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Exclusive: Lighting and sensor provider Excelitas up for sale - sources

Started by riky, October 30, 2014, 08:00:38 AM

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Exclusive: Lighting and sensor provider Excelitas up for sale - sources

By Greg Roumeliotis and Mike Stone (Reuters) - Excelitas Technologies Corp, a provider of lighting and sensor components to the health and defense sectors, is exploring a sale it hopes will value it at at least $2 billion, including debt, according to people familiar with the matter. Excelitas' owner, private equity firm Veritas Capital Fund Management LLC, is preparing to launch an auction for the company with the help of investment banks Goldman Sachs Group Inc and Rothschild, the people said on Wednesday. ...

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