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New Deal


Announced

Battery Ventures to acquire SST Sensing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

liquid-level detection

Majority

Electronic Components and Equipment

oxygen measurement

Venture Capital

Acquisition

Pending

Private

Friendly

Private Equity

Single Bidder

Synopsis

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Process Sensing Technologies, a portfolio company of Battery Ventures, agreed to acquire SST Sensing, a global provider of oxygen-measurement and liquid-level sensors. Financial terms were not disclosed. SST’s products help improve product quality; protect the health and safety of operating personnel and their production environments; and preserve capital equipment and investments by optimizing operating efficiencies. “SST’s strong technological reputation for oxygen measurement is highly complementary to the other businesses in PST’s portfolio, and the company will broaden PST’s existing oxygen-measurement portfolio to include zirconium oxide and optical-sensing capabilities.” Adam Markin, PST Group CEO.

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