As part of the definitive agreement, IDEX will acquire Nexsight’s market-leading businesses, including Envirosight, WinCan, MyTana, and Pipeline Renewal Technologies, for cash consideration of $120 million, subject to customary post-closing adjustments.

The cross-office team was led by partners Gerard S. DiFiore and Julia Boyd and associates Terrence Fairfield, Emerson Bianchi, and Luke Meyerson. Dedicated teams handling tax, labor and employment, benefits, intellectual property, real estate, antitrust, and data privacy issues include more than 20 Reed Smith attorneys: partners Angelo Ciavarella, Mark Goldstein, Allison Sizemore, Peter Emmi, Jonathan Stark, Etienne Richthammer, Lawrence Radley, William Sheridan, Jennifer Smokelin, and Marjorie Holmes; counsel Catherine Castaldo and Michaela Westrup; and associates Ari Byk, Alexandra Manfredi, Katarzyna Goebel, Eric Abbott, Brooke Weese, Ella Ovenden, Gregory Vose, Christine Gartland, Randa Lewis, Maria Otterman, Vaibhav Adlakha, and Olga Kacprzak.

More information about the transaction is available at businesswire.com.