|Delayed - 05/20 04:03:41 pm|
Eddyfi NDT Inc. completed the acquisition of Zetec, Inc. from Roper Technologies, Inc..01/05/2022 | 12:00am
Eddyfi NDT Inc. entered into a definitive agreement to acquire Zetec, Inc. from Roper Technologies, Inc. (NYSE:ROP) for $350 million on August 10, 2021. The transaction is a all-cash transaction valued at $350 million. Zetec has generated approximately $64 million of revenue and $17 million of EBITDA over the last 12 months. The transaction is subject to customary closing conditions, including regulatory approvals. Roper Technologies, Inc. expects this transaction to close at the end of this year. Michael Knight of Jones Day acted as legal advisor to Roper Technologies. Credit Suisse Securities (Canada), Inc. acted as financial advisor to Eddyfi NDT Inc. Eddyfi NDT Inc. completed the acquisition of Zetec, Inc. from Roper Technologies, Inc. (NYSE:ROP) on January 5, 2022.
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