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Announced

Completed

Nova Ventures completed the acquisition of Controls from Wise Equity.

Financials

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

Tags

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Private

Majority

Disposal

Italy

testing equipment

producing

Electronic Equipment: Gauges and Meters

Acquisition

Private Equity

Friendly

Single Bidder

Cross Border

Completed

Synopsis

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Nova Ventures, a semiconductor company, completed the acquisition of Controls, a supplier of laboratory and on-site precision testing equipment, from private equity firm Wise Equity. Financial terms were not disclosed. "Controls is the perfect foundation to our new Nova Measurements platform focused on metering, monitoring, and measuring technologies. We look forward to working with the Controls management team and continuing the company’s mission, vision, and values ensuring its continued growth and success by expanding its product portfolio and global footprint," Jim Barbookles, Nova Measurements Chairman and CEO.

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