Gibson Dunn Guides Aurora In $267M Buy Of Engineering Co.

Law360, New York (August 16, 2013, 1:58 PM EDT) -- Los Angeles private equity firm Aurora Capital Group has struck an approximately $267 million deal to pick up National Technical Systems Inc. and take the aerospace, defense and transportation-focused engineering and testing company private, according to a Friday announcement.

Per the deal, an Aurora unit will be coughing up $23 for each of NTS's 11,620,695 outstanding shares, according to filings with the U.S. Securities and Exchange Commission. Aurora then plans to deregister NTS from NASDAQ, it said.

The deal is expected to be funded by a...
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