Bain Capital Private Equity agrees to acquire Evident
Bain Capital Private Equity (“Bain Capital”), a leading global private investment firm today announced it has signed a definitive agreement to acquire Evident Corporation (“Evident”), a subsidiary of Olympus Corporation (“Olympus”).To get more news about Industrial Videoscope, you can visit seesemborescopes.com official website.
Evident is a world-leading manufacturer of microscopes for life science and industrial applications, videoscopes for remote visual inspection and non-destructive test equipment. As an independent company, Evident will continue over 100 years of innovation in imaging, instrumentation and measurement solutions, underpinned by deep and broad customer relationships, best-in-class technology and differentiated capabilities in R&D and precision manufacturing.
Yuji Sugimoto, Managing Director of Bain Capital in Japan, said “We are excited to partner with Evident’s management team and help realize their ambition to grow their digital products and solutions, workflow integration and automation businesses. We will fully commit Bain Capital’s global resources and our team’s accumulated experience to assist Evident to realize these attractive growth opportunities and to create value for all stakeholders.”
Stephen Thomas, Managing Director of Bain Capital in North America, added “Evident is at the frontier of digital optical technology in life sciences and industrial end markets, and has great potential to expand into new products, new customers and new markets as an independent company.”
Bain Capital Private Equity has deep experience supporting the growth and innovation of industrial technology companies globally, including II-VI, Kioxia, Sensata and NXP. Bain Capital’s global platform in Healthcare and Life Science has similar depth in pathology and life science instrumentation.