Checkit - M&A Summary and Business Overview

ElectronicsCompany

Checkit M&A Summary

Checkit has acquired 1 company. It has also divested 8 assets.

It’s largest disclosed sale occurred in 2019, when it sold Bulgin to Equistone Partners Europe Limited for $162M. The Company’s most targeted sectors include electrical equipment (100%).

Checkit Business Overview

Where is Checkit headquartered?

Checkit is headquartered in Cambridge, United Kingdom.

What is Checkit’s revenue?

Checkit disclosed revenue of 13M GBP for 2022 and 13M GBP for 2021.

How many employees does Checkit have?

Checkit has 170 employees.

What sector is Checkit in?

Checkit is an electronics company.

When was Checkit founded?

Checkit was founded in 1948.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity1
    • M&A Sell Activity8
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7

Checkit

Checkit plc

Broers Building JJ Thomson Avenue,
Cambridge, CB3 0FA
United Kingdom,
+44 12 2364 3313
www.checkit.net

Checkit is a technology group that designs, manufactures and markets engineered products which are vital to a connected world. Checkit was founded in 1948 and is based in Cambridge, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.0/yr) # 8 - - - - - 8
vol $169M $169M
  9

Most Recent M&A

Company Date Value Type
Bulgin Ltd. 2019-07-31 162M GBP Divestiture
Cambridge, United Kingdom · www.bulgin.com
Queensgate Nano 2018-02-16 2M GBP Divestiture
Cambridge, United Kingdom · www.nanopositioning.com
Sheen Instruments Ltd. 2017-10-20 2M GBP Divestiture
West Molesey, United Kingdom · www.sheeninstruments.com
Titman Tip Tools Ltd. 2017-07-31 770K GBP Sold to Management
Essex, United Kingdom · www.titman.co.uk
Digitron 2017-03-27 - Divestiture
Cambridge, United Kingdom
Wallace Instruments Ltd. 2016-12-02 - Divestiture
England, United Kingdom
Carnation Designs Ltd. 2016-09-30 - Divestiture
West Yorkshire, United Kingdom · www.carnationdesigns.com
Agar Scientific Ltd. 2016-05-25 3M GBP Divestiture
Stansted, United Kingdom · www.agarscientific.com
Arcolectric, Ltd. 2003-12-23 - Add-on Acquisition
West Molesey, United Kingdom · www.arcoswitch.co.uk
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Elektron Eye Technology Ltd.    - Elektron Eye Technology Ltd. - Henson Perimeter Business 2020-07-16 1
Cambridge, United Kingdom · www.elektron-eye-technology.com Cambridge, United Kingdom

M&A by Sector

Sector Buy # Value Sell # Value
Test/Measurement Equipment - - 4 (50%) 3M (2%)
Electrical Equipment 1 (100%) - - -
Automotive - - 1 (13%) -
Electronics - - 1 (13%) 162M (96%)
Machinery - - 1 (13%) 770K (< 1%)
Medical Products - - 1 (13%) 3M (2%)
Total 1 - 8 $169M

By Geo

State/Country Buy Value Sell Value
United Kingdom 1 - 8 169M
Total 1 - 8 $169M

Deal Values

sell # Total
$100M to $1B 1 $162M
< $100M 4 $7M
TOTAL $169M
Largest Bulgin Ltd.
$162M (2019-07-31)

M&A Connections

Deals
Divested to
Investor(s)
25%
2 (25%)
Strategic(s)
63%
5 (63%)

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