M&A Deal Summary

IDEX Acquires Scivex

On May 24, 2004, IDEX acquired test/measurement equipment company Scivex from KRG Capital Partners

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

M&A Deal Summary
Date 2004-05-24
Target Scivex
Sector Test/Measurement Equipment
Buyer(s) IDEX
Sellers(s) KRG Capital Partners
Deal Type Add-on Acquisition

Target

Scivex

Oak Harbor, Washington, United States
Scivex, Inc. a designer and manufacturer of precision extruded and custom molded thermoplastic products for life sciences applications.

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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 1 of 28
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 25
State (Washington) 1 of 1
Country (United States) 1 of 18
Year (2004) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-14 Faure Herman S.A.

La Ferté-Bernard, France

Faure Herman S.A. designs and manufactures high-accuracy flow-meters for liquid hydrocarbon applications both in O&G and aerospace industries.

Buy -

Seller(S) 1

SELLER

KRG Capital Partners

Denver, Colorado, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1996
PE ASSETS 4.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

KRG Capital Partners is a private equity investment firm focused on acquiring controlling interests in middle-market companies. Prospective transaction situations include owner recapitalizations, management buyouts of private companies, mangement buyouts of corporate divisions, outright purchases, and family successions. Target companies typically generate sales of $35 to $400 million and EBITDA of $10 to $100 million. Sectors of interest include healthcare services, medical technology and life sciences; business services and distribution; construction materials and services; transportation services; marketing; specialty finance and insurance; aerospace, defense, and government services; energy services and products; and infrastructure. KRG primarily looks for opportunities located in the US and Canada but will selectively consider investments in Western Europe. KRG was formed in 1996 and is based in Denver, Colorado with additional offices in Mill Valley, California and Las Vegas, Nevada.

DEAL STATS #
Overall 3 of 41
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 21
State (Washington) 1 of 2
Country (United States) 3 of 40
Year (2004) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-01 White Cap Supply

Norcross, Georgia, United States

White Cap is a distributor of specialty concrete and construction products. It operates 270 branches with approximately 5,500 employees and offers more than 400,000 SKUs to 200,000 customers. White Cap was formed in 1976 and is based in Norcross, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-05 HMS Healthcare

Greenwood Village, Colorado, United States

HMS Healthcare, Inc. was a holding company that was established solely for the acquisition of Sloans Lake Managed Care ('SLMC') and PPOM LLC, two independent non-risk access preferred provider organizations ('PPOs').

Buy -
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