Arsenal loads up $45M for Cyalume

Commercial Products | Fort Lauderdale, FL | Buyout

Arsenal Capital Partners has agreed to purchase Cyalume Technologies, a chemicals and pharmaceuticals business, for $45 million in cash. Cyalume is perhaps best known for providing light sticks, luminescent ammunition and infrared devices to the military market. The company also makes other specialty chemicals and pharmaceutical components for the medical and commercial sectors.

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