M&A Deal Summary

Azenta Acquires Precise Automation

On April 26, 2021, Azenta acquired machinery company Precise Automation for 70M USD

Acquisition Highlights
  • This is Azenta’s 1st transaction in the Machinery sector.
  • This is Azenta’s 7th largest (disclosed) transaction.
  • This is Azenta’s 15th transaction in the United States.
  • This is Azenta’s 5th transaction in California.

M&A Deal Summary
Date 2021-04-26
Target Precise Automation
Sector Machinery
Buyer(s) Azenta
Deal Type Add-on Acquisition
Deal Value 70M USD

Target

Precise Automation

Fremont, California, United States
Precise Automation is a developer of collaborative robots and automation subsytems. The company's collaborative robots, which include SCARA, 6-axis and Cartesian configurations, are delivered fully assembled and designed for easy system integration by end users and OEM customers. Precise Automation was founded in 2004 and is based in Fremont, California.

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Buyer(S) 1

Buyer

Azenta

Chelmsford, Massachusetts, United States
Category Company
Founded 1978
Sector Life Science
Employees3,000
Revenue 514M USD (2021)
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 Chelmsford, Massachusetts.

DEAL STATS #
Overall 21 of 24
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 16 of 19
State (California) 5 of 5
Country (United States) 15 of 15
Year (2021) 1 of 1
Size (of disclosed) 7 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 Trans-Hit Biomarkers

Laval, Quebec, Canada

Trans-Hit Biomarkers, Inc. is a worldwide biospecimen procurement service provider that has an extensive collection capability for biospecimens and clinical samples through a worldwide partner network of clinical sites and biobanks. THB is enabled by a team with an extensive background in biomedical research that advises biopharma and diagnostic clients on the best solutions to design, organize and conduct sample collections in various fields including oncology and infectious diseases. Trans-Hit Biomarkers is based in Laval, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-20 Brooks Automation - Semiconductor Solutions Group

Chelmsford, Massachusetts, United States

Brooks Automation's Semiconductor Solutions Group is an automation technology company with significant expertise in semiconductors and meaningful white space to expand into multi-market automation. Brooks Automation's Semiconductor Solutions Group is based in Chelmsford, Massachusetts.

Sell $3.0B
Mergr

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