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New Deal


Announced

IDEX Corporation completed the acquisition of Iridian Spectral Technologies.

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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optical products

Telecommunications Equipment

Canada

Acquisition

Cross Border

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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IDEX Corporation, a diversified, engineered products company, completed the acquisition of Iridian Spectral Technologies, an optical products manufacturer. Financial terms were not disclosed. “The addition of Iridian expands our already strong array of optical technology offerings and aligns with our company’s strategic growth plans. We welcome the Iridian team to IDEX, where they will increase our offerings in core markets we serve now and allow us to expand into new ones,” Eric Ashleman, IDEX CEO and President.

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