About This Deal

IDEX Corporation acquired Airshore International for $12.6 million (cash), a transaction completed in January 2006, structured as all cash (asset acquisition). The deal was a Asset purchase.

Airshore International operates in Fire & Safety/Diversified Products, is based in British Columbia, Canada, had revenue of about approximately $5 million annual revenue. Provides stabilization struts for collapsed buildings and vehicles, high-and-low pressure lifting bags and forcible entry tools for the fire and rescue markets. Based in British Columbia, Canada.

Hale / Fire & Safety/Diversified Products segment

Deal Terms

Acquirer
IDEX Corporation
Target
Airshore International
Value
$12.6 million (cash)
Date
January 2006
Type
Asset purchase
Status
Ready

Transaction Details

Target HQ
British Columbia, Canada
Segment
Fire & Safety/Diversified Products
Structure
All cash (asset acquisition)
Target revenue
Approximately $5 million annual revenue
Announced
January 12, 2006
Closed
January 12, 2006

In Their Words

On January 12, 2006, the Company acquired the assets of Airshore International (“Airshore”), based in British Columbia, Canada. Airshore provides stabilization struts for collapsed buildings and vehicles, high-and-low pressure lifting bags and forcible entry tools for the fire and rescue markets.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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