M&A Deal Summary

Crane NXT Acquires Opsec Security

On March 11, 2024, Crane NXT acquired information technology company Opsec Security from Investcorp International for 270M USD

Acquisition Highlights
  • This is Crane NXT’s 1st transaction in the Information Technology sector.
  • This is Crane NXT’s largest (disclosed) transaction.
  • This is Crane NXT’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2024-03-11
Target Opsec Security
Sector Information Technology
Buyer(s) Crane NXT
Sellers(s) Investcorp International
Deal Type Add-on Acquisition
Deal Value 270M USD
Advisor(s) Proskauer Rose LLP (Legal)

Target

Opsec Security

Tyne & Wear, United Kingdom
Opsec Security is provider of anti-counterfeiting technologies, as well as solutions and services for physical and online brand protection, to over 300 brand owners and over 50 governments worldwide. Opsec Security Group was founded in 1989 and is based in Tyne & Wear, United Kingdom.

Search 198,123 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

Crane NXT

Waltham, Massachusetts, United States
Category Company
Sector Information Technology
Employees4,000
Revenue 1.4B USD (2023)
DESCRIPTION

Crane NXT is a premier industrial technology company that provides technology solutions to secure, detect, and authenticate for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. Crane NXT is based in Waltham, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Investcorp International

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1982
PE ASSETS 21.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp International, Inc. is a publicly traded global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.

DEAL STATS #
Overall 106 of 106
Sector (Information Technology) 10 of 10
Type (Add-on Acquisition) 46 of 46
Country (United Kingdom) 14 of 14
Year (2024) 1 of 1
Size (of disclosed) 31 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-09 Best in Class Technology Services

Lenexa, Kansas, United States

Best in Class Technology Services is a provider of commercial HVAC aftermarket services including maintenance, repair, and project work. BCTS has 14 locations across seven states and employs over 500 people. Best in Class Technology Services is based in Lenexa, Kansas.

Buy -
Mergr

Product

Company

Legal