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Ingersoll Rand closed its previously announced acquisition of ILC Dover, a life-science single-use solutions maker, with an upfront cash price of about $2.325 billion, from New Mountain Capital.
Ingersoll Rand agreed to acquire ILC Dover from New Mountain Capital for an upfront cash price of about $2.325 billion plus an earnout. ILC makes single-use solutions and components for biopharma and medical devices.