Phoseon Technology (“Phoseon”), a designer and manufacturer of LED-based industrial curing and scientific illumination solutions, has been sold to Excelitas Technologies (“Excelitas”), a portfolio company of AEA Investors.
Phoseon Technology is a US-based manufacturer of energy efficient UV LED curing technologies. By maximizing UV energy across relevant wavelengths, Phoseon provides solutions to a wide-range of applications, including LED curing, chromatography, decontamination, disinfection, fluorescence imaging, and photochemistry. The Company’s efficient and specialized light engines deliver field-proven reliability, enabling not only significant energy efficiency gains, but additional growth opportunities through access to new markets and applications. With over 300 patents worldwide, Phoseon has earned the reputation for technological innovation, quality and reliability as the market leader with the broadest portfolio of UV LED unit offerings in its key markets.
Excelitas, a portfolio company of AEA Investors, is an industrial technology platform providing critical sensing, detection and imaging solutions to vast array of customers in biomedical, scientific, semiconductor, industrial manufacturing, safety, security, consumer products, defense and aerospace industries.
EC M&A acted as exclusive M&A advisor to Phoseon on the transaction.