Honeywell to acquire Sparta Systems for $1.3B

By Chris Newmarker | December 22, 2020

Honeywell Sparta Systems Honeywell (NYSE:HON) announced today that it will buy Sparta Systems (Hamilton, N.J.) and its medtech and pharma quality management software for $1.3 billion.

Officials at Honeywell and Sparta Systems’ present owner New Mountain Capital expect the all-cash deal to close by the end of Q1 2021, pending certain regulatory approvals and other customary closing conditions.

The acquisition will enable Honeywell to leverage its global presence, Honeywell Forge and Sparta’s expertise to introduce new, integrated solutions, including QMS offerings, for life sciences and adjacent industries. Sparta Systems says its more than 400 customers include 42 of the top 50 pharma companies and 33 of the top 50 medical device companies.

Get the full story on our sister site Medical Design & Outsourcing.

About The Author

Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at [email protected].