Intrepid Investment Bankers, a leading middle-market investment bank and the advisory arm of MUFG, a global financial group, announced that it served as buy-side advisor to PerkinElmer on its acquisition of SimoTech, a provider of manufacturing automation and GMP IT solutions to the global life sciences industry.
Founded in 2011 and headquartered in Cork, Ireland, SimoTech works with life sciences organizations to develop, implement, and manage automation and digital manufacturing solutions. The acquisition expands PerkinElmer’s pharma specialty services offering.
“We are proud to have advised PerkinElmer on this acquisition. SimoTech adds highly complementary automation, digital manufacturing, and GMP IT capabilities to PerkinElmer’s pharma specialty services offering. We are grateful for the opportunity to support PerkinElmer on this transaction,” said Beau Sipiora, Vice President at Intrepid.