{"id":998353,"date":"2026-08-26T16:33:39","date_gmt":"2026-08-26T20:33:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/arcline-investment-management-and-astronova-announce-completion-of-transaction\/"},"modified":"2026-08-26T16:33:39","modified_gmt":"2026-08-26T20:33:39","slug":"arcline-investment-management-and-astronova-announce-completion-of-transaction","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arcline-investment-management-and-astronova-announce-completion-of-transaction\/","title":{"rendered":"Arcline Investment Management and AstroNova Announce Completion of Transaction"},"content":{"rendered":"

<\/p>\n

Arcline Investment Management and AstroNova Announce Completion of Transaction<\/b><\/p>\n

Acquisition extends and expands the opportunity for the businesses of AstroNova to create value for its customers and partners<\/i><\/p>\n

WEST WARWICK, R.I.–(BUSINESS WIRE<\/a>)–AstroNova, Inc<\/a>. and Arcline Investment Management jointly announced today the previously announced acquisition of AstroNova by affiliates of Arcline has been completed. Under the terms of the transaction, affiliates of Arcline acquired all outstanding common stock of AstroNova for $29.00 per share in an all-cash transaction.<\/p>\n

\nWith the completion of the transaction, AstroNova shareholders are entitled to receive $29.00 in cash for each share of common stock they owned as of the closing. AstroNova will cease trading and the Company will no longer be listed on the Nasdaq.<\/p>\n

\nShareholders will soon receive a letter of transmittal and instructions for use in effecting the surrender of any stock certificates (or effective affidavits of loss in lieu thereof), book-entry shares and\/or such other documents as may be required in exchange for the merger consideration. Shareholders should wait to receive the letter of transmittal before surrendering their share certificates. Shareholders of the Company that hold shares in street name will receive the merger consideration in their brokerage or similar accounts.<\/p>\n

About AstroNova, Inc.<\/b><\/p>\n

\nAstroNova (Nasdaq: ALOT) is a leading provider of mission critical identification and marking solutions in aerospace & defense and labeling & 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

\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

\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

\nFor more information, please visit: www.astronovainc.com<\/a>.<\/p>\n

About Arcline<\/b><\/p>\n

\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 www.arcline.com<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\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 AstroNova\u2019s future opportunities as a privately held company. These statements are based on expectations, estimates, and assumptions as of the date of this press release 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

\nThese risks and uncertainties include, among others, the effect of the transaction on AstroNova\u2019s business relationships, operating results, and business generally; risks related to integrating operations following the transaction; and other risks described in AstroNova\u2019s prior filings with the SEC. AstroNova undertakes no obligation to update any forward-looking statements, except as required by applicable law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260826937941\/en\/<\/a><\/span><\/p>\n

AstroNova Contact:
\n<\/b>
Deborah K. Pawlowski, IRC
\n
Alliance Advisors IR
\n
Email: dpawlowski@allianceadvisors.com
\n<\/a>
Phone: 716.843.3908<\/p>\n

Arcline Contact
\n<\/b>
Jon Keehner \/ Tim Ragones \/ Erik Carlson
\n
Joele Frank, Wilkinson Brimmer Katcher
\n
212-355-4449
\n
Arcline-jf@joelefrank.com<\/a><\/p>\n

KEYWORDS:<\/b> Rhode Island United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Networks Other Defense Hardware Office Products Data Management Technology Defense Retail Packaging Engineering Aerospace Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Arcline Investment Management and AstroNova Announce Completion of Transaction Acquisition extends and expands the opportunity for the businesses of AstroNova to create value for its customers and partners WEST WARWICK, R.I.–(BUSINESS WIRE)–AstroNova, Inc. and Arcline Investment Management jointly announced today the previously announced acquisition of AstroNova by affiliates of Arcline has been completed. Under the terms of the transaction, affiliates of Arcline acquired all outstanding common stock of AstroNova for $29.00 per share in an all-cash transaction. With the completion of the transaction, AstroNova shareholders are entitled to receive $29.00 in cash for each share of common stock they owned as of the closing. AstroNova will cease trading and the Company will no longer be listed on the Nasdaq. Shareholders … <\/p>\n

Continue reading “Arcline Investment Management and AstroNova Announce Completion of Transaction”<\/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-998353","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nArcline Investment Management and AstroNova Announce Completion of 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\/arcline-investment-management-and-astronova-announce-completion-of-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arcline Investment Management and AstroNova Announce Completion of Transaction - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Arcline Investment Management and AstroNova Announce Completion of Transaction Acquisition extends and expands the opportunity for the businesses of AstroNova to create value for its customers and partners WEST WARWICK, R.I.–(BUSINESS WIRE)–AstroNova, Inc. and Arcline Investment Management jointly announced today the previously announced acquisition of AstroNova by affiliates of Arcline has been completed. Under the terms of the transaction, affiliates of Arcline acquired all outstanding common stock of AstroNova for $29.00 per share in an all-cash transaction. With the completion of the transaction, AstroNova shareholders are entitled to receive $29.00 in cash for each share of common stock they owned as of the closing. AstroNova will cease trading and the Company will no longer be listed on the Nasdaq. 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