Halma plc (“Halma”) has sold its subsidiary Labsphere (comprising Labsphere, Inc., International Light Technologies, Inc., & Shanghai Labsphere Optical Equipments Co., LTD – together “Labsphere” or “the Company”), to Industrious Equity Partners (“IEP”). Labsphere is a provider of light sources, instruments, optical coating, and standards for photonics testing, specializing in technologies that enable precise characterization and analysis of light, with a strong reputation for quality and innovation in its market. Labsphere’s subsidiary, International Light Technologies, is a provider of handheld light measurement devices, scientific and instrumentation light sources, and custom LED lighting solutions.

About Halma (www.halma.com):
Halma is listed on the London Stock Exchange and is a constituent of the FTSE 100 operating in the fields of Safety, Environment and Health. Halma employs over 7,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.

About Labsphere (www.labsphere.com):
Founded in 1979 and headquartered in New Hampshire, Labsphere is a provider of photonics solutions focused on the development, calibration, and validation of optical and light‑based technologies. The Company designs and manufactures specialized systems used across applications such as remote sensing, consumer electronics, lasers and lighting, medical devices and automotive technologies.

About IEP (www.industriousequity.com):
IEP was founded in 2026 and focuses on investing in mission-critical companies that the broader industrial economy depends on to measure, control, and remain in compliance with regulations. The firm targets partner companies with non-discretionary demand, high switching costs, and strong margins and cash flows.

EC M&A acted as exclusive financial advisor to Halma on this transaction. EC M&A has completed 12 transactions with Halma.