Sale to Babcock & Wilcox Enterprises, Inc.

Industrial
Sale to Babcock & Wilcox Enterprises, Inc.

Summary

Baird served as the financial advisor to Universal Acoustic & Emission Technologies, Inc. on this transaction

About

Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE:BW) recently completed the acquisition of Universal Acoustic & Emission Technologies, Inc. (“Universal” or the “Company”).

B&W is a global leader in energy and environmental technologies and services for the power generation and industrial markets. B&W employs approximately 5,700 people, globally. B&W is headquartered in Charlotte, North Carolina.

Universal provides custom-engineered acoustic, emission and filtration solutions to the natural gas power generation, mid-stream natural gas pipeline, locomotive and general industrial end-markets. The Company employs approximately 460 people, mainly in the United States and Mexico. Universal was founded in 1959 and is headquartered in Stoughton, Wisconsin.
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Industrial
Sale to Babcock & Wilcox Enterprises, Inc.
Date
January 2017
Company
Universal Acoustic & Emission Technologies, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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