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Tag: LittleJohn


Jun
26
2019

KAMAN ANNOUNCES SALE OF DISTRIBUTION SEGMENT TO LITTLEJOHN & CO. FOR $700 MILLION IN CASH

Posted by jhadmin

BLOOMFIELD, Conn.--Jun. 26, 2019-- Kaman Corporation (NYSE:KAMN) today announced that it has entered into a definitive agreement to sell its Distribution segment to affiliates of Littlejohn & Co., LLC (Littlejohn) for total cash consideration of $700 million subject to customary closing conditions and working capital adjustments. The transaction value represents a multiple of 10.4 times trailing twelve-month (TTM) Segment Adjusted EBITDA* for the Distribution segment.

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Tags: Kaman LittleJohn
Categories: Press Releases

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