M&A Deal Summary

Dover Acquires Espy

On September 15, 2021, Dover acquired technology hardware company Espy

Acquisition Highlights
  • This is Dover’s 5th transaction in the Technology Hardware sector.
  • This is Dover’s 34th transaction in the United States.

M&A Deal Summary
Date 2021-09-15
Target Espy
Sector Technology Hardware
Buyer(s) Dover
Deal Type Add-on Acquisition

Target

Espy

United States
website
Espy designs and manufactures advanced electronic radio frequency sensor systems used to detect, record, analyze and geolocate signals. Espy offers complete signal intelligence systems with integrated software that is sold globally. Espy was founded in 1999 and is based in the United States.

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Buyer(S) 1

Buyer

Dover

Downers Grove, Illinois, United States

website

Category Company
Founded 1947
Sector Machinery
Employees25,000
Revenue 8.5B USD (2022)
DESCRIPTION
Dover's corporate headquarters in Downers Grove, Illinois.
Dover's corporate headquarters in Downers Grove, Illinois.

Dover is a diversified manufacturer of industrial products. Dover delivers innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover was founded in 1947 and is based in Downers Grove, Illinois.

DEAL STATS #
Overall 46 of 54
Sector (Technology Hardware) 5 of 5
Type (Add-on Acquisition) 44 of 50
Country (United States) 34 of 38
Year (2021) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 CDS Visual

San Jose, California, United States

CDS Visual is a provider of software as a service 3D visualization solutions tailored for industrial applications and counts blue-chip industrial manufacturers and distributors among its customers. CDS Visual’s software is built upon proprietary differentiated technology that enables live 3D configuration, 360-degree photorealistic product imagery, augmented reality functionality, and production-ready CAD images. CDS Visual was founded in 2005 and is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-15 LIQAL

Breda , Netherlands

LIQAL is specialized in the design, engineering, production, and turnkey realization of complete tank systems and fuel dispensers for LNG and hydrogen. LIQAL provides customers with safe, efficient, and innovative alternative fuel solutions that are currently experiencing robust adoption, particularly in Europe. LIQAL was founded in 2014 and is based in Breda, Netherlands.

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Mergr

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