Dover Corporation acquired The Espy Corporation for $60.5 million, a transaction completed in September 2021, structured as all cash.
The Espy Corporation operates in Engineered Products. The Espy Corporation (Espy) is a manufacturer of advanced electronic radio frequency sensor systems. Acquired 100 percent of the voting stock for $60.5 million, net of cash acquired. Strengthens the Company's offering of complete signal intelligence systems with integrated software.
Espy strengthens Dover's signal intelligence and RF sensor systems offering with integrated software.
Engineered Products
Advisory firms were not disclosed for this transaction.