Cadence to be acquired by N.Y.-based equity firm

CRANSTON – Cadence Inc., the Staunton, Va.-headquartered end-to-end engineering and manufacturing service company with an operation in Cranston has entered an agreement to be acquired by private-equity firm Kohlberg & Company LLC, headquartered in Mount Kisco, N.Y., the company announced last week. Kohlberg intends to maintain current Cadence operations and keep the company’s president and…

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