Announced
Completed
Financials
Tags
Single Bidder
measurement solutions
Private Equity
Friendly
Acquisition
Majority
Private
United Kingdom
Cross Border
Machinery: Industrial
Completed
Synopsis
One Equity Partners, a private equity firm, completed the acquisition of Measurement Solutions business from TechnipFMC, a global oil and gas company. Financial terms were not disclosed. “We are thrilled to be partnering with Guidant’s talented management team. Its creation came about through consistent collaboration between the management team, OEP’s team, and a large group of dedicated outside advisors to complete a complex corporate carve-out, involving three separate business units spread across multiple countries. The newly standalone Guidant is well-positioned to build on the significant collective, global strengths of its existing measurement platforms and to grow via transformational acquisitions,” J.B. Cherry, One Equity Partners Partner.
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