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Albion River Acquires Arotech Corporation
February 4, 2025 | BUSINESS WIREEstimated reading time: Less than a minute
Albion River is proud to announce the acquisition of Arotech from Greenbriar Equity Group. Headquartered in Ann Arbor, Michigan, Arotech is a recognized leader in high-fidelity training and simulation, portable power systems, and advanced electronics manufacturing, serving global defense and security customers.
Dean Krutty, CEO of Arotech, commented, “We are excited to join forces with Albion River as we embark on this next phase of growth. With Albion River’s resources and expertise, we are poised to expand our global footprint, enhance our product offerings, pursue strategic acquisitions, and continue delivering for our customers.” Arotech’s existing management team, led by Dean Krutty, will continue in their existing roles.
Bryan Cave Leighton Paisner LLP served as legal advisor to Albion on the transaction. 3Wire Partners served as financial advisor and Kirkland & Ellis LLP served as legal advisor to Greenbriar Equity Group on the transaction.
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