Arsenal Capital buys majority of Fralock
Arsenal Capital Partners said April 17 that has acquired a majority stake in Fralock. Financial terms weren’t announced. Fralock, of Valencia, California, is a specialty materials company that designs, engineers, and makes components and subassemblies for companies in the semiconductor equipment, life science, aerospace, and satellite industries. FocalPoint Partners LLC acted as financial adviser, and Sheppard Mullin Richter & Hampton LLP acted as legal adviser to Fralock. Houlihan Lokey was financial adviser, and Kirkland & Ellis LLP was legal adviser to Arsenal.
17 April 2018•3 mins read
