---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-063728"
form_type: "8-K"
ticker: "NOVT"
cik: "0001076930"
company_name: "NOVANTA INC"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:09:18.973899+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Novanta to acquire Motion Solutions for $189M cash; expected close Q1 2024

## Summary
- Purchase price $189M in cash, financed with cash on hand and revolving credit facility.
- Motion Solutions expected to generate ~$85M revenue in 2023; employs over 110 in Irvine, CA.
- Acquisition expands Novanta's position in spatial biology, genomics, proteomics, medical robotics, and lab automation.
- Closing subject to HSR antitrust waiting period, expected Q1 2024.
- Conference call on Nov 14, 2023 at 5:00 p.m. ET to discuss the transaction.

## SEC filing metadata
- accession: 0000950170-23-063728
- form_type: 8-K
- ticker: NOVT
- cik: 0001076930
- company_name: NOVANTA INC
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1076930/000095017023063728/0000950170-23-063728-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1076930/000095017023063728/novt-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-063728
- JSON: https://secwatch.observer/filing/0000950170-23-063728.json
- Plain text: https://secwatch.observer/filing/0000950170-23-063728.txt

## Key facts
- Material Agreements
  NOVANTA INC entered into Securities Purchase Agreement with Motion Solutions Holdings LLC and Motion Solutions Parent Corp. valued at $189.0 million (effective 2023-11-14).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Motion Solutions Holdings LLC and Motion Solutions Parent Corp.
  - Value: $189.0 million
  - Effective: 2023-11-14
  source text: On November 14, 2023, Novanta Corporation (the “Buyer”), a wholly-owned subsidiary of Novanta Inc. (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Motion Solutions Holdings LLC (the “Seller”) and Motion Solutions Parent Corp. (“Motion Solutions”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1076930/000095017023063728/0000950170-23-063728-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.