M&A Deal Summary

Helios Technologies Acquires i3 Product Development

On May 4, 2023, Helios Technologies acquired information technology company i3 Product Development

Acquisition Highlights
  • This is Helios Technologies’ 1st transaction in the Information Technology sector.
  • This is Helios Technologies’ 7th transaction in the United States.
  • This is Helios Technologies’ 1st transaction in Wisconsin.

M&A Deal Summary
Date 2023-05-04
Target i3 Product Development
Sector Information Technology
Buyer(s) Helios Technologies
Deal Type Add-on Acquisition

Target

i3 Product Development

Sun Prairie, Wisconsin, United States
website
i3 Product Development is a custom engineering services firm, that has expertise in electronics, mechanical, industrial, embedded and software engineering. i3 Product Development was founded in 1995 and is based in Sun Prairie, Wisconsin.

Search 192,297 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Helios Technologies

Sarasota, Florida, United States

website

Category Company
Founded 1970
Sector Machinery
Employees2,400
Revenue 885M USD (2022)
DESCRIPTION

Sun Hydraulics is a designer and manufacturer of high performance screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. Helios Technologies was founded in 1970 and is based in Sarasota, Florida.

DEAL STATS #
Overall 12 of 12
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 10 of 10
State (Wisconsin) 1 of 1
Country (United States) 7 of 7
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-17 Schultes Precision

Buffalo Grove, Illinois, United States

Schultes Precision is a high-precision specialist in CNC milling, lathe turning, Swiss machining, and assembly, primarily serving the hydraulic, aerospace, medical device, and dental industries. Schultes was formed in 1946 and is based in Buffalo Grove, Illinois.

Buy -
Mergr

Product

Company

Legal