M&A Deal Summary

Thermo Fisher Scientific Acquires Fermentas International

On July 16, 2010, Thermo Fisher Scientific acquired life science company Fermentas International from Summit Partners for 260M USD

Acquisition Highlights
  • This is Thermo Fisher Scientific’s 10th transaction in the Life Science sector.
  • This is Thermo Fisher Scientific’s 21st largest (disclosed) transaction.
  • This is Thermo Fisher Scientific’s 2nd transaction in Canada.
  • This is Thermo Fisher Scientific’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2010-07-16
Target Fermentas International
Sector Life Science
Buyer(s) Thermo Fisher Scientific
Sellers(s) Summit Partners
Deal Type Add-on Acquisition
Deal Value 260M USD

Target

Fermentas International

Burlington, Ontario, Canada
Fermentas International Inc., a manufacturer and global distributor of enzymes, reagents and kits for molecular and cellular biology research. Fermentas provides a broad range of high-quality molecular and cellular biology research tools, including reagents for nucleic-acid and protein purification; restriction and modifying enzymes; molecular weight markers and other life science research and diagnostic tools.

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Buyer(S) 1

Buyer

Thermo Fisher Scientific

Waltham, Massachusetts, United States

Category Company
Founded 1956
Sector Test/Measurement Equipment
Employees122,000
Revenue 42.9B USD (2023)
DESCRIPTION
Thermo Fisher's corporate headquarters in Waltham, Massachusetts.
Thermo Fisher's corporate headquarters in Waltham, Massachusetts.

Thermo Scientific is a provider of analytical instruments, laboratory equipment, software, services, consumables and reagents for better workflow solutions spanning sample preparation, sample analysis, and data interpretation. Thermo Fisher Scientific was founded in 1956 and is based in Waltham, Massachusetts.


DEAL STATS #
Overall 28 of 62
Sector (Life Science) 10 of 23
Type (Add-on Acquisition) 25 of 55
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2010) 5 of 8
Size (of disclosed) 21 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-15 Proxeon Biosystems A/S

Odense, Denmark

Proxeon Biosystems A/S, an innovative supplier of products for proteomics analysis headquartered in Odense, Denmark. The company is recognized for its ability to provide a simplified proteomics workflow, including nanoflow liquid chromatography systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-13 Dionex

Sunnyvale, California, United States

Dionex Corp. is a manufacturer and marketer of liquid chromatography and sample preparation systems, consumables, and software for chemical analysis. The company's systems are used worldwide in environmental analysis and by the life sciences, chemical, petrochemical, food and beverage, power generation, and electronics industries.

Buy $2.1B

Seller(S) 1

SELLER

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1984
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 149 of 285
Sector (Life Science) 3 of 7
Type (Add-on Acquisition) 70 of 127
State (Ontario) 1 of 2
Country (Canada) 2 of 4
Year (2010) 7 of 10
Size (of disclosed) 25 of 49
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-02 Innov-X Systems

Woburn, Massachusetts, United States

Innov-X Systems provides elemental analyzers for the industrial, transportation, security, and energy end-markets worldwide.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-03 Accedian

Montreal, Quebec, Canada

Accedian is a provider of highly accurate network performance monitoring and assurance solutions. Accedian's software and technology are used by the world’s largest mobile, enterprise, and carrier networks to monitor, test, and ultimately ensure the real-time quality of service (QoS) and quality of experience (QoE) for operators. Accedian Networks was founded in 2004 and is based in Montreal, Quebec.

Buy -