Extract from M&A Insights

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Hexagon acquires Digital Wave Corporation for NOK 61.8m
October 29, 2018

Hexagon Composites acquires US-based Digital Wave Corporation. Digital Wave is a leading testing technology company. Digital wave’s capabilities will be used for testing and requalification of high-pressure cylinders. Digital Wave reported NOK 31.4m in net sales and adjusted EBITDA of NOK 3m in 2017. This corresponds to an EV/EBITDA of 20.6x for the transaction.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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