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New Deal


Announced

IDEX Corporation to acquire Nexsight for $120m.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA2.4x
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Acquisition

Majority

Pending

Environmental / Waste Management

Single Bidder

wastewater infrastructure

Domestic

Friendly

Synopsis

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IDEX Corporation, a company serving high growth specialized markets known for expertise in highly engineered fluidics systems and components, agreed to acquire Nexsight, a wastewater infrastructure provider, for $120m. “We intend to continue growing our presence in intelligent water technologies, where we can help predict and identity wastewater system issues early, preventing them from causing property damage, harming the environment and impacting public health,” Eric Ashleman, IDEX CEO and President.

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