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Ingersoll Rand to buy ILC Dover for about $2 33 billion in life sciences push

Air compressor maker Ingersoll Rand said on Monday it would buy ILC Dover from investment firm New Mountain Capital for about $2.33 billion to expand its presence in the life sciences markets. .

Saumyadeb chakrabartyVicente reynalSriraj kalluvilaKannaki dekaIngersoll randNew mountain capital

Ingersoll Rand Purchases ILC Dover from New Mountain Capital

Ingersoll Rand Purchases ILC Dover from New Mountain Capital
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Ingersoll Rand to Acquire ILC Dover to Expand Presence in Life Sciences

Attractive upfront purchase multiple of approximately 17x 2024E Adjusted EBITDA, supported by Adjusted EBITDA margins in the mid-30s and a three-year historical organic revenue CAGR in the.

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Ingersoll Rand to Buy ILC Dover for About $2 33 Billion in Life Sciences Push

Ingersoll Rand to Buy ILC Dover for About $2 33 Billion in Life Sciences Push
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Ingersoll Rand Inc (NYSE:IR) Stock Holdings Reduced by Douglas Lane & Associates LLC

Ingersoll Rand Inc (NYSE:IR) Stock Holdings Reduced by Douglas Lane & Associates LLC
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