ADVANCED ENERGY INDUSTRIES INC acquired LumaSense Technologies for approximately $85 million in cash (including $5.85 million escrow), a transaction completed in September 2018, structured as all cash. The deal was a Merger.
LumaSense Technologies operates in Temperature and gas measurement / sensing. LumaSense Technology Holdings, Inc., acquired via the merger of Eclipse Merger Sub, Inc. into LumaSense, with LumaSense surviving as a wholly-owned indirect subsidiary of Advanced Energy. Aggregate consideration was approximately $85 million in cash.
On September 1, 2018, Advanced Energy Industries, Inc. completed its previously announced acquisition of LumaSense Technology Holdings, Inc. through the merger of Eclipse Merger Sub, Inc. with and into LumaSense, with LumaSense surviving as a wholly-owned indirect subsidiary of Advanced Energy. The aggregate consideration paid in the Merger was approximately $85 million in cash.Advanced Energy, Form 8-K (Item 2.01), filed September 4, 2018
Advisory firms were not disclosed for this transaction.