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New Deal


Announced

IGI-backed Test Industry to acquire TS TestingService and TS Gim.

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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Acquisition

Capital Goods

Germany

Pending

Private

Cross Border

measuring devices

Private Equity

Friendly

Majority

Single Bidder

Synopsis

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IGI-backed Test Industry, a firm active in the industrial testing sector, agreed to acquire providers of measuring equipment TS TestingService and TS Gim. Financial terms were not disclosed. "The double acquisition will allow Test Industry to grow internationally and establish itself in new European markets. Now we can focus on a greater reinforcement and organization of management so as to adequately support the company's growth path," Paolo Mastrostefano, Test Industry CEO.

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