M&A Deal Summary

Thomas H. Lee Partners Acquires Brooks Automation - Semiconductor Solutions Group

On September 20, 2021, private equity firm Thomas H. Lee Partners acquired semiconductors company Brooks Automation - Semiconductor Solutions Group from Azenta for 3.0B USD

Acquisition Highlights
  • This is Thomas H. Lee Partners’ 1st transaction in the Semiconductors sector.
  • This is Thomas H. Lee Partners’ 9th largest (disclosed) transaction.
  • This is Thomas H. Lee Partners’ 71st transaction in the United States.
  • This is Thomas H. Lee Partners’ 7th transaction in Massachusetts.

M&A Deal Summary
Date 2021-09-20
Target Brooks Automation - Semiconductor Solutions Group
Sector Semiconductors
Buyer(s) Thomas H. Lee Partners
Sellers(s) Azenta
Deal Type Divestiture
Deal Value 3.0B USD

Target

Brooks Automation - Semiconductor Solutions Group

Chelmsford, Massachusetts, United States
Brooks Automation's Semiconductor Solutions Group is an automation technology company with significant expertise in semiconductors and meaningful white space to expand into multi-market automation. Brooks Automation's Semiconductor Solutions Group is based in Chelmsford, Massachusetts.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Thomas H. Lee Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1974
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Thomas H. Lee Partners (THL) is a private equity firm that seeks buyout, expansion, consolidation, distressed, and recapitalization investments across various industries. Sectors of interest include business and information services, consumer products/retail, financial services, healthcare, industrial, and media/communications. THL looks to invest $100 to $400 million in companies valued up to $2.5 billion. THL was formed in 1974 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 82 of 90
Sector (Semiconductors) 1 of 1
Type (Divestiture) 7 of 7
State (Massachusetts) 7 of 7
Country (United States) 71 of 77
Year (2021) 6 of 6
Size (of disclosed) 9 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-15 Odessa

Philadelphia, Pennsylvania, United States

Odessa is a software company exclusively focused in the leasing industry, and the developers of the Odessa Platform. Odessa provides a powerful, end-to-end, extensible solution for lease and loan origination and portfolio management. The Odessa Platform further provides rich feature sets including low-code development, test automation, reporting and business intelligence to ensure organizations can more effectively align business and IT objectives. Odessa was founded in 1998 and is based in Philadelphia, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 AutoStore

Nedre Vats, Norway

AutoStore is an automated robotic storage and retrieval system equipment and software manufacturer for the warehouse & distribution end-market. The Company has developed proprietary software and robotics technology for collection of warehouse-stored goods, providing significant improvements in warehouse capacity and packing / picking performance. AutoStore was founded in 1996 and is based in Nedre Vats , Norway.

Sell -

Seller(S) 1

SELLER

Azenta

Chelmsford, Massachusetts, United States
Category Company
Founded 1978
Sector Life Science
Employees3,000
Revenue 514M USD (2021)
DESCRIPTION

Azenta is a provider of life sciences solutions worldwide, enabling impactful breakthroughs and therapies to market faster. Azenta provides a full suite of reliable cold-chain sample management solutions and genomic services across areas such as drug development, clinical research, and advanced cell therapies for the industry's top pharmaceutical, biotech, academic, and healthcare institutions globally. Azenta was founded in 1978 and is based in Chelmsford, Massachusetts.

DEAL STATS #
Overall 5 of 5
Sector (Semiconductors) 2 of 2
Type (Divestiture) 4 of 4
State (Massachusetts) 4 of 4
Country (United States) 5 of 5
Year (2021) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 Precise Automation

Fremont, California, United States

Precise Automation is a developer of collaborative robots and automation subsytems. The company's collaborative robots, which include SCARA, 6-axis and Cartesian configurations, are delivered fully assembled and designed for easy system integration by end users and OEM customers. Precise Automation was founded in 2004 and is based in Fremont, California.

Buy $70M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-08 Barkey

Leopoldshöhe, Germany

Barkey is a provider of controlled rate thawing devices to medical, biotech, and pharma industries. Barkey specialized in medical technology in the field of warming devices with the clear goal of the prevention of hypothermia. Barkey was founded in 1980 and is based in Leopoldshöhe, Germany.

Buy -
Mergr

Product

Company

Legal