M&A Deal Summary

Bruker Acquires KeyMaster Technologies

On July 20, 2006, Bruker acquired test/measurement equipment company KeyMaster Technologies from Advent International

Acquisition Highlights
  • This is Bruker’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Bruker’s 2nd transaction in the United States.
  • This is Bruker’s 1st transaction in Washington.

M&A Deal Summary

Date 2006-07-20
Target KeyMaster Technologies
Sector Test/Measurement Equipment
Buyer(s) Bruker
Sellers(s) Advent International
Deal Type Add-on Acquisition

Target

KeyMaster Technologies

Kennewick, Washington, United States
KeyMaster Technologies, located in Kennewick, Washington, develops and manufactures portable hand-held X-ray fluorescence (XRF) systems for numerous applications, including: metals and alloy analysis used in various metal processing industries, including automotive, scrap sorting and others; Positive Material Identification (PMI) required for example in the aerospace and power industries; Restrictions of Hazardous Substances (RoHS) analysis required under European regulations; environmental metals-in-soil or lead-in-paint (LiP) analysis; art, museum and archaeological analysis; and elemental taggant analysis for tracing of origin and security applications.

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Buyer(S) 1

Buyer

Bruker

Billerica, Massachusetts, United States

Category Company
Founded 1991
Sector Test/Measurement Equipment
Employees9,707
Revenue 3.0B USD (2023)
DESCRIPTION

Bruker is a provider of high-performance scientific instruments and solutions for molecular and materials research, as well as for industrial and applied analysis. Bruker was founded in 1991 and is based in Billerica, Massachusetts.


DEAL STATS #
Overall 2 of 47
Sector (Test/Measurement Equipment) 2 of 20
Type (Add-on Acquisition) 1 of 42
State (Washington) 1 of 3
Country (United States) 2 of 21
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-26 Princeton Gamma-Tech Instruments - PGT X-ray Microanalysis Business

United States

The PGT microanalysis business features an excellent X-ray microanalysis product line, with advanced technology, and many outstanding data acquisition and analysis software features. Moreover, the PGT microanalysis business has extensive distribution and service capabilities in the United States, the United Kingdom and France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-03 ACCEL Instruments

Bergisch Gladbach, Germany

ACCEL Instruments GmbH is a supplier of proton therapy systems for cancer treatment and scientific research instruments.

Buy -

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 73 of 222
Sector (Test/Measurement Equipment) 2 of 2
Type (Add-on Acquisition) 31 of 82
State (Washington) 1 of 2
Country (United States) 34 of 79
Year (2006) 8 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-01 Netlogistik S.A. de C.V.

Polanco, Mexico

Netlogistik, S.A. de C.V. provides marketplace for truck cargo serving in Latin American market.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-01 SAG

Langen, Germany

SAG GmbH is a provider of engineering, construction, maintenance and operation services for utilities and industrial clients with a focus on their energy infrastructure.

Buy -