On December 11, 2023, Spectris plc, the expert in providing insight through precision measurement, announced the sale of Red Lion Controls, a leading provider of innovative software and hardware solutions to industrial organizations, to HMS Networks for $345 million. The transaction is expected to be completed in the first half of 2024, subject to customary completion conditions.
The WilmerHale team advising Spectris consisted of Stephanie Evans, JC Minko, Bill Caporizzo, Meghan Walsh, Scott Kilgore, David Gold, Doug Burton, Jeff Johnson, Lee Greenfield, Carla Gilbertson, Jason Chipman, Christian Crones, Karsten Silbernagel and Oliver Fleischmann.