M&A Deal Summary

IDEXX Laboratories Acquires ITS Innovative Technologies and Systems

On September 19, 2005, IDEXX Laboratories acquired healthcare services company ITS Innovative Technologies and Systems

Acquisition Highlights
  • This is IDEXX Laboratories’ 3rd transaction in the Healthcare Services sector.
  • This is IDEXX Laboratories’ 2nd transaction in the United States.
  • This is IDEXX Laboratories’ 1st transaction in Georgia.

M&A Deal Summary

Date 2005-09-19
Target ITS Innovative Technologies and Systems
Sector Healthcare Services
Buyer(s) IDEXX Laboratories
Deal Type Add-on Acquisition

Target

ITS Innovative Technologies and Systems

Georgia, United States
ITS Innovative Technologies and Systems, LLC is a provider of animal health company that sells veterinary-specific, direct-to-digital radiography (DR) systems.

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Buyer(S) 1

Buyer

IDEXX Laboratories

Westbrook, Maine, United States

Category Company
Founded 1983
Sector Medical Products
Employees10,350
Revenue 3.7B USD (2023)
DESCRIPTION
IDEXX Laboratories' corporate headquarters in Westbrook, Maine.
IDEXX Laboratories' corporate headquarters in Westbrook, Maine.

IDEXX Laboratories is a provider of diagnostic and information technology-based products and services for taking caring of animals and livestock. IDEXX Laboratories was founded in 1983 and is based in Westbrook, Maine.


DEAL STATS #
Overall 4 of 10
Sector (Healthcare Services) 3 of 4
Type (Add-on Acquisition) 3 of 7
State (Georgia) 1 of 1
Country (United States) 2 of 4
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-01 Bommeli Dr AG

Liebefeld-Bern, Switzerland

Bommeli Dr AG is an internationally recognized in the production animal diagnostic market, offering state-of-the-art diagnostic reagents and test kits for the control of diseases.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-06 Vita-Tech Canada

Markham, Ontario, Canada

Vita-Tech Canada is a provider of reference laboratory testing services to veterinarians. Vita-Tech Canada was formed in 1984 and is based in Markham, Ontario.

Buy -