IDEX Corporation acquired Advanced Thin Films, LLC (AT Films) for approximately $32.0 million (cash), a transaction completed in January 2011, structured as all cash (membership interests).
Advanced Thin Films, LLC (AT Films) operates in Health & Science Technologies (Optics), is based in Boulder, Colorado, USA, had revenue of about approximately $9 million annual revenue. Specializes in optical components and coatings for scientific research, defense, aerospace, telecommunications and electronics manufacturing; core competence in the design and manufacture of filters, splitters, reflectors and mirrors. Headquartered in Boulder, Colorado.
Health & Science Technologies segment
On January 31, 2011, the Company acquired the membership interests of AT Films. AT Films specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing.
Advisory firms were not disclosed for this transaction.