IDEX Corporation acquired Precision Photonics Corporation (PPC) for $20.6 million (cash), a transaction completed in April 2012, structured as all cash (stock acquisition).
Precision Photonics Corporation (PPC) operates in Health & Science Technologies (Optics), is based in Boulder, Colorado, USA, had revenue of about approximately $7 million annual revenue. Specializes in optical components and coatings for applications in scientific research, aerospace, telecommunications and electronics manufacturing. Located in Boulder, Colorado.
Health & Science Technologies segment (IOP platform)
On April 11, 2012, the Company acquired the stock of Precision Photonics Corporation (“PPC”). PPC specializes in optical components and coatings for applications in the fields of scientific research, aerospace, telecommunications and electronics manufacturing.
Advisory firms were not disclosed for this transaction.