8211;AstroNova, Inc. (Nasdaq: ALOT), a leading provider of mission critical identification and marking solutions across the aerospace &amp; defense and labeling &amp; packaging industries, today announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management (\u201cArcline\u201d), a growth-oriented private equity firm, in an all-cash transaction with a total enterprise value of approximately $272 million; AstroNova shareholders will receive $29.00 per share in cash. Upon completion of the transaction, AstroNova will become a privately held company. The transaction was unanimously approved by AstroNova\u2019s Board of Directors and follows the Company\u2019s previously announced review of strategic alternatives intended to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-973109","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction WEST WARWICK, R.I.&#8211;(BUSINESS WIRE)&#8211;AstroNova, Inc. (Nasdaq: ALOT), a leading provider of mission critical identification and marking solutions across the aerospace &amp; defense and labeling &amp; packaging industries, today announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management (\u201cArcline\u201d), a growth-oriented private equity firm, in an all-cash transaction with a total enterprise value of approximately $272 million; AstroNova shareholders will receive $29.00 per share in cash. Upon completion of the transaction, AstroNova will become a privately held company. The transaction was unanimously approved by AstroNova\u2019s Board of Directors and follows the Company\u2019s previously announced review of strategic alternatives intended to &hellip; Continue reading &quot;AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-17T12:34:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260617421616r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction\",\"datePublished\":\"2026-06-17T12:34:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\\\/\"},\"wordCount\":1559,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260617421616r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astronova-to-be-acquired-by-arcline-for-29-00-per-share-in-all-cash-transaction\\\/\",\"name\":\"AstroNova to be Acquired by Arcline for $29.00 per Share in All Cash Transaction - 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