戀夜直播app官方正版下载_戀夜直播高品质美女在线视频互动社区_戀夜直播官方版

Excelitas Technologies to be acquired by AEA Investors

source:Laser Foucs World

keywords: Excelitas

Time:2017-10-20

 As reported by PE Hub Network, AEA Investors is acquiring Excelitas Technologies (Waltham, MA) from Veritas Capital, in a deal that is expected to close in the fourth quarter of this year. Goldman Sachs was financial adviser to Excelitas while Credit Suisse provided financial advice to AEA Investors. Financial terms were not announced.

In August, Reuters noted that Veritas hired Goldman Sachs Group to pursue a so-called dual track sale process for Excelitas by which the company could have been sold outright or floated via an initial public offering. If successful, Excelitas was estimated to fetch as much as $2 billion, insiders said. 

Excelitas’ core capabilities include detection, optics, illumination, and advanced electronics, and it primarily targets high-growth applications within the life sciences, industrial, semiconductor, consumer, and defense and aerospace markets.

“We are excited to partner with AEA Investors,” said David Nislick, CEO of Excelitas. “AEA Investors has a history of successful investments in our space. This opportunity positions us well to capitalize on the next phase of Excelitas’ growth, as we continue delivering innovative photonics technologies to our customers. We thank Veritas for their partnership and support over the past several years. Under Veritas’ ownership, we strengthened our competitive positioning, expanded our addressable market and experienced tremendous growth.”