Acacia Research Acquires Deflecto for $103.7M

Acacia Research Corporation announced it has acquired Deflecto Acquisition, Inc., a specialty manufacturer serving HVAC, commercial transportation, and office markets, for $103.7 million. The transaction is expected to be immediately accretive to free cash flow and earnings per share, with Deflecto projected to generate $128-$136 million in revenue in 2024.

“Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announced today that is has acquired Deflecto Acquisition, Inc. (“Deflecto”) for $103.7 million (the “Transaction”).”

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