IMI plc Acquires Adaptas Solutions from Ampersand Capital Partners for $271M
December 20, 2021
IMI plc has agreed to acquire Adaptas Solutions from Ampersand Capital Partners for $271 million in cash. Adaptas, a Palmer, Massachusetts-based manufacturer of mass spectrometry subsystems, fluidic modules and lab automation components with ~340 employees and projected 2021 revenues of about $80–83 million, will join IMI Precision Engineering to deepen IMI's life sciences product offering and OEM relationships.
- Buyers
- IMI plc
- Targets
- Adaptas Solutions
- Sellers
- Ampersand Capital Partners
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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