Andera Partners, Walter Capital Partners back consolidation of Spherea and Averna

The consolidation will create a global test and quality engineering solutions business.

  • The deal will see Spherea take full ownership of Averna
  • The transaction is valued at more than $320 million
  • The deal is expected to close by the end of December

Spherea, a portfolio company of Andera Partners, has agreed to consolidate with Averna, backed by Walter Capital Partners and other investors, to create a global test and quality engineering solutions business.

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