Kohlberg to buy Cadence

Kohlberg & Company has agreed to buy Cadence Inc. Financial terms weren’t announced. Cadence, of Staunton, Virginia, provides complex high-precision components and finished devices for advanced surgical and specialty industrial applications. Piper Jaffray provided financial advice to Cadence, while DLA Piper LLP (US) served as legal adviser to Cadence. Baird served as financial adviser, while Ropes & Gray LLP was the attorney for Kohlberg.

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