M&A Deal Summary

Fortive Acquires Landauer

On September 6, 2017, Fortive acquired technology hardware company Landauer for 770M USD

Acquisition Highlights
  • This is Fortive’s 1st transaction in the Technology Hardware sector.
  • This is Fortive’s 5th largest (disclosed) transaction.
  • This is Fortive’s 1st transaction in the United States.
  • This is Fortive’s 1st transaction in Illinois.

M&A Deal Summary
Date 2017-09-06
Target Landauer
Sector Technology Hardware
Buyer(s) Fortive
Deal Type Add-on Acquisition
Deal Value 770M USD
Advisor(s) Lazard Ltd. (Financial)
Sidley (Legal)

Target

Landauer

Glenwood, Illinois, United States
website
Landauer, Inc. provider of technical and analytical services to determine occupational and environmental radiation exposure. The company has provided complete radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, nuclear facilities and other industries in which radiation poses a potential threat to employees. Landauer's services include the manufacture of various types of radiation detection monitors, the distribution and collection of the monitors to and from customers, and the analysis and reporting of exposure findings.

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Buyer(S) 1

Buyer

Fortive

Everett, Washington, United States

website

Category Company
Founded 2015
Sector Test/Measurement Equipment
Employees18,000
Revenue 5.8B USD (2022)
DESCRIPTION

Fortive is a diversified designer, developer, manufacturer, servicer and marketer of professional and engineered products, software, and services for a variety of end markets. Fortive operates through two business segments. These include Professional Instrumentation and Industrial Technologies. The Professional Instrumentation segment consists of the Advanced Instrumentation & Solutions and Sensing Technologies businesses. The Industrial Technologies segment consists of the Transportation Technologies, Automation & Specialty Components and Franchise Distribution businesses. Fortive was founded in 2015 and is based in Everett, Washington.

DEAL STATS #
Overall 1 of 9
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 9
State (Illinois) 1 of 1
Country (United States) 1 of 8
Year (2017) 1 of 1
Size (of disclosed) 5 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-02 The Gordian Group

Mauldin, South Carolina, United States

The Gordian Group, Inc. is a provider of proprietary database management and procurement services for the repair and alterations segment of the construction sector. The Gordian Group was founded in 1990 and is based in Mauldin, South Carolina.

Buy $775M
Mergr

Product

Company

Legal