Sale to Halma plc

Technology & Services
Sale to Halma plc


Baird served as exclusive financial adviser to CenTrak, Inc.


CenTrak, Inc. (“CenTrak” or the “Company”) was recently acquired by Halma plc (“Halma”) (LSE: HLMA) for $140 million.

CenTrak designs and manufactures sensors and proprietary communication technology that provide the most reliable and precise location data for healthcare facilities to ensure compliance with regulations and to improve patient care. Through strategic partnerships with leading healthcare application providers, CenTrak’s technology enables real-time monitoring of a range of parameters including patient, staff and medical equipment location, patient security, hand hygiene compliance and environmental / temperature conditions. CenTrak is headquartered in Newtown, Pennsylvania.

Halma is a leading safety, health and environmental technology group. Halma employs over 5,400 people in nearly 50 subsidiary businesses based in 23 countries. Halma is headquartered in Buckinghamshire, the United Kingdom.

CenTrak will be part of Halma’s Medical sector which includes a range of healthcare device companies serving niche applications in global markets. The CenTrak CEO and management team will continue to operate the business out of its current locations.

For additional information about this transaction, please contact:

Chase Sanders +1 (202) 303-1807
Brian Doyal +1 (312) 609-4916
Bill Suddath +1 (404) 264-2222
Ray Chery +1 (415) 627-3288
Vincenzo di Nicola +44 (207) 667-8532
Technology & Services
Sale to Halma plc
February 2016
CenTrak, Inc.
Technology & Services
Target Location
North America
Acquiror Location