It marks Brady's fifth acquisition of 2020. Today, that philosophy has unleashed teamwork, commitment and creativity. NWS now consists of recently-joined distributors North American Corporation, WAXIE Sanitary Supply, SWPlus and Southeastern Paper Group. Thursday, 06 June 2019. July 28, 2017 - Industrial Scientific Corp., a business that makes safety products and equipment for manufacturing workers, has an agreement to be acquired by Fortive Corp. of Everett, Washington.. Coming on the heels of other buyouts of EHSQ software vendors by large PE firms, the acquisition of Intelex by Industrial Scientific is the largest in … EHSQ software provider Intelex announced on June 6 that it had agreed to be acquired by the Industrial Scientific business unit of Fortive, a firm listed on the New York Stock Exchange with 24,000 employees. How to Build a Vending Relationship with Customers That Works. At the end of July 2017, one of our major client companies Industrial Scientific announced that they had agreed to become a group operating company of Fortive Corporation, which includes Fluke. ISC contributes 65% recurring revenue and strengthens our menu of connected solutions for … Industrial Scientific’s line of gas monitoring products and services are used in virtually every industry to protect people from exposure to harmful gases. Imperial Dade Expands In Texas, Acquires Great Southwest Paper. Encouraging the free exchange of ideas; knowing that when ideas are … The acquisition of Industrial Scientific (ISC), a leader in portable gas detection solutions and a safety-as-a-service pioneer, marks a significant acceleration in our strategy. Fortive Corporation and all Fortive Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Industrial Scientific has invested in several outside ventures to expand the potential of workplace safety and gas detection products. Fortive Corporation and all Fortive Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive Corporation and all Fortive Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive Corporation (“Fortive”) (NYSE: FTV) today announced results for the second quarter 2017, and that it has signed a definitive agreement to acquire Industrial Scientific Corporation, a leading provider of portable gas detection equipment and a safety-as-a-service pioneer. Ingersoll Rand to Buy Tuthill Vacuum and Blower Systems in $184M Deal. Pittsburgh, Pennsylvania based Industrial Scientific, a wholly owned subsidiary of Fortive Corporation (NYSE: FTV), is a leader in providing gas detection products, services, and solutions for … © 2021 Industrial Media, LLC. Kansas City-based Midland adds a like distributor of brass fittings, valves, barbs and other products sold through distributors and OEMs. Kirkland & Ellis advised Fortive Corporation (NYSE: FTV), a diversified industrial growth company, on Industrial Scientific’s acquisition of Intelex Technologies, a recognized leader in the environmental, health & safety, and quality (EHSQ) management space, for approximately $570 million. London's Electrocomponents Buys MRO Management Provider Synovos for $145M. In July, Fortive agreed to acquire Industrial Scientific Corporation, a leading provider of portable gas detection equipment and a safety-as-a-service pioneer. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. Key markets include utilities, chemical production, oil and gas, steel and coke, paper industry, fire service, construction, military, insurance companies, food service, and general industry. PITTSBURGH, PA –6 JUNE 2019 – Industrial Scientific, a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), is pleased to announce that it has signed a definitive agreement with JMI Equity to acquire Intelex Technologies for approximately $570M. Reflecting an intense bidding war between corporate and private equity buyers, Intelex achieved a valuation of $570 million which is the highest purchase price of any EHSQ software vendor. The acquisition reflects Intelex’s growing strategy to shift from a system of recorded historical events to a connected workflow-based platform for real-time EHS risk management. Dedicating our careers to ending death on the job by 2050. Midland Industries Acquires Texas' Champion Brass. Fortive closed the acquisition of Industrial Scientific and Landauer during the quarter. Fortive CEO James Lico says the $2 billion acquisition of Accruent, which manages over 7.3 billion assets through its 10,000 customers, will create a global Internet of Things leader. Industrial conglomerate Fortive, comprised of professional instrumentation and technologies business, will acquire Pittsburgh-based Industrial Scientific, a provider of portable gas detection equipment and safety-as-a-service. During the quarter, Fortive agreed to acquire Industrial Scientific Corporation, a leading provider of portable gas detection equipment and a safety-as … FORTIVE CORPORATION : News, information and stories for FORTIVE CORPORATION | Nyse: FTV | Nyse Mitchell Rales and Steven M. Rales, Danaher's founders, retained board seats with Fortive after the separation. Fortive is headquartered in Everett, Washington and employs a team of more than 24,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 40 countries around the world. Jul 31st, 2017. On July 27, 2017, Fortive Corporation (NYSE: FTV) announced that it signed a definitive agreement to acquire Industrial Scientific Corporation, a leading provider of portable gas detection equipment and a safety-as-a-service pioneer. "Joining Industrial Scientific and the Fortive group of companies is a game-changer for Intelex as well as the industry. Fortive is a relatively new company, but our experience with M&A is deep. Fortive is a diversified industrial growth company comprised of Professional Instrumentation and Industrial Technologies businesses that are recognized leaders in attractive markets. Founded in 1985, Industrial Scientific is a leader in providing gas detection products, services, and solutions for worksites around the world. Industrial Scientific Corporation, headquartered in Pittsburgh, Pennsylvania, designs and manufactures gas detection products that protect workers from hazardous conditions around the world. Fortive is a diversified industrial growth company comprised of professional instrumentation and industrial technologies businesses. on 21st September 2017. Fortive Corporation (NYSE: FTV) announced today that it has entered into a definitive merger agreement with Landauer (NYSE: LDR), pursuant to which Fortive will acquire Landauer by making a cash tender offer to acquire all of the outstanding shares of Landauer’s common stock for $67.25 per share, for a total enterprise … ... Over the past year we strengthened our strategic position in the network of connected devices known as the Industrial Internet of Things (IIoT) through the acquisition of eMaint Enterprises, a global leader in SaaS-based computerized maintenance management software. Industrial Scientific Corporation, headquartered in Pittsburgh, Pennsylvania, designs and manufactures gas detection products that protect workers from hazardous conditions around the world. Bunzl Acquires Jansan & Packaging Distributor in Canada, PPE Distributor in Brazil. Fortive completed the previously-announced acquisition of Industrial Scientific on August 25, 2017. Platinum Equity to Buy Ingram Micro in $7.2B Deal. This propels our vision of enhancing environmental, worker health and safety, and quality programs through cyber-physical approaches,” said Mark Jaine, CEO of Intelex. Industrial Scientific, a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), is pleased to announce that it has signed a definitive agreement with JMI Equity to acquire Intelex Technologies for approximately $570M. Industrial Scientific: Preserving human life is our life’s work. The addition of Industrial Scientific accelerates our digital strategy and creates a stronger platform for connected solutions for critical applications in maintenance and safety," said Fortive president and CEO James Lico. I sold ActiveBlu to Fortive (FTV, formerly part of Danaher) as part of the acquisition of Industrial Scientific by Fortive. Our founders envisioned a company where all employees would be empowered to solve problems. Fortive (FTV) completes the acquisition of Advanced Sterilization Products for approximately $2.7 billion in a bid to expand into the growing infection control market. Toronto-based Intelex Technologies, an Environmental, Health, Safety and Quality (EHSQ) SaaS company, has been acquired for $570 million USD by Industrial Scientific, a connected sensing technology company that creates software for worker safety. EVERETT, WA — Fortive Corporation announced July 27 that it has signed a definitive agreement to acquire Industrial Scientific Corporation, a provider of portable gas detection equipment and a safety-as-a-service pioneer headquarters in Pittsburgh, PA. “We look forward to welcoming the Industrial Scientific employees to the Fortive team. Fortive completed the previously-announced acquisition of Industrial Scientific … Upon closing of the acquisition, Landauer will become part of Fortive’s Field Solutions platform (comprising Fluke, Qualitrol and Industrial Scientific) within Fortive’s Professional Instrumentation segment. Industrial Scientific, a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), is pleased to announce that it has signed a definitive agreement with JMI Equity to acquire Intelex Technologies for approximately $570M. Industrial Scientific, a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), is pleased to announce that it has signed a definitive agreement with JMI Equity to acquire Intelex Technologies for approximately $570M. “This acquisition allows us to close the loop on IoT-enabled sustainability, worker safety, and operational risk and performance.” “Joining Industrial Scientific and the Fortive group of companies is a game-changer for Intelex as well as the industry. Fortive Corporation (“Fortive”) (NYSE: FTV) today announced results for the second quarter 2017, and that it has signed a definitive agreement to acquire Industrial Scientific Corporation, a leading provider of portable gas detection equipment and a safety-as-a-service pioneer. Intelex will be operated as a stand-alone company inside Industrial Scientific. Odyssey Investment Partners is buying PIP from Audax Private Equity for an undisclosed amount. This will come from its suite of software products used by Accruent’s 10,000 customers. With 2016 revenues of $6.2 billion, Fortive’s brands hold positions in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution. For the second quarter ended June 30, 2017, net earnings were $240.1 million. Fortive was spun off from Danaher in July 2016. Fortive, a publicly-held company with annual sales of $6.2 billion, makes industrial … Industrial Scientific: Preserving human life is our life’s work. These investments, and the ongoing innovations of Industrial Scientific, are all in an effort to end work-related deaths by the year 2050. The Robinson firm will acquire Intelex, which makes software to manage workplace safety issues, from a private equity fund. The agreement on the change of ownership will enable Industrial Scientific to increase capacity and … Coming on the heels of other buyouts of EHSQ software vendors by large PE firms, the acquisition of Intelex by Industrial Scientific is the largest in the history of … That’s why every one of our products is designed and manufactured with just one fundamental question in mind: "Would you bet your life on it?". On August 25, 2017, Fortive completed their acquisition of Industrial Scientific. The building materials distributor strengthens its presence in the New York metropolitan tristate area. Currently, many of their data science and analytics team sit here. Around the globe, workers enter confined spaces, face the risk of asphyxiation, poisoning, or explosion, and depend on our instruments to ensure their safety. We at Industrial Scientific are focused on preserving human life on, above, and below the earth. Acquisition Bridges the Last Mile to EHSQ 4.0 Through Convergence of Software with Cyber-Physical Assets & Connected Workers ... "Joining Industrial Scientific and the Fortive group of … Upon completion of the acquisition, Accruent will become part of Fortive’s portfolio of Field Services solutions alongside other brands such as Fluke, Gordian and Industrial Scientific. The acquisition will be subject to customary closing conditions, including regulatory approvals, and will be financed with available cash. I sold ActiveBlu to Fortive (FTV, formerly part of Danaher) as part of the acquisition of Industrial Scientific by Fortive. $2B in Cash. Industrial Scientific 7 years 10 months Fortive is an American diversified industrial technology conglomerate company headquartered in Everett, Washington. Prior to July 2, 2016, Fortive operated as part of Danaher Corporation. Read Intelex's press release Industrial Scientific is a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation. PITTSBURGH, PA – 6 JUNE 2019 – Industrial Scientific, a global leader in connected sensing technology and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), is pleased to announce that it has signed a definitive agreement with JMI Equity to acquire Intelex Technologies for approximately $570M. Fortive completed the previously-announced acquisition of Industrial Scientific on August 25, 2017. ID's December Industrial Supply M&A Recap, The Home Depot Completes $8B HD Supply Acquisition, Brady Acquires Kerr Paper & Supply, Individual Foodservice, Ohio Transmission Corp. Boosts Central US Network, Acquires JCI Industries, PIP to be Acquired by Another Private Investment Firm. The acquisition of Industrial Scientific (ISC), a leader in portable gas detection solutions and a safety-as-a-service pioneer, marks a significant acceleration in our strategy. The company has over 700 global employees committed to preserving human life and property. “This acquisition allows us to close the loop on IoT-enabled sustainability, worker safety, and operational risk and performance.” The acquisition is subject to customary closing conditions, including regulatory approvals. 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