M&A Deal Summary

Sinclair Scientific Acquires Precision Extraction

On June 23, 2021, Sinclair Scientific acquired test/measurement equipment company Precision Extraction

Acquisition Highlights
  • This is Sinclair Scientific’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Sinclair Scientific’s 2nd transaction in the United States.
  • This is Sinclair Scientific’s 1st transaction in Michigan.
Investment Fate
  • Precision Extraction was divested to a consortium of strategic buyers in 2021.

M&A Deal Summary

Date 2021-06-23
Target Precision Extraction
Sector Test/Measurement Equipment
Buyer(s) Sinclair Scientific
Deal Type Merger

Target

Precision Extraction

Troy, Michigan, United States
Precision Extraction engages in cannabis and hemp extraction equipment, technology, lab design, and site planning, compliance, training, and consulting. Precision offers cutting-edge solutions for cannabis and hemp processors at every stage of growth. Precision Extraction is based in Troy, Michigan.

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Buyer(S) 1

Buyer

Sinclair Scientific

Troy, Michigan, United States

Category Company
Sector Test/Measurement Equipment
DESCRIPTION

Sinclair Scientific engages in providing the cannabis and life sciences industries with innovative process technologies. Sinclair provides the most comprehensive and diverse lineup of cannabis and hemp extraction processing technology providing end-to-end integrative solutions for its customers. Sinclair Scientific is based in Troy, Michigan.


DEAL STATS #
Overall 2 of 2
Sector: Test/Measurement Equipment M&A 2 of 2
Type: Merger M&A Deals 2 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-23 Cascade Sciences

Hillsboro, Oregon, United States

Cascade Sciences is a provider of professional-grade processing solutions. Cascade's extensive line of vacuum, drying, and decarboxylation ovens, reactor systems, rotary evaporators, vacuum cold traps, chillers, homogenizers, laboratory baths, moisture analyzers, and scientific balances set the standard in laboratory testing and processing solutions. Cascade Sciences is based in Hillsboro, Oregon.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-04 Cascade Sciences

Hillsboro, Oregon, United States

Cascade Sciences is a provider of professional-grade processing solutions. Cascade's extensive line of vacuum, drying, and decarboxylation ovens, reactor systems, rotary evaporators, vacuum cold traps, chillers, homogenizers, laboratory baths, moisture analyzers, and scientific balances set the standard in laboratory testing and processing solutions. Cascade Sciences is based in Hillsboro, Oregon.

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