Target Criteria - Biotechnology

Bridge Mergers & Acquisitions have a current requirement in this sector. We have set out the acquisition criteria below.

Manufacturer of Photonic Instrumentation

• Activities and Markets Served
  
  The ideal business would be involved in the manufacture of photonic instrumentation in the bio-optical sector. The instrumentation would be for the life science research laboratories of the major pharmaceutical/biotechnology companies, universities, research institutions and diagnostic laboratories. In effect, the bio-medical area, ideally using optical methods.
  
  The ideal product range manufactured would include:
  
  
  • Data acquisition and display software for spectroscopic applications
  • Optical sensing instruments
  • Instruments for low light and bio-imaging applications
• Financial Parameters
  
  The business will have sales of $3m to $20m. Profitability and a gross margin in excess of 30%, growth, strong cash flow and a ROS of over 15 % would be important.
• Management
  
  It would be important that the business retained strong senior/middle management post-acquisition. It is very often the case with acquisitions made by the Group that the leader of the business stays on.
• Location
  
  The business could be anywhere in the UK or continental Europe or United States.

If the above criteria relates to your company and you would be interested in a confidential discussion please contact us.