ACQUISITIONS and MERGERS
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Adaptas Solutions to Acquire Applied Kilovolts and Analytical Instrumentation Business from L3Harris Technologies

Today, February 26, 2020 Jay Ray, President and CEO of Adaptas Solutions notes, “These strategic acquisitions expand our mass spectrometer component product offering and allow us to continue to build our market-leading position in mass spectrometry components, subassemblies and contract manufacturing.” Ray added, “Adding the CeraMAX™ product line allows us to cultivate future innovation for our market-leading mass spectrometry OEM customers.  The Applied Kilovolts business deepens our product offering while expanding our global manufacturing to now include Europe.”

This latest acquisition further enhances Adaptas’ manufacturing and engineering resources, allowing Adaptas to accelerate OEM client development projects while offering the industry’s broadest range of next generation mass spectrometer detection solutions.

Adaptas Solutions is a portfolio company of Ampersand Capital Partners.  Financial terms of the acquisition were not disclosed.  The transaction is expected to close in mid-2020.

SourceAmpersand Capital Partners

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