Brady Corp Buys Precision Dynamics for $300M; Sees Charge of $25-30M, Deal Adding $0.10-0.15 in First Full Fiscal Year
Posted on December 28, 2012 at 17:09 PM EST
Brady Corporation (NYSE: BRC ) (“Brady”), a world leader in identification solutions, announced today that it has acquired Precision Dynamics Corporation (“PDC”) from Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry, in a cash transaction for $300 million, subject to customary working capital and post-close