Hi-tech Instrumentation Technologies acquired by ARX Equity Partners
3. March, 2021
Solkan – Slovenian company Instrumentation Technologies, a leading global provider of advanced instrumentation in the field of basic particles accelerators and proton therapy, has been acquired by ARX Equity Partners, a private equity group headquartered in Prague. The acquisition price has not been disclosed.
Instrumentation Technologies director Elvis Janežič told the STA on Tuesday that the takeover agreement also pertained to subsidiary Red Pitaya, whose flagship product is innovative electronic tool that features instrument functions such as an oscilloscope and signal generator.
As part of the deal, the ARX private equity fund intends to further Instrumentation Technologies’ growth, and keep the current management team and workforce totalling 43 people.
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