The Dickson Company (“Dickson”), a May River Capital portfolio company, has completed the acquisition of Oceasoft SA (“Oceasoft”) for a cash consideration of €2.85 per share. As a result, Dickson now holds 100% of Oceasoft’s shares.
Based in Montpellier, France, Oceasoft designs, calibrates, and markets intelligent and connected sensors to monitor physical parameters such as temperature, humidity, CO2 levels, and differential pressure for the life sciences and agri-food markets. The Company offers a complete vertical offering, from sensors to information systems, by mastering sensors and calibration, radio frequency transmission, and the development of software platforms.
Dickson is a leading Test & Measurement compliance partner that develops environmental monitoring systems (temperature, humidity, pressure, and other variables) to meet regulatory requirements and protect products for various markets including: health services, pharmaceutical, medical devices, and food & beverage.
EC M&A acted as the buy-side advisor to May River and Dickson on this transaction.