ADVANCED ENERGY INDUSTRIES INC acquires LumaSense Technologies
Snapshot
ADVANCED ENERGY INDUSTRIES INC acquired LumaSense Technologies for approximately $85 million in cash (including $5.85 million escrow) in September 2018. The transaction was structured as all cash. LumaSense Technologies is a Temperature and gas measurement / sensing business.
- Acquirer
- ADVANCED ENERGY INDUSTRIES INC
- Target
- LumaSense Technologies
- Value
- approximately $85 million in cash (including $5.85 million escrow)
- Date
- September 2018
- Type
- merger
- Status
- ready
The deal at a glance
About this deal
ADVANCED ENERGY INDUSTRIES INC acquired LumaSense Technologies for approximately $85 million in cash (including $5.85 million escrow), a transaction completed in September 2018, structured as all cash. The deal was a merger.
LumaSense Technologies operates in Temperature and gas measurement / sensing. LumaSense Technology Holdings, Inc., acquired via the merger of Eclipse Merger Sub, Inc. into LumaSense, with LumaSense surviving as a wholly-owned indirect subsidiary of Advanced Energy. Aggregate consideration was approximately $85 million in cash.
No advisory firms have been disclosed for this transaction.