Brooks Automation Announces Completion of BioStorage Technologies Acquisition
CHELMSFORD, Mass. — Brooks Automation, Inc. (Nasdaq:BRKS), a leading worldwide provider of automated and cryogenic solutions for multiple markets including semiconductor manufacturing and life sciences, announced today that it has closed its previously announced acquisition of BioStorage Technologies, Inc.
BioStorage, headquartered in Indianapolis, Indiana, is an industry leader in the storage of biological samples for multiple end markets, including pharmaceutical, biotech, clinical, healthcare, academic and government. BioStorage provides comprehensive outsource service solutions across the complete life cycle of biological samples including collection, transportation, processing, protection, retrieval and disposal, and complements this offering with a powerful sample data management system. BioStorage’s revenue for the trailing twelve months was approximately $40 million and future revenue growth is expected based on current backlog and the pipeline for new customers. Earnings are expected to be accretive on a non-GAAP basis within the first half of Brooks’ fiscal 2016.
Evercore acted as financial advisor and Mintz, Levin, Cohn, Ferris, Glovesky and Popeo acted as legal counsel to Brooks Automation in connection with the transaction.
About Brooks Automation, Inc.
Brooks is a leading worldwide provider of automation and cryogenic solutions for multiple markets including semiconductor manufacturing and life sciences. Brooks’ technologies, engineering competencies and global service capabilities provide customers speed to market and ensure high uptime and rapid response, which equate to superior value in their mission-critical controlled environments. Since 1978, Brooks has been a leading partner to the global semiconductor manufacturing market and, through product development initiatives and strategic business acquisitions, has expanded offerings to meet the needs of customers in the life sciences industry, analytical & research markets and clean energy solutions. Brooks is headquartered in Chelmsford, MA, with direct operations in North America, Europe and Asia. For more information, visit www.brooks.com.

