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New Deal


Announced

Completed

Luna Innovations completed the acquistion of Silixa for $38m.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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fiber optic solutions

Acquisition

Completed

United Kingdom

Chemicals and Synthetic Fibres

Friendly

Single Bidder

Cross Border

Private

Majority

Synopsis

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Luna Innovations, an advanced fiber optic-based technology company, completed the acquisition of Silixa, a UK-based distributor of fiber optic sensing solutions, for $38m. “The addition of Silixa not only elevates the portfolio of solutions we already offer in our key end markets, but also further strengthens our position as an enabler of energy transition by extending our reach into exciting new growth sectors, such as carbon capture and storage, as well as into monitoring processes that will help sustain ecosystems and safeguard fragile environments. Silixa brings important technology capabilities and strong talent that we expect to leverage across our EMEA footprint, which we expect will drive profitable growth across our European enterprise,” Scott Graeff, Luna Innovations President and CEO.

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