M&A Deal Summary

IPG Photonics Acquires Genesis Systems Group

On November 5, 2018, IPG Photonics acquired machinery company Genesis Systems Group for 115M USD

Acquisition Highlights
  • This is IPG Photonics’ 2nd transaction in the Machinery sector.
  • This is IPG Photonics’ largest (disclosed) transaction.
  • This is IPG Photonics’ 7th transaction in the United States.
  • This is IPG Photonics’ 1st transaction in Iowa.

M&A Deal Summary
Date 2018-11-05
Target Genesis Systems Group
Sector Machinery
Buyer(s) IPG Photonics
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

Genesis Systems Group

Davenport, Iowa, United States
website
Genesis Systems Group LLC is a provider in the integration of robotic welding and automation solutions. Genesis robotic systems integrator for more than 300 blue-chip customers in the transportation, aerospace and industrial end markets. Genesis Systems Group LLC was founded in 1983 and is based in Davenport, Iowa.

Search 193,724 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

IPG Photonics

Oxford, Massachusetts, United States

website

Category Company
Founded 1990
Sector Electrical Equipment
Employees6,580
Revenue 1.5B USD (2021)
DESCRIPTION

IPG Photonics is a developer and manufacturer of diode-pumped high performance fiber lasers and amplifiers that enable a growing number of applications, including materials processing, medical, aerospace, medical and others. IPG's products are cost-effective and superior in performance, reliability and energy efficiency because of IPG's proprietary technology platform, materials science expertise and vertically integrated manufacturing operations. IPG Photonics was founded in 1990 and is based in Oxford, Massachusetts.

DEAL STATS #
Overall 10 of 10
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 10 of 10
State (Iowa) 1 of 1
Country (United States) 7 of 7
Year (2018) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Laser Depth Dynamics

Kingston, Ontario, Canada

Laser Depth Dynamics, Inc. is a provider of in-process quality monitoring and control solutions for laser-based welding applications. Laser Depth Dynamics was founded in 2012 and is based in Kingston, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-15 IPG Photonics - Telecom Transmission Product Lines

Oxford, Massachusetts, United States

IPG Photonics' Telecom Transmission Product Lines provides transceiver product lines and ASIC.

Sell -
Mergr

Product

Company

Legal