On the Record · Idexx Laboratories
Idexx Laboratories acquisitions, on the record
The businesses Idexx Laboratories bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
a privately owned software and data platform business based in the U.S.Word for word“On February 1, 2024, we acquired the assets of a privately owned software and data platform business based in the U.S. that extends our practice management systems cloud-native workflow and delivers strategic data solutions to our customers and their clients for approximately $77 million in cash, and also agreed to make contingent payments of up to $30 million during the subsequent three years, based on the achievement of certain goals.” 10-K for 2023 | acquisition | February 1, 2024 | approximately $77 million in cash |
an international water testing company located in CanadaWord for word“During the third quarter of 2022, we acquired the assets of an international water testing company located in Canada for approximately $ 12.8 million in cash, including a holdback of approximately $ 1.3 million, which was paid in the fourth quarter of 2023.” 10-K for 2023 | acquisition | During the third quarter of 2022 | approximately $ 12.8 million in cash |
a reference laboratory located in FinlandWord for word“During the fourth quarter of 2021, we acquired the shares of a reference laboratory located in Finland for approximately $ 13.4 million in cash, including a holdback of approximately $ 1.4 million , which was paid in the first quarter of 2023.” 10-K for 2023 | acquisition | During the fourth quarter of 2021 | approximately $ 13.4 million in cash |
the remaining 5 % interest of our sole foreign joint venture operationWord for word“During the fourth quarter of 2021, we acquired the remaining 5 % interest of our sole foreign joint venture operation for approximately $ 1.0 million.” 10-K for 2023 | acquisition | During the fourth quarter of 2021 | approximately $ 1.0 million |
a teleradiology businessWord for word“During the third quarter of 2021, we acquired the assets of a teleradiology business for approximately $ 5.4 million, including a contingent payment of $ 0.3 million.” 10-K for 2023 | acquisition | During the third quarter of 2021 | approximately $ 5.4 million |
the ezyVet cloud-based veterinary software businesses, ezyVet US, Inc., and the Vet Radar business assetsWord for word“During the second quarter of 2021, we acquired the assets of the ezyVet cloud-based veterinary software businesses and the shares of ezyVet US, Inc., as well as the Vet Radar business assets, for approximately $ 157.2 million, including an estimated contingent payment of $ 5.0 million.” 10-K for 2023 | acquisition | During the second quarter of 2021 | approximately $ 157.2 million |
a reference laboratory located in SwitzerlandWord for word“During the first quarter of 2021, we acquired the shares of a reference laboratory located in Switzerland for approximately $ 5.5 million in cash, including holdback and contingent payments of approximately $ 1.1 million.” 10-K for 2023 | acquisition | During the first quarter of 2021 | approximately $ 5.5 million in cash |
privately-owned software and data platform business based in the U.S.Word for word“During the first quarter of 2024, we acquired the assets of a privately-owned software and data platform business based in the U.S. that extended our practice management system cloud-native workflow and delivers strategic data solutions to our customers and their clients, for approximately $ 81.1 million, including an estimated contingent payment of $ 4.4 million.” 10-K for 2024 | agreed acquisition | During the first quarter of 2024 | approximately $ 81.1 million, including an estimated contingent payment of $ 4.4 million |
international water testing company located in CanadaWord for word“During the third quarter of 2022, we acquired the assets of an international water testing company located in Canada for approximately $ 12.8 million in cash, including a holdback of approximately $ 1.3 million, which was paid in the fourth quarter of 2023.” 10-K for 2024 | acquisition | During the third quarter of 2022 | approximately $ 12.8 million in cash, including a holdback of approximately $ 1.3 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $2 million | $1.7 million |
| 2017-12-31 | $14.6 million | $13.5 million |
| 2018-12-31 | $22.5 million | $20.3 million |
| 2019-12-31 | $50.3 million | $24.8 million |
| 2020-12-31 | $1.5 million | $220,000 |
| 2021-12-31 | $173.4 million | $120.3 million |
| 2022-12-31 | $11.5 million | $8.5 million |
| 2023-12-31 | $0 | $0 |
| 2024-12-31 | $76.7 million | $45.8 million |
| 2025-12-31 | $0 | — |
Deal filings since 2016
- 2025-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Idexx Laboratories’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.