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Announced

Completed

Process Sensing Technologies completed the acquisition of SensoScientific.

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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environmental monitoring solutions

Single Bidder

Friendly

United States

Private

Environmental / Waste Management

Domestic

Completed

Majority

temperature monitoring

Acquisition

Synopsis

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Process Sensing Technologies, a provider of measurement and monitoring solutions for process-critical applications, completed the acquisition of SensoScientific, a specialist in remote, IoT-based environmental monitoring solutions serving customers in healthcare and life science markets. Financial terms were not disclosed. "SensoScientific and PST are a strong fit and we see great potential to continue the impressive growth of the business alongside our existing RMS offering. The SensoScientific team is well respected in the sector, and their expertise will help to strengthen our monitoring capabilities and relationships with customers across a range of continuous remote monitoring applications and markets," Adam Markin, PST CEO.

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