Announced
Completed
Financials
Sources
Tags
pressure technology products
Acquisition
Friendly
Private Equity
Machinery: Industrial
Private
United States
Domestic
Single Bidder
Majority
Completed
Synopsis
IDEX, a publicly traded company engaged in the development, design, and manufacture of fluidics systems and specialty engineered products, completed the acquisition of Airtech, a provider of highly engineered pressure technology products, from private equity firm EagleTree Capital for $470m. "The acquisition of Airtech expands our expertise in specialized, high-performing air moving technologies, increasing our ability to serve customers’ needs," Eric Ashleman, IDEX CEO and President.
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