IDEX Corporation acquired Finger Lakes Instrumentation (FLI) for $23.6 million (incl. $20.2M cash + $3.4M contingent), a transaction completed in July 2018, structured as combination (cash plus contingent consideration).
Finger Lakes Instrumentation (FLI) operates in Health & Science Technologies, is based in Lima, New York, USA. Technology leader in the design, development and production of low-noise cooled CCD and high-speed, high-sensitivity Scientific CMOS cameras for the astronomy and life science markets. Headquartered in Lima, New York.
Health & Science Technologies segment
On July 23, 2018, the Company acquired Finger Lakes Instrumentation (“FLI”), a technology leader in the design, development and production of low-noise cooled CCD and high speed, high-sensitivity Scientific CMOS cameras for the astronomy and life science markets.
Advisory firms were not disclosed for this transaction.