Deal
Dover Corporation acquires The Espy Corporation
September 2021
Full acquisition
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The deal at a glance
Private-market deal
Dover Corporation acquires The Espy Corporation
Deal value
$60.5 million
Sector
Engineered Products
Date
September 2021
VectorShift
Made on VectorShift
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
Advisors not disclosed
No advisory firms have been disclosed for this transaction.