Dover Corporation acquires AvaLAN Wireless Systems, Inc.
Snapshot
Dover Corporation acquired AvaLAN Wireless Systems, Inc. for $34.1 million in April 2021. The transaction was structured as all cash. AvaLAN Wireless Systems, Inc. is a Clean Energy & Fueling business.
- Acquirer
- Dover Corporation
- Target
- AvaLAN Wireless Systems, Inc.
- Value
- $34.1 million
- Date
- April 2021
- Type
- full acquisition
- Status
- ready
The deal at a glance
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
No advisory firms have been disclosed for this transaction.