Shipman Assists Client Kaman Corp. With $1.8 Billion Acquisition by Arcline

On April 19, 2024, Shipman & Goodwin’s longstanding client, Kaman Corporation, a Connecticut-based diversified aerospace and industrial company, was acquired by private equity firm Arcline Investment Management, L.P. in a “take-private” transaction with a total enterprise value of approximately $1.8 billion.  Shipman’s attorneys Andrew Davis, Matt Ranelli, Alfredo Fernández, Sarah Kettenmann and Scarlett Lara-Alcantara advised Kaman on the transaction’s environmental matters.