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Announced

Completed

3i Infrastructure completed the acquisition of Ionisos from Ardian for $245m.

Financials

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Transaction Value£197m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

medical devices

Private

France

Friendly

Acquisition

Private Equity

Medical Equipment

ionising radiation sterilisation

Single Bidder

Majority

Synopsis

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3i Infrastructure, a European investment firm, completed the acquisition of Ionisos, a manufacturer of medical sterilization devices, from Ardian for $245m. "Ionisos is a defensive business that has grown organically and through bolt-on M&A. We look forward to working with the management team to continue its strong track record of providing market-leading services while growing its presence across Europe," Phil White, 3i Infrastructure Investment Manager.

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