Over $4 billion deployed across disclosed transactions — anchored by Mott (~$982M), CVI Melles Griot (~$400M), SFC Koenig ($241M), Akron Brass ($224M), STC Material Solutions ($200M).
Active acquisition years
2006 · 2008
up to 5 deals in a single year (2008 optics/water cluster).
Primary sectors
Niche fluidics, pumps, optics/photonics and scientific instrumentation
across the Fluid & Metering Technologies, Health & Science Technologies, and Fire & Safety/Diversified Products segments. Targets: CVI Melles Griot, Mott, Akron Brass, SFC Koenig, Banjo, ADS, Semrock.
Verified36 deals on this page · sourced from SEC filings
All cross-references covered.
Timeline
36 deals, $4B deployed.
Plotted by close date where disclosed, otherwise announcement. Click any marker to jump to the deal entry.
The playbook
The rationale that repeats.
Three patterns show up across IDEX's deal book — what the team buys, how it pays, and how it integrates. The patterns are the throughline; the individual deals below are the evidence.
01
Acquisition criteria
Platform-then-tuck-in compounding.
IDEX repeatedly buys a sizable platform and then bolts smaller businesses onto it over many years. Hale Products (1994) anchored fire & rescue, later joined by Class 1, Akron Brass and AWG Fittings; ADS (2008) anchored water monitoring, later joined by iPEK, IETG and Nexsight; CVI Melles Griot (2011) anchored optics & photonics, later joined by Semrock, Advanced Thin Films, Precision Photonics and Iridian.
Nearly every IDEX deal is funded with cash on hand or revolver borrowings and targets a market-leading maker of highly engineered components — pumps, valves, seals, flow meters and optical filters — rather than broad platforms. Management describes targets as a 'leader' or 'global leader' in a defensible niche, paying for proprietary technology and pricing power across fluidics, metering and scientific instrumentation.
Migration up the value chain toward science and semiconductors.
Early IDEX deals centered on industrial pumps and dispensing; the recent cadence (STC Material Solutions, Iridian, Muon Group, Mott, Micro-LAM) concentrates on materials science, optics and micro-precision components for semiconductor, life-science and space/defense markets. The Mott acquisition — IDEX's largest ever at roughly $982 million — explicitly targets semiconductor wafer fab equipment, energy transition and medical technologies.
36 acquisitions. Click any row to see the deal value, financing structure, target revenue, executive commentary, and the original SEC filing — the evidence behind the patterns above.
Leading microfiltration business specializing in the design, customization and manufacturing of sintered porous metal components and engineered solutions used in fluidic applications. Headquartered in Farmington, Connecticut.
Capabilities acquired
sintered porous metal componentsmicrofiltrationengineered fluidic solutions
The addition of Mott supports our strategy to deliver long-term, compounding value to our customers, employees, and shareholders, which includes targeted inorganic growth funded by strong cash flow generation.
Eric D. AshlemanChief Executive Officer and President, IDEX
Global leader in the manufacturing of safety equipment and emergency response equipment, operating under the Akron Brass and Weldon brand names; produces a large array of engineered life-safety products including apparatus valves, monitors, nozzles, specialty lighting, electronic vehicle-control systems and firefighting hand tools. Acquired from Premier Farnell plc.
Capabilities acquired
apparatus valvesmonitorsnozzlesspecialty lightingelectronic vehicle-control systemsfirefighting hand tools
We are pleased to announce the Akron Brass transaction, and look forward to welcoming them to the IDEX family. Akron Brass' world-class brands and presence as a premier manufacturer of firefighting equipment are an excellent strategic fit within our existing Fire Suppression platform.
Andy SilvernailChairman and Chief Executive Officer, IDEX
Global leader in the design and manufacture of precision photonic solutions used in the Life Sciences, Research, Semiconductor, Security and Defense markets; products include specialty lasers and light sources, electro-optical components, opto-mechanical assemblies, aspheric lenses, laser mirrors, interference filters and polarizers. Acquired from Norwest Equity Partners.
Why it was attractive
01Expected to be accretive to IDEX's earnings within the first full year after acquisition
Capabilities acquired
specialty lasers and light sourceselectro-optical componentsopto-mechanical assembliesaspheric lenseslaser mirrorsinterference filterspolarizers
We are thrilled with the opportunity to add CVI to IDEX as the cornerstone to our rapidly expanding optics and photonics platform. CVI is a true leader in the field of high precision optical devices.
Larry KingsleyChairman and Chief Executive Officer, IDEX
Leading provider of metering technology and flow monitoring services for the water and wastewater markets. Headquartered in Huntsville, Alabama, with regional sales and service offices throughout the United States and Australia.
Provider of special purpose, severe duty pumps, valves, fittings and systems used in liquid handling; products serve agricultural and industrial applications. Based in Crawfordsville, Indiana.
Capabilities acquired
severe-duty pumpsvalvesfittingsliquid-handling systems
IDEX, through its subsidiary HPI Acquisition Corporation, purchased all outstanding common stock of Hale Products, Inc.; Hale is a leading manufacturer of fire-truck pumps and rescue equipment.
On July 29, 2025, the Company acquired Micro-LAM, Inc. in a stock acquisition. Micro-LAM is an advanced optics manufacturer of laser-assisted machining, ultra-precision diamond tools and custom optics that is complementary to the Company's Optics Technologies solutions.
Global leader in designing and manufacturing thin-film, multi-layer optical filters serving the laser communications, telecommunications and life sciences markets. Headquartered in Ottawa, Canada.
On May 19, 2023, the Company acquired Iridian Spectral Technologies in a stock acquisition. Iridian is a global leader in designing and manufacturing thin-film, multi-layer optical filters serving the laser communications, telecommunications and life sciences markets and expands the Company's array of optical technology offerings.
Designs and manufactures technical ceramics and hermetic sealing products for critical applications in the semiconductor, space and defense, industrial technology, medical technology and energy markets. Headquartered in St. Albans, Vermont, with operations in Santa Ana, California.
Capabilities acquired
technical ceramicshermetic sealing products
On December 14, 2023, the Company acquired STC Material Solutions in a stock acquisition. STC specializes in the design and manufacturing of technical ceramics and hermetic sealing products for critical applications in the semiconductor, space and defense, industrial technology, medical technology and energy markets.
Businesses include Envirosight, WinCan, MyTana and Pipeline Renewal Technologies; designs and creates sewer crawlers, inspection and monitoring systems and software applications that allow teams to identify, anticipate and correct wastewater system issues remotely. Headquartered in Randolph, New Jersey.
Capabilities acquired
sewer crawlerspipeline inspection and monitoring systemswastewater software
On February 28, 2022, the Company acquired Nexsight, LLC and its businesses Envirosight, WinCan, MyTana and Pipeline Renewal Technologies in a partial stock and partial asset acquisition. Nexsight complements and creates synergies with the Company's existing iPEK and ADS business units.
Leading manufacturer of electric valves and controllers used primarily in agricultural applications. Headquartered in Greenwood, Nebraska.
Capabilities acquired
electric valvescontrollersagricultural fluid control
On May 2, 2022, the Company acquired KZ CO. (“KZValve”) in an asset acquisition. KZValve is a leading manufacturer of electric valves and controllers used primarily in agricultural applications. KZValve augments and expands IDEX's agricultural portfolio, complementing Banjo's current fluid management solutions.
Designs and manufactures highly engineered reciprocating positive displacement pumps for end markets including mining, marine, power, water, wastewater and other general industries. Headquartered in Buchen, Germany, with operations in Madrid, Spain and Mansfield, Ohio.
On March 10, 2021, the Company acquired the stock of ABEL Pumps, L.P. and certain of its affiliates (“ABEL”). ABEL designs and manufactures highly engineered reciprocating positive displacement pumps for a variety of end markets, including mining, marine, power, water, wastewater and other general industries.
Privately held provider of flow measurement systems that ensure custody transfer accuracy in the oil and gas industry; engineers and manufactures small volume provers. Headquartered in Phoenix, Arizona, with operations in Houston, Texas and Pittsburgh, Pennsylvania.
Capabilities acquired
flow measurement systemssmall volume proverscustody transfer
On February 28, 2020, the Company acquired the membership interests of Flow Management Devices, LLC (“Flow MD”), a privately held provider of flow measurement systems that ensure custody transfer accuracy in the oil and gas industry.
Manufacturer of high quality specialty metal components and parts providing vertically integrated tool and die, metal stamping and metal finishing services. Headquartered in Colorado Springs, Colorado.
Capabilities acquired
tool and diemetal stampingmetal finishing
On November 23, 2020, the Company acquired Qualtek Manufacturing, Inc. (“Qualtek”), a manufacturer of high quality specialty metal components and parts by providing vertically integrated tool and die, metal stamping and metal finishing services.
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.
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.
Acquisition of the intellectual property assets of Phantom Controls; operational capabilities and pump-operation technology complement IDEX's water-flow expertise of Hale, Akron Brass and Class 1.
Capabilities acquired
fire-ground pump control technologyintellectual property
On June 22, 2018, the Company acquired the intellectual property assets of Phantom Controls (“Phantom”) for cash consideration of $4.0 million. The operational capabilities and innovative pump operation of Phantom's technology complements our existing water-flow expertise of Hale, Akron Brass and Class 1.
Leader in the design, manufacture and sale of microfluidic components serving the point-of-care, veterinary and life science markets. Headquartered in Zweibrucken, Germany.
Capabilities acquired
microfluidic componentspoint-of-care fluidics
On December 8, 2017, the Company acquired the stock of thinXXS Microtechnology AG (“thinXXS”), a leader in the design, manufacture, and sale of microfluidic components serving the point of care, veterinary, and life science markets.
Producer of engineered products for the safety and emergency response markets, including valves, monitors and nozzles. Headquartered in Ballendorf, Germany.
Capabilities acquired
firefighting valvesmonitorsnozzles
On July 1, 2016, the Company acquired the stock of AWG Fittings GmbH (“AWG Fittings”), a producer of engineered products for the safety and emergency response markets, including valves, monitors and nozzles.
Producer of highly engineered expanders and check valves for critical applications across the transportation, hydraulic, aviation and medical markets. Headquartered in Dietikon, Switzerland.
Capabilities acquired
engineered expanderscheck valvessealing plugs
On August 31, 2016, the Company acquired the stock of SFC Koenig AG (“SFC Koenig”), a producer of highly engineered expanders and check valves for critical applications across the transportation, hydraulic, aviation and medical markets.
Leader in the design, manufacture and sale of specialty sealing solutions for use in the building products, gas control, transportation, industrial and water markets. Located in Villongo, Italy.
Capabilities acquired
specialty sealing solutionselastomer seals
On May 29, 2015, the Company acquired the stock of Novotema, SpA (“Novotema”), a leader in the design, manufacture and sale of specialty sealing solutions.
Leader in the design, manufacture and sale of specialty valve products for use in the chemical, petro-chemical, energy and sanitary markets. Located in Casorezzo, Italy.
Capabilities acquired
specialty valveschemical/petrochemical valves
On June 10, 2015, the Company acquired the stock of Alfa Valvole, S.r.l (“Alfa Valvole”), a leader in the design, manufacture and sale of specialty valve products for use in the chemical, petro-chemical, energy and sanitary markets.
Leader in the design, manufacture and sale of microfluidic components serving the life science, health and industrial markets. Located in Wallingford, Connecticut.
Capabilities acquired
microfluidic componentsprecision microfabrication
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.
Producer of specialty chemical processing valves for use in the chemical, petro-chemical, chlor-alkali, pharmaceutical, semiconductor and pulp/paper industries. Located in Geismar, Louisiana.
Capabilities acquired
chemical processing valvessevere-service valves
On April 28, 2014, the Company acquired the stock of Aegis Flow Technologies (“Aegis”), a leader in the design, manufacture and sale of specialty chemical processing valves.
Specializes in the design and application of high integrity rotary seals, specialty bearings, and other custom products for the oil & gas, mining, power generation, and marine markets. Located in Leeds, England.
On March 18, 2013, the Company acquired the stock of FTL Seals Technology, Ltd (“FTL”). FTL specializes in the design and application of high integrity rotary seals, specialty bearings, and other custom products.
Specializes in optical components and coatings for applications in scientific research, aerospace, telecommunications and electronics manufacturing. Located in Boulder, Colorado.
Capabilities acquired
optical componentsoptical coatings
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.
Specializes in optical components and coatings for scientific research, defense, aerospace, telecommunications and electronics manufacturing; core competence in the design and manufacture of filters, splitters, reflectors and mirrors. Headquartered in Boulder, Colorado.
Capabilities acquired
optical filterssplittersreflectorsmirrorscoatings
On January 31, 2011, the Company acquired the membership interests of AT Films. AT Films specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing.
Leading provider of mechanical and hydraulic diaphragm pumps; provides polymer blending systems and related accessories for water, waste water, oil and gas, petro-chemical and power generation markets. Headquartered in Milan, Italy.
Capabilities acquired
diaphragm pumpspolymer blending systems
On July 21, 2010, the Company acquired the stock of OBL, S.r.l. (“OBL”), a leading provider of mechanical and hydraulic diaphragm pumps.
Leading provider of peristaltic pumps for the industrial and municipal water & waste water markets; offers a complete family of peristaltic hose pumps. Headquartered in Loveland, Ohio.
Capabilities acquired
peristaltic hose pumps
On September 17, 2010, the Company acquired the assets of Periflo, a leading provider of peristaltic pumps for the industrial and municipal water & waste water markets.
Global leader in the design and manufacture of process technologies for the pharmaceutical, food and personal care markets; manufactures customized size reduction, roll compaction and drying systems. Headquartered in Elmhurst, Illinois.
Capabilities acquired
size reductionroll compactiondrying systems
On November 1, 2010, the Company acquired the stock of Fitzpatrick, a global leader in the design and manufacture of process technologies for the pharmaceutical, food and personal care markets.
Provider of systems focused on infrastructure analysis, specifically wastewater collection systems; developer of remote controlled systems for infrastructure inspection. Headquartered in Hirschegg, Austria.
On October 14, 2008, the Company acquired the stock of iPEK, a provider of systems focused on infrastructure analysis, specifically wastewater collection systems.
Provider of nanoliter dispensing instruments for the life sciences industry; products used for assay miniaturization across High Throughput Screening, Assay Development, PCR/Sequencing and Protein Crystallography.
On November 14, 2008, the Company acquired the stock of Innovadyne, a provider of nanoliter dispensing instruments for the life sciences industry.
Leading provider of ultrasonic and helical turbine flow meters used in the custody transfer and control of high value fluids and gases. Headquartered in La Ferte Bernard, France.
Capabilities acquired
ultrasonic flow metershelical turbine flow meterscustody transfer
On February 14, 2007, the Company acquired the stock of Faure Herman, a leading provider of ultrasonic and helical turbine flow meters used in the custody transfer and control of high value fluids and gases.
Provides stabilization struts for collapsed buildings and vehicles, high-and-low pressure lifting bags and forcible entry tools for the fire and rescue markets. Based in British Columbia, Canada.
On January 12, 2006, the Company acquired the assets of Airshore International (“Airshore”), based in British Columbia, Canada. Airshore provides stabilization struts for collapsed buildings and vehicles, high-and-low pressure lifting bags and forcible entry tools for the fire and rescue markets.
Provider of low decibel, ultra quiet vacuum compressors suitable for medical, dental and laboratory applications. Based in Norresundby, Denmark.
Capabilities acquired
ultra-quiet vacuum compressorslaboratory air
On February 28, 2006, the Company acquired the stock of JUN-AIR International A/S (“JUN-AIR”), based in Norresundby, Denmark. JUN-AIR is a provider of low decibel, ultra quiet vacuum compressors suitable to medical, dental and laboratory applications.
Provider of high-precision integrated fluidics and associated engineered plastics solutions; products used in medical diagnostics, analytical instrumentation and laboratory automation. Based in Bristol, Connecticut.
On May 2, 2006, the Company acquired the stock of Eastern Plastics, Inc. (“Eastern Plastics”), a provider of high-precision integrated fluidics and associated engineered plastics solutions.
Leading provider of terminal automation systems used in the custody transfer and control of high-value fluids and gases; products include terminal automation hardware and software for the oil, gas and refined fuels markets. Based in Longwood, Florida.
Capabilities acquired
terminal automation hardware and softwarecustody transfer control
On December 1, 2006, the Company acquired the stock of Toptech Systems, Inc. (“Toptech”), a leading provider of terminal automation systems used in the custody transfer and control of high-value fluids and gases.
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