Luxium Solutions Acquires PLX Inc. and PLX UK from Tinicum-led Investor Group

March 4, 2024

Luxium Solutions, a PE-backed provider of high-performance crystals for photonics and radiation detection, has agreed to acquire PLX Inc. and PLX UK, Ltd. from an investor group led by Tinicum. The acquisition broadens Luxium's detection-enabling technology capabilities by adding PLX's monolithic optical assembly, optomechanical engineering and systems-integration expertise; debt financing was provided by KeyBanc Capital Markets and a unitranche by Stellus Capital Management.

Buyers
Luxium Solutions, LLC
Targets
PLX Inc., PLX UK, Ltd.
Sellers
Investor group led by Tinicum L.P.
Industry
Manufacturing
Location
New York, United States
Transaction Type
Addon

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.