M&A Deal Summary

Swagelok Co. Acquires Innovative Pressure Technologies

On September 4, 2012, Swagelok Co. acquired machinery company Innovative Pressure Technologies from Axia Partners

Acquisition Highlights
  • This is Swagelok Co.’s 1st transaction in the Machinery sector.
  • This is Swagelok Co.’s 1st transaction in the United States.
  • This is Swagelok Co.’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2012-09-04
Target Innovative Pressure Technologies
Sector Machinery
Buyer(s) Swagelok Co.
Sellers(s) Axia Partners
Deal Type Add-on Acquisition

Target

Innovative Pressure Technologies

Erie, Pennsylvania, United States
Innovative Pressure Technologies (IPT) is a designer and manufacturer high precision, highly reliable industrial valves and fluid control devices and components for OEM and end-user applications. Innovative Pressure Technologies is based in Erie, Pennsylvania.

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Buyer(S) 1

Buyer

Swagelok Co.

Solon, Ohio, United States

Category Company
Founded 1947
Sector Machinery
DESCRIPTION

Swagelok products and services are delivered locally through a network of more than 200 authorized sales and service centers that support customers in 70 countries on six continents.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Axia Partners

Boston, Massachusetts, United States

Investor Investor


Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

Axia Capital is a private equity investment and advisory firm. Axia Capital looks to invest in under-appreciated technology assets generating revenues of $3 to $50 million. Specific areas of interest include industrial and laboratory automation, robotics and controls; enterprise software and services; sensors and instrumentation; and industrial capital equipment. Targeted transactions include acquisitions of non-core divestitures, recapitalizations, and situations requiring growth capital. Axia Capital looks to $1 to $ 5 million per transaction. Axia Capital was formed in 2003 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 2 of 4
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 4
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 4
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-16 Hydroid

Pocasset, Massachusetts, United States

Hydroid is a manufacturer and supplier of autonomous underwater vehicles (AUV) for military and commercial markets worldwide. Its REMUS line of unmanned underwater vehicles (UUV) has provided deployable solutions for use in defense, marine research and commercial applications. Hydroid specializes in UUV design, engineering, production and support.

Sell $80M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-08 Network Vision

Newburyport, Massachusetts, United States

Network Vision, Inc. is a developer and marketer of unique network management software solutions focused on the rapidly growing industrial Ethernet market. Network Vision was founded in 2002 and is based in Newburyport, Massachusetts.

Sell -