2 Acquisitions of Companies in Tucson

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Tucson. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Tucson .

NetChb acquired by Descartes Systems Group

Details about the transaction:

Acquisition amount:

$40,000,000

Announcement:

10 February 2022

Details about the company:

NetCHB is a web application that has been approved by customs and is intended to help customs brokers handle data.

Headquarter:

Tucson, Arizona, United States

Where to find them:

Industry:

Information Services, Information Technology

Details about the buyer:

Descartes is the industry pioneer in on-demand, software-as-a-service solutions with a productivity improvement focus.

Headquarter:

Waterloo, Ontario, Canada

Where to find them:

Faxitron Bioptics acquired by Hologic

Details about the transaction:

Acquisition amount:

$85,000,000

Announcement:

31 July 2018

Details about the company:

Leading provider of digital specimen radiography is Faxitron Bioptics.

Headquarter:

Tucson, Arizona, United States

Where to find them:

Industry:

Health Care, Manufacturing, Medical Device

Details about the buyer:

In order to meet the demands of women's healthcare, Hologic develops and distributes diagnostic tools and systems for use in medical imaging.

Headquarter:

Marlborough, Massachusetts, United States

Where to find them: