M&A Deal Summary

Sensata Technologies Acquires Preco Electronics

On August 13, 2020, Sensata Technologies acquired technology hardware company Preco Electronics

Acquisition Highlights
  • This is Sensata Technologies’ 1st transaction in the Technology Hardware sector.
  • This is Sensata Technologies’ 8th transaction in the United States.
  • This is Sensata Technologies’ 1st transaction in Idaho.

M&A Deal Summary
Date 2020-08-13
Target Preco Electronics
Sector Technology Hardware
Buyer(s) Sensata Technologies
Deal Type Add-on Acquisition

Target

Preco Electronics

Boise, Idaho, United States
website
Preco Electronics, Inc. is a designer and manufacturer of electronic industrial-safety products, Preco Electronics has evolved into a diversified organization that serves a broad base of customers in construction, mining, municipality, utility, service, waste and many other industries domestically and internationally. Preco Electronics, Inc. was founded in 1947 and is based in Boise, Idaho.

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Buyer(S) 1

Buyer

Sensata Technologies

Attleboro, Massachusetts, United States

website

Category Company
Founded 1916
Sector Electrical Equipment
Employees19,400
Revenue 4.1B USD (2023)
DESCRIPTION

Sensata Technologies is a provider of sensing, electrical protection, control, and power management solutions with operations and business centers in 11 countries. Sensata's products improve safety, efficiency, and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle, and marine applications. Sensata Technologies was founded in 1916 and is based in Attleboro, Massachusetts.

DEAL STATS #
Overall 9 of 16
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 7 of 14
State (Idaho) 1 of 1
Country (United States) 8 of 14
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 GIGAVAC

Carpinteria, California, United States

GIGAVAC LLC is a provider of solutions that enable electrification in demanding environments. GIGAVAC offers secure online ordering for most of our sealed contactors, manual disconnect switches, compact minitactors and high voltage relays. GIGAVAC LLC was founded in 2002 and is based in Carpinteria, California.

Buy $233M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-02 Lithium Balance A/S

Smorum, Denmark

Lithium Balance A/S is a provider for Battery Management Systems (BMS), a critical performance system in applications utilizing lithium-ion battery-based solutions. Lithium Balance also produces battery energy storage systems using lithium-ion technology. Lithium Balance was founded in 2006 and is based in Smorum, Denmark.

Buy -
Mergr

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