M&A Deal Summary

IDEX Acquires Flow Management Devices

On January 29, 2020, IDEX acquired manufacturer Flow Management Devices for 125M USD

Acquisition Highlights
  • This is IDEX’s 7th transaction in the Manufacturing sector.
  • This is IDEX’s 8th largest (disclosed) transaction.
  • This is IDEX’s 12th transaction in the United States.
  • This is IDEX’s 1st transaction in Arizona.

M&A Deal Summary
Date 2020-01-29
Target Flow Management Devices
Sector Manufacturing
Buyer(s) IDEX
Deal Type Add-on Acquisition
Deal Value 125M USD

Target

Flow Management Devices

Phoenix, Arizona, United States
Flow Management Devices LLC (Flow MD) engineers and manufactures technically-differentiated “unidirectional captive displacement provers,” also called “small volume provers” that ensure custody transfer accuracy in the oil and gas industry.

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Buyer(S) 1

Buyer

IDEX

Northbrook, Illinois, United States
Category Company
Founded 1987
Sector Manufacturing
Employees8,800
Revenue 3.3B USD (2023)
DESCRIPTION

IDEX is engaged in the development, design, and manufacture of fluidics systems and specialty-engineered products. IDEX was founded in 1987 and is based in Northbrook, Illinois.

DEAL STATS #
Overall 20 of 28
Sector (Manufacturing) 7 of 13
Type (Add-on Acquisition) 18 of 25
State (Arizona) 1 of 1
Country (United States) 12 of 18
Year (2020) 1 of 1
Size (of disclosed) 8 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-18 Velcora Holding AB

TUMBA, Sweden

Velcora Holding AB is an engineering group comprising the two businesses Roplan and Steridose. Roplan provides custom shaft seals on a global market for a wide range of industry sectors including Hygienic, Industrial and Maritime. Steridose provides engineered process components for the biopharmaceutical industry.

Buy $137M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-11 ABEL Pumps

Pittsburgh, Pennsylvania, United States

ABEL Pumps designs and manufactures highly engineered reciprocating positive displacement pumps for a variety of end markets, including mining, marine, power, water, wastewater, and other general industries. The company’s diaphragm and high-pressure piston pumps serve harsh, demanding applications involving abrasive or corrosive substances and fluids with high solids content. ABEL Pumps is based in Pittsburgh, Pennsylvania.

Buy $104M
Mergr

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