Spectrum Control - M&A Summary, Ownership, and Business Overview

Electrical EquipmentCompany

Spectrum Control M&A Summary

Spectrum Control has acquired 7 companies of its own. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

Spectrum Control’s largest acquisition to date was in 2011, when it acquired Spectrum Control for $270M. It’s largest disclosed sale occurred in 2013, when it sold Spectrum Sensors and Controls to Measurement Specialties for $51M. Spectrum Control has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include electrical equipment (34%) and communications (17%).

Spectrum Control Ownership

Who owns Spectrum Control?

Spectrum Control is owned by AEA Investors. It was acquired on May 9, 2019.

Is Spectrum Control PE-backed?

Yes. Spectrum Control is owned by private equity investor AEA Investors.

Was Spectrum Control formerly PE-backed?

Yes. Spectrum Control was formerly owned by 1 private investor.

Spectrum Control Business Overview

Where is Spectrum Control headquartered?

Spectrum Control is headquartered in Fairview, Pennsylvania.

What is Spectrum Control’s revenue?

Spectrum Control disclosed revenue of 226M USD for 2014 and 244M USD for 2013.

How many employees does Spectrum Control have?

Spectrum Control has 1,862 employees.

What sector is Spectrum Control in?

Spectrum Control is an electrical equipment company.

When was Spectrum Control founded?

Spectrum Control was founded in 1993 .

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity6
    • M&A Sell Activity3
  • Total Sectors Invested 5
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 7
  • M&A Advisors 5

Spectrum Control

Spectrum Control, Inc.

8031 Avonia Road,
Fairview, Pennsylvania 16415
United States,
(814) 474-2207
www.spectrumcontrol.com

Spectrum Control is a designer and manufacturer of high-performance components and subsystems for demanding RF / microwave and electromagnetic spectrum management applications. Spectrum Control provides a broad portfolio of mission-critical products to approximately 1,800 global customers supporting more than 200 programs. Spectrum Control was founded in 1993 and is headquartered in Fairview, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 6 - - - - - 6
vol $278M $278M
Sell (0.0/yr) # 3 - - - - - 3
vol $84M $84M
  9

Most Recent M&A

Company Date Value Type
API Defense USA, Inc. 2018-11-30 - Divestiture
Windber, Pennsylvania
Aeroflex/Inmet, Inc. 2015-04-23 - Divestiture
Ann Arbor, Michigan · www.aeroflex-inmet.com
Aeroflex / Weinschel, Inc. 2015-04-23 - Divestiture
Frederick, Maryland
National Hybrid, Inc. 2013-07-08 33M USD Divestiture
Ronkonkoma, New York · www.nationalhybrid.com
Spectrum Sensors and Controls, Inc. 2013-04-17 51M USD Divestiture
Akron, Ohio · www.specsensors.com
C-MAC Aerospace Ltd. 2012-03-23 - Add-on Acquisition
Amersham, United Kingdom · www.cmac.com
Commercial Microwave Technology, Inc. 2011-11-30 8M USD Add-on Acquisition
Rancho Cordova, California
Spectrum Control, Inc. (old) 2011-03-28 270M USD Add-on Acquisition
Fairview, Pennsylvania · www.spectrumcontrol.com
SenDEC Corp. 2011-01-21 - Add-on Acquisition
Fairport, New York
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Electrical Equipment 2 (33%) 270M (97%) 1 (33%) -
Semiconductors 1 (17%) - 2 (67%) 84M (100%)
Communications 1 (17%) 8M (3%) - -
Defense 1 (17%) - - -
Electronics 1 (17%) - - -
Total 6 $278M 3 $84M

By Geo

State/Country Buy Value Sell Value
United States 5 278M 3 84M
  Pennsylvania 1 270M 1 -
  New York 1 - 1 33M
  Michigan 1 - - -
  Maryland 1 - - -
  California 1 8M - -
  Ohio - - 1 51M
United Kingdom 1 - - -
Domestic 5 (83%) 278M (100%) 3 (100%) 84M (100%)
Cross-border 1 (17%) - - -
Total 6 $278M 3 $84M

Top M&A Advisors

Financial Deals
Canaccord Genuity Corp.
1
Morgan Stanley
1
Raymond James - Investment Banking
1
Legal Deals
Jones Day
1
Travers Smith
1

Deal Values

buy # Total
$100M to $1B 1 $270M
< $100M 1 $8M
TOTAL $278M
Largest Spectrum Control, Inc. (old)
$270M (2011-03-28)
sell # Total
< $100M 2 $84M
TOTAL $84M
Largest Spectrum Sensors and Controls, Inc.
$51M (2013-04-17)

M&A Connections

Deals
Acquired from
Investor(s)
17%
1 (17%)
Strategic(s)
33%
2 (33%)
Divested to
Strategic(s)
100%
3 (100%)

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