Ketler & Partners, member of Karanovic, has advised ARX Equity Partners on its acquisition of Instrumentation Technologies and Red Pitaya, a handheld electronics lab, from its founders. The sellers were advised by Acuity Advisors.
Financial details were not disclosed, and the transaction remains contingent to customary closing conditions.
Founded in 1998 and headquartered in Solkan, Slovenia, I-Tech develops and assembles high-specification instrumentation for data acquisition and signal processing used in scientific particle accelerators.
The Ketler & Partners team included Senior Partner Marko Ketler and Senior Associate Ziva Nucic.