IDEX Corporation

IDEX Corporation (NYSE: IEX) is a global leader in engineered industrial products, delivering mission-critical solutions across highly specialized markets worldwide. Headquartered in Northbrook, Illinois, IDEX operates through three primary business segments that serve diverse industries including healthcare, life sciences, energy, agriculture, food and beverage, semiconductor manufacturing, fire safety, and industrial automation. Founded in 1988 through a leveraged buyout orchestrated by Kohlberg Kravis Roberts & Co. (KKR), IDEX began with core businesses acquired from Houdaille Industries, including Viking Pump, Warren Rupp, Hale Products, and Corken. The company's name stands for "Innovation, Diversity, and Excellence," values that have guided its growth from $209 million in first-year sales to $3.3 billion in 2024 revenue.

IDEX's Fluid & Metering Technologies segment designs and manufactures precision pumps, valves, flow meters, and fluid handling systems essential for industries ranging from agriculture and chemicals to energy and pharmaceuticals. The Health & Science Technologies segment produces highly engineered fluidics, pumps, sealing solutions, and optical components for critical applications in life sciences, semiconductor fabrication, aerospace, and medical devices. The Fire & Safety/Diversified Products segment delivers pumps, valves, rescue equipment, and engineered solutions for emergency response, firefighting, automotive, and industrial markets. This diversified portfolio positions IDEX to capitalize on global megatrends in healthcare innovation, industrial automation, environmental sustainability, and infrastructure development.

IDEX has built its success through strategic acquisitions and organic innovation, completing over 60 acquisitions since its founding. The company operates more than 50 largely decentralized businesses as subsidiaries, fostering entrepreneurial agility while leveraging corporate stability and resources. Recent major acquisitions include Mott Corporation ($1 billion, September 2024), a leader in porous metal filtration and flow control for semiconductors, biopharma, and aerospace, and STC Material Solutions ($206 million, 2024), specializing in technical ceramics and hermetic sealing for high-tech applications. With approximately 9,000 employees operating in 20 countries, IDEX combines local market expertise with global scale to deliver innovative solutions that enhance customer productivity, safety, and performance across mission-critical applications worldwide.

As of 2024, IDEX maintains a strong market position with record quarterly sales and continued investment in R&D and strategic acquisitions. The company's decentralized operating model empowers business units to respond quickly to customer needs while maintaining disciplined financial performance. IDEX's focus on specialized, high-value markets with favorable long-term growth dynamics positions it well for sustained success. The company is publicly traded on the New York Stock Exchange and is a constituent of the S&P 500 index, reflecting its significance in the industrial products sector. With a proven track record of execution, strategic capital allocation, and operational excellence, IDEX Corporation continues to write its next chapter as a global provider of precision-engineered solutions powering critical infrastructure and innovation across industries.