BIO-RAD LABORATORIES, INC. acquired Propel Labs cell sorting system for $5.0 million in cash at closing (plus contingent consideration recognized for the cell sorting system), a transaction completed in August 2012, structured as all cash plus contingent consideration. The deal was a Asset purchase.
Propel Labs cell sorting system operates in Life Science, is based in Fort Collins, Colorado, USA. In August 2012, Bio-Rad acquired from Propel Labs, Inc. a new cell sorting system.
Life Science segment
In August 2012, we acquired from Propel Labs, Inc. a new cell sorting system that included $5.0 million in cash at the closing date.Bio-Rad Laboratories FY2014 10-K, acquisitions disclosure
Advisory firms were not disclosed for this transaction.