Teledyne Technologies - M&A Summary and Business Overview

Test/measurement EquipmentCompany

Teledyne Technologies M&A Summary

Teledyne Technologies has acquired 49 companies, including 10 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 7 assets.

Teledyne Technologies’ largest acquisition to date was in 2021, when it acquired FLIR Systems for $8.0B. It’s largest disclosed sale occurred in 2010, when it sold Teledyne Continental Motors to AVIC International for $186M. Teledyne Technologies has acquired in 15 different US states, and 9 countries. The Company’s most targeted sectors include test/measurement equipment (28%) and electronics (21%).

Teledyne Technologies Business Overview

Where is Teledyne Technologies headquartered?

Teledyne Technologies is headquartered in Thousand Oaks, California.

What is Teledyne Technologies’ revenue?

Teledyne Technologies disclosed revenue of 5,636M USD for 2023 and 5,459M USD for 2022.

How many employees does Teledyne Technologies have?

Teledyne Technologies has 14,900 employees.

What sector is Teledyne Technologies in?

Teledyne Technologies is a test/measurement equipment company.

When was Teledyne Technologies founded?

Teledyne Technologies was founded in 1960.

M&A Summary

  • M&A Total Activity55
    • M&A Buy Activity48
    • M&A Sell Activity7
  • Total Sectors Invested 14
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 14
  • M&A Advisors 8

Teledyne Technologies

Teledyne Technologies, Inc.

1049 Camino Dos Rios,
Thousand Oaks, California 91360
United States,
(805) 373-4545
www.teledyne.com

Teledyne Technologies provides enabling technologies for the deepwater oil and gas exploration and production, oceanographic research, air and water quality environmental monitoring, electronics design and development, factory automation and medical imaging markets. The Company's products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment, digital imaging sensors and cameras, aircraft information management systems, and defense electronic and satellite communication subsystems. Teledyne also supplies engineered systems for defense, space, environmental and energy applications. Teledyne Technologies was founded in 1960 and is based in Thousand Oaks, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.6/yr) # 40 - 1 2 2 3 48
vol $2.5B $8.0B $710M $11.2B
Sell (0.0/yr) # 7 - - - - - 7
vol $372M $372M
  55

Most Recent M&A

Company Date Value Type
Excelitas - Select Aerospace and Defense Electronics Businesses 2024-11-06 710M USD Divestiture
, United States
Valeport Holdings Ltd. 2024-03-12 - Add-on Acquisition
Totnes, United Kingdom · www.valeport.co.uk
Adimec Advanced Image Systems bv 2024-02-13 - Add-on Acquisition
Eindhoven, Netherlands · www.adimec.com
Xena Networks ApS 2023-10-03 - Add-on Acquisition
Lyngby, Denmark · www.xenanetworks.com
ChartWorld International Ltd. 2023-01-03 - Add-on Acquisition
Limassol, Texas · www.chartworld.com
ETM-Electromatic, Inc. 2022-10-26 - Add-on Acquisition
Newark, California · www.etm-inc.com
Noiseless Acoustics Oy 2022-07-15 - Add-on Acquisition
Helsinki, Poland · www.nlacoustics.com
FLIR Systems, Inc. 2021-01-04 8.0B USD Add-on Acquisition
Wilsonville, Oregon · www.flir.com
Micralyne, Inc. 2019-09-03 - Add-on Acquisition
Edmonton, Alberta · www.micralyne.com
3M Co. - Gas & Flame Detection Business 2019-06-05 230M USD Divestiture
St Paul, Minnesota
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Intelek plc 2010-06-16 CML Group Ltd. 2010-08-16 1
Swindon, United Kingdom · www.intelek.plc.uk Birkenhead, United Kingdom · www.cml-group.com
Teledyne Scientific & Imaging LLC 2006-07-27 Judson Technologies LLC 2007-12-24 4
Thousand Oaks, California · www.teledyne-si.com Montgomeryville, Pennsylvania · www.judsontechnologies.com

M&A by Sector

Sector Buy # Value Sell # Value
Test/Measurement Equipment 13 (27%) 370M (3%) 2 (29%) -
Electronics 10 (21%) 8.8B (79%) - -
Electrical Equipment 9 (19%) 1.1B (10%) - -
Aerospace 3 (6%) 7M (< 1%) 4 (57%) 372M (100%)
Technology Hardware 3 (6%) 710M (6%) - -
Software 2 (4%) - - -
Business Services 1 (2%) - - -
Communications 1 (2%) 12M (< 1%) - -
Distribution 1 (2%) - - -
Energy Services and Equipment 1 (2%) 171M (2%) - -
Machinery 1 (2%) - - -
Manufacturing 1 (2%) - - -
Marine 1 (2%) - - -
Medical Products 1 (2%) - - -
Insurance - - 1 (14%) -
Total 48 $11.2B 7 $372M

By Geo

State/Country Buy Value Sell Value
United States 29 9.9B 6 372M
  California 12 264M - -
  Virginia 2 - - -
  New York 2 291M - -
  Illinois 1 - 1 -
  Alabama - - 2 372M
  New Hampshire 1 8M - -
  Nebraska 1 80M - -
  Minnesota 1 230M - -
  Massachusetts 1 31M - -
  Connecticut 1 171M - -
  Colorado 1 24M - -
  South Carolina 1 42M - -
  Pennsylvania 1 - - -
  Oregon 1 8.0B - -
  Ohio 1 - - -
United Kingdom 8 1.1B - -
Canada 4 259M - -
  Alberta 2 - - -
  Ontario 1 259M - -
  New Brunswick 1 - - -
Denmark 2 - - -
Germany 1 - 1 -
Belgium 1 - - -
Cyprus 1 - - -
  Texas 1 - - -
Netherlands 1 - - -
Poland 1 - - -
Domestic 29 (60%) 9.9B (88%) 6 (86%) 372M (100%)
Cross-border 19 (40%) 1.3B (12%) 1 (14%) -
Total 48 $11.2B 7 $372M

Top M&A Advisors

Financial Deals
Needham & Co. LLC
 3
Evercore Group
 1
Lincoln International
 1
Legal Deals
McGuireWoods
 5
Harwood Feffer LLP
 1
Eversheds LLP
 1

Deal Values

buy # Total
> $1B 1 $8.0B
$100M to $1B 7 $2.8B
< $100M 13 $408M
TOTAL $11.2B
Largest FLIR Systems, Inc.
$8.0B (2021-01-04)
sell # Total
$100M to $1B 2 $372M
TOTAL $372M
Largest Teledyne Continental Motors
$186M (2010-12-14)

M&A Connections

Deals
Acquired from
Investor(s)
2%
1 (2%)
Strategic(s)
21%
10 (21%)
Divested to
Strategic(s)
86%
6 (86%)

Company Summary

SECTOR

Test/Measurement Equipment

Revenue

5,636   4% 2023
5,459   19% 2022
4,614   50% 2021
3,086   3% 2020
3,164   10% 2019
2,902   12% 2018
2,604   22% 2017
2,150   7% 2016
2,298   5% 2015
2,394   3% 2014
2,338   10% 2013
2,127   2012
(millions of USD) Show More Show Less

Employees

14,900

Established

1960

Public

NYSE: TDY

Former Name

Teledyne Technologies International Corp.

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