Arcline Investment Management has completed its all-cash acquisition of AstroNova Inc. at $29.00 per share, according to a filing dated August 26, 2026.
The deal marks the end of AstroNova’s public listing on the Nasdaq, where the company had traded under the ticker ALOT. AstroNova, headquartered in West Warwick, Rhode Island, provides identification and marking solutions across aerospace, defense, labeling, and packaging industries.
The company operates through two segments: Aerospace, which manufactures airborne printing systems, avionics, and data acquisition products; and Product Identification, which supplies marking hardware, software, and consumables for OEMs, commercial printers, and brand owners. Arcline, a private equity firm managing over $30 billion in assets, acquired all outstanding common shares of AstroNova, eliminating its public equity status.
Shareholders will receive $29.00 in cash per share, with instructions for surrendering stock certificates or book-entry shares outlined in a letter of transmittal. Investors holding shares in street name will receive payment through their brokerage accounts.
