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Cash transaction for $300 million
December 28, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Brady Corporation, a world leader in identification solutions, announced that it has acquired Precision Dynamics Corporation (PDC) from Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry, in a cash transaction for $300 million, subject to customary working capital and post-close adjustments. PDC, with annual sales of approximately $173 million, is a leader in identification products primarily for the healthcare market, specializi...
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