M&A Deal Summary

CPS Products Acquires STAR EnviroTech

On December 5, 2016, CPS Products acquired test/measurement equipment company STAR EnviroTech

Acquisition Highlights
  • This is CPS Products’ 1st transaction in the Test/Measurement Equipment sector.
  • This is CPS Products’ 2nd transaction in the United States.
  • This is CPS Products’ 1st transaction in California.

M&A Deal Summary

Date 2016-12-05
Target STAR EnviroTech
Sector Test/Measurement Equipment
Buyer(s) CPS Products
Deal Type Add-on Acquisition

Target

STAR EnviroTech

Huntington Beach, California, United States
STAR EnviroTech, Inc. is a manufacturer of diagnostic smoke machines used by automotive service technicians to identify a wide range of automotive system leaks.

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Buyer(S) 1

Buyer

CPS Products

Miramar, Florida, United States

Category Company
Founded 1989
Sector Manufacturing
DESCRIPTION

CPS Products manufactures tools, equipment, and instruments used by professional technicians who service commercial HVAC and automotive air conditioning systems. CPS Products was founded in 1989 and is based in Miramar, Florida.


DEAL STATS #
Overall 3 of 3
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-28 AAB Smart Tools

Orlando, Florida, United States

AAB Smart Tools LLC is a developer of smart device-connected tools serving the HVAC technician. AAB's current product line includes a dual-port static pressure meter, airflow and environmental meters, temperature and humidity measurement and data loggers, and a variety of useful accessories.

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