IDEX Corporation acquired CiDRA Precision Services, LLC (CPS) for $24.2 million (incl. $19.5M cash), a transaction completed in July 2015, structured as combination (membership interests).
CiDRA Precision Services, LLC (CPS) operates in Health & Science Technologies, is based in Wallingford, Connecticut, USA, had revenue of about approximately $9 million annual revenue. Leader in the design, manufacture and sale of microfluidic components serving the life science, health and industrial markets. Located in Wallingford, Connecticut.
Provides a critical building block to IDEX's emerging microfluidic and nanofluidic capabilities. Health & Science Technologies segment
On July 1, 2015, the Company acquired the membership interests of CiDRA Precision Services, LLC (“CPS”), a leader in the design, manufacture and sale of microfluidic components serving the life science, health and industrial markets.
Advisory firms were not disclosed for this transaction.