M&A Deal Summary

Azenta Acquires BioStorage Technologies

On December 1, 2015, Azenta acquired information technology company BioStorage Technologies for 127M USD

Acquisition Highlights
  • This is Azenta’s 1st transaction in the Information Technology sector.
  • This is Azenta’s 5th largest (disclosed) transaction.
  • This is Azenta’s 9th transaction in the United States.
  • This is Azenta’s 1st transaction in Indiana.

M&A Deal Summary

Date 2015-12-01
Target BioStorage Technologies
Sector Information Technology
Buyer(s) Azenta
Deal Type Add-on Acquisition
Deal Value 127M USD

Target

BioStorage Technologies

Indianapolis, Indiana, United States
BioStorage Technologies, Inc. is a provider of comprehensive sample management programs and integrated cold chain solutions for the bioscience industry.

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Buyer(S) 1

Buyer

Azenta

Burlington, Massachusetts, United States

Category Company
Founded 1978
Sector Life Science
Employees3,000
Revenue 656M USD (2024)
DESCRIPTION

Azenta is a provider of life sciences solutions worldwide, enabling impactful breakthroughs and therapies to market faster. Azenta provides a full suite of reliable cold-chain sample management solutions and genomic services across areas such as drug development, clinical research, and advanced cell therapies for the industry's top pharmaceutical, biotech, academic, and healthcare institutions globally. Azenta was founded in 1978 and is based in Burlington, Massachusetts.


DEAL STATS #
Overall 11 of 24
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 19
State: Indiana M&A 1 of 1
Country: United States M&A 9 of 15
Year: 2015 M&A 1 of 1
Size (of disclosed) 5 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 FluidX

Nether Alderley, United Kingdom

FluidX Ltd., is a provider of biological sample storage tubes and complementary bench-top instruments.

Buy $16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-29 Cool Lab

United States

Cool Lab LLC is a provider of innovative, patented, and/or patent-pending applications for sample cooling and freezing, controlled rate freezing, portable cryogenic transport and archival storage solutions for customers’ temperature sensitive workflows.

Buy -