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New Deal


Announced

Photonis to acquire Telops.

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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Friendly

Pending

Canada

diagnostics imaging systems

Electronic Components and Equipment

Acquisition

Cross Border

Private

Majority

Single Bidder

Synopsis

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Photonis, a differentiated technology provider for defence and industrial markets. agreed to acquire Telops, a thermal IR & hyperspectral imaging systems provider. Financial terms were not disclosed. “We are pleased to welcome Jean Giroux and the whole TELOPS team in Photonis Group. With this acquisition, we continue to extend our technology expertise by adding hyperspectral capabilities to our portfolio. It will open the way to enter the North American methane detection market with key assets and contribute to our pursuit of building a safer world," Jérôme Cerisier, Photonis CEO.

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