Danaher claims victory for Summit’s Integrated DNA in $2 bln deal


Danaher Corp, Integrated DNA, Summit Partners, private equity, healthcare, biotechnology, merger, M&A
Photo courtesy of alexeynovikov/iStock/GettyImages
  • Sell-side adviser: Perella Weinberg; Buy-side adviser: Jefferies
  • Summit unloaded investment in Ability Network through $1.2 bln deal days earlier
  • IDT, founded in Coralville, Iowa, is 2nd Iowa life sciences company to trade hands this week
Danaher Corp on March 9 surfaced as the winning bidder for the highly sought after Integrated DNA Technologies. Terms weren’t disclosed, but the deal was valued at about $2 billion, Buyouts has learned. Danaher’s agreement for Integrated DNA, a  genomics-focused life-sciences ...

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