M&A Deal Summary

Prior Scientific Instruments Acquires Queensgate Nano

On February 16, 2018, Prior Scientific Instruments acquired test/measurement equipment company Queensgate Nano from Checkit for 1M GBP

Acquisition Highlights
  • This is Prior Scientific Instruments’ 1st transaction in the Test/Measurement Equipment sector.
  • This is Prior Scientific Instruments’ largest (disclosed) transaction.
  • This is Prior Scientific Instruments’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-02-16
Target Queensgate Nano
Sector Test/Measurement Equipment
Buyer(s) Prior Scientific Instruments
Sellers(s) Checkit
Deal Type Divestiture
Deal Value 1M GBP

Target

Queensgate Nano

Cambridge, United Kingdom
website
Queensgate is a specialist nanopositioning business. Queensgate Nano has delivered world leading, cost effective nanopositioning systems for over three decades. Queensgate research and development is based in Cambridge, UK, where our teams of engineers develop the next generation of world leading products.

Search 193,605 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

Prior Scientific Instruments

Cambridge, United Kingdom

website

Category Company
Founded 1919
Sector Test/Measurement Equipment
DESCRIPTION

Prior Scientific is an experienced manufacturer of precision instrumentation and optical systems. Company design, manufacture, brand and test your system under the same roof to specifications. Prior Scientific Instruments will deliver unique system on time, within budget and to the highest quality.

DEAL STATS #
Overall 1 of 1
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Checkit

Cambridge, United Kingdom

website

Category Company
Founded 1948
Sector Electronics
Employees170
Revenue 13M GBP (2022)
DESCRIPTION

Checkit is a technology group that designs, manufactures and markets engineered products which are vital to a connected world. Checkit was founded in 1948 and is based in Cambridge, the United Kingdom.

DEAL STATS #
Overall 7 of 8
Sector (Test/Measurement Equipment) 4 of 4
Type (Divestiture) 6 of 7
Country (United Kingdom) 7 of 8
Year (2018) 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-20 Sheen Instruments

West Molesey, United Kingdom

Sheen Instruments Ltd. is a manufacturer and supplier of inspection and testing instruments used in the paint, coating, automotive and other industries.

Sell £1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Bulgin

Cambridge, United Kingdom

Bulgin develops and manufactures connectors and related components for harsh-environment applications, in sectors including industrials, transport & infrastructure and medical technology. Elektron has locations in the UK, North America, Asia-Pacific, and North Africa. Bulgin was founded in 1923 and is based in Cambridge, United Kingdom.

Sell £105M
Mergr

Product

Company

Legal