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. To learn more about our attorneys and our environmental practice, please click here. About Shipman & Goodwin LLPShipman’s value lies in its commitment to its clients, to the profession and to the community. With more than 140 lawyers in offices throughout Connecticut and New York, the full-service law firm serves the needs of local, regional, national and international clients that include public and private companies, educational institutions, governmental entities, non-profit organizations and individuals. Shipman is committed to diversity, equity and inclusion within the firm, the legal profession and the community. Shipman has participated in Diversity Lab’s Mansfield Rule since 2019 and earned Mansfield Certification Plus status for the third consecutive year in 2022. Shipman was also recognized by Women Inc. Magazine as one of the "Top 100 Law Firms for Women." The National Law Journal also ranked Shipman as the eighth most inclusive firm for women in their 2021 national survey. For more information, visit www.shipmangoodwin.com.