Ropes & Gray represented Arcline Investment Management in its definitive agreement to acquire Avantus Aerospace Group Limited, a provider of engineered shims and fasteners for the global aerospace and defense industries. The transaction was announced on July 1.
Avantus is a growth-oriented private equity firm with over $30 billion in assets under management. Financial terms of the transaction were not disclosed.
The team was led by private equity partners Carl Marcellino and Libby Todd, and private equity counsel Jeremy Zucker, and included tax partners Brandon Dunn and Chris Agnoli.
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