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
Advisory firms were not disclosed for this transaction.