About This Deal
Dover Corporation acquired AvaLAN Wireless Systems, Inc. for $34.1 million, a transaction completed in April 2021, structured as all cash.
AvaLAN Wireless Systems, Inc. operates in Clean Energy & Fueling. AvaLAN Wireless Systems Incorporated (AvaLAN) is a provider of secure wireless communications solutions for the convenience and fuel retail industry. Acquired 100 percent of the voting stock for $34.1 million, net of cash acquired.
AvaLAN extends Dover's systems and software offering for convenience and fuel retail.
Clean Energy & Fueling
Deal Terms
Acquirer
Dover Corporation
Target
AvaLAN Wireless Systems, Inc.
Value
$34.1 million
Date
April 2021
Type
Full acquisition
Status
Ready
Transaction Details
Segment
Clean Energy & Fueling
Structure
All cash
Announced
April 19, 2021
Closed
April 19, 2021
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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