The Vitec Group - M&A Summary and Business Overview

Technology HardwareCompany

The Vitec Group M&A Summary

The Vitec Group has acquired 12 companies, including 2 in the last 5 years. It has also divested 3 assets.

The Vitec Group’s largest acquisition to date was in 2022, when it acquired Audix for $54M. It’s largest disclosed sale occurred in 2017, when it sold Vitec Broadcast Services to NEP Group for $41M. The Vitec Group has acquired in 5 different US states, and 4 countries. The Company’s most targeted sectors include consumer products (34%) and electrical equipment (17%).

The Vitec Group Business Overview

Where is The Vitec Group headquartered?

The Vitec Group is headquartered in Richmond, United Kingdom.

What is The Vitec Group’s revenue?

The Vitec Group disclosed revenue of 291M GBP for 2020 and 376M GBP for 2019.

How many employees does The Vitec Group have?

The Vitec Group has 1,800 employees.

What sector is The Vitec Group in?

The Vitec Group is a technology hardware company.

When was The Vitec Group founded?

The Vitec Group was founded in 1909.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity12
    • M&A Sell Activity3
  • Total Sectors Invested 7
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 3
  • M&A Advisors 1

The Vitec Group

The Vitec Group plc

Bridge House Heron Square,
Richmond, TW9 1EN
United Kingdom,
+44 20 8332 4600
www.vitecgroup.com

The Vitec Group is a provider of products and services for the broadcast and video; photographic; and military, aerospace, and government (MAG) markets worldwide. The Vitec Group was founded in 1909 and is based in Richmond, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 10 - 1 1 - - 12
vol $107M $54M $161M
Sell (0.0/yr) # 3 - - - - - 3
vol $41M $41M
  15

Most Recent M&A

Company Date Value Type
Audix Corp. 2022-01-11 54M USD Add-on Acquisition
Taipei, Taiwan · www.audix.com
Savage Universal Corp. 2021-11-16 - Add-on Acquisition
Chandler, Arizona · www.savageuniversal.com
Adeal Pty Ltd. 2018-03-07 4M GBP Add-on Acquisition
Melbourne, Australia · www.adeal.com.au
Lowepro 2017-09-22 - Divestiture
Petaluma, California · www.lowepro.com
JOBY, Inc. 2017-09-22 - Divestiture
Petaluma, California · www.joby.com
RT Motion Systems Ltd. 2017-09-20 5M GBP Add-on Acquisition
Stroud, United Kingdom · www.rtmotion.com
Bexel Global Broadcast Solutions 2017-08-02 - Divestiture
Burbank, California · www.bexel.com
Vitec Broadcast Services, Inc. ( dba Bexel) 2017-08-02 41M GBP Divestiture
Burbank, California · www.bexel.com
Wooden Camera, Inc. 2016-09-20 35M USD Add-on Acquisition
Dallas, Texas · www.woodencamera.com
SmallHD LLC 2014-12-11 5M USD Add-on Acquisition
Cary, North Carolina · www.smallhd.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Consumer Products 4 (33%) 40M (25%) - -
Electrical Equipment 2 (17%) 69M (43%) - -
Electronics 2 (17%) 17M (10%) - -
Aerospace 1 (8%) - - -
Distribution 1 (8%) 4M (3%) - -
Information Technology 1 (8%) 30M (19%) - -
Manufacturing 1 (8%) - - -
Business Services - - 1 (33%) -
Media - - 1 (33%) 41M (100%)
Technology Hardware - - 1 (33%) -
Total 12 $161M 3 $41M

By Geo

State/Country Buy Value Sell Value
United States 7 70M 3 41M
  California 3 30M 2 41M
  Texas 1 35M - -
  North Carolina 1 5M - -
  New Hampshire 1 - - -
  Arizona 1 - - -
  New Jersey - - 1 -
United Kingdom 3 33M - -
Australia 1 4M - -
Taiwan 1 54M - -
Domestic 3 (25%) 33M (20%) - -
Cross-border 9 (75%) 129M (80%) 3 (100%) 41M (100%)
Total 12 $161M 3 $41M

Top M&A Advisors

Financial Deals
Lincoln International
1

Deal Values

buy # Total
< $100M 8 $161M
TOTAL $161M
Largest Audix Corp.
$54M (2022-01-11)
sell # Total
< $100M 1 $41M
TOTAL $41M
Largest Vitec Broadcast Services, Inc. ( dba Bexel)
$41M (2017-08-02)

M&A Connections

Deals
Acquired from
Strategic(s)
17%
2 (17%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

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Related Lists for The Vitec Group

Technology Hardware Companies , United Kingdom Companies