M&A
confidence high
sentiment neutral
materiality 0.75
CVD EQUIPMENT CORP (CVV): M&A transaction — CVD Equipment sells SDC division for $16.9M cash; net proceeds ~$15.0M after costs
CVD EQUIPMENT CORP
- Sale to Atlas Copco subsidiary closed April 1, 2026; $900K placed in escrow for adjustments.
- Net cash proceeds expected ~$15.0M after transaction expenses and taxes.
- CVD retains Saugerties, NY facility; leases to buyer for 2 years at $182,750 annual rent.
- Pro forma: SDC contributed $7.6M revenue (2025) and $7.8M (2024); eliminated from continuing ops.
- Pro forma gain on disposition estimated at $13.1M (non-cash, excluded from operations).