M&A Deal Summary

Amphenol Acquires PCTEL

On October 13, 2023, Amphenol acquired technology hardware company PCTEL for 140M USD

Acquisition Highlights
  • This is Amphenol’s 4th transaction in the Technology Hardware sector.
  • This is Amphenol’s 8th largest (disclosed) transaction.
  • This is Amphenol’s 16th transaction in the United States.
  • This is Amphenol’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2023-10-13
Target PCTEL
Sector Technology Hardware
Buyer(s) Amphenol
Deal Type Add-on Acquisition
Deal Value 140M USD
Advisor(s) Lake Street Capital Markets LLC (Financial)
Morgan Lewis (Legal)

Target

PCTEL

Bloomingdale, Illinois, United States
website
PCTEL is a provider of propagation and wireless network optimization solutions. The company designs and develops software-based radios for wireless network optimization and develops and distributes innovative antenna solutions. The company's SeeGull(R) scanning receivers, receiver-based products, and CLARIFY(R) interference management solutions are used to measure, monitor, and optimize cellular networks. Its SeeGull scanning receivers are deployed in industry-leading wireless test and measurement equipment and are viewed as an essential wireless data collection tool for cellular network optimization, drive tests, and spectrum clearing. PCTEL was founded in 1994 and is based in Bloomingdale, Illinois.

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Buyer(S) 1

Buyer

Amphenol

Wallingford, Connecticut, United States

website

Category Company
Founded 1932
Sector Electronics
Employees91,000
Revenue 12.6B USD (2022)
DESCRIPTION

Amphenol is a producer of electronic and fiber optic connectors, cable and interconnect systems. Amphenol products are engineered and manufactured in the Americas, Europe and Asia and sold by a worldwide sales and marketing organization. The primary end markets for the Company's products are communication systems for the converging technologies of voice, video and data communications, industrial/automotive and military/aerospace applications. Amphenol was incorporated in 1932 and is based in Wallingford, Connecticut.

DEAL STATS #
Overall 24 of 26
Sector (Technology Hardware) 4 of 4
Type (Add-on Acquisition) 21 of 22
State (Illinois) 2 of 2
Country (United States) 16 of 18
Year (2023) 2 of 2
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-27 CMR Group

Marseille, France

CMR Group is a global engineering partner for marine, offshore, and industrial applications. Our solutions include design, manufacturing, and service of instrumentation and engine controls. CMR Group was founded in 1959 and is based in Marseille, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-30 Carlisle Interconnect Technologies

St. Augustine, Florida, United States

Carlisle Interconnect Technologies is a designer and manufacturer of high performance wire and cable including optical fiber. Carlisle designs and produces products for harsh environments. Products include interconnect products such as contacts, connectors, cable assemblies, installation kits, ARINC trays, racks and shelf assemblies. Carlisle Interconnect Technologies is based in St. Augustine, Florida.

Buy $2.0B
Mergr

Product

Company

Legal