TestEquity - M&A Summary and Business Overview

DistributionCompany

TestEquity M&A Summary

TestEquity has acquired 6 companies, including 3 in the last 5 years.

TestEquity’s largest acquisition to date was in 2022, when it acquired Interworld Highway for $55M. TestEquity has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include test/measurement equipment (67%) and distribution (17%).

TestEquity Business Overview

Where is TestEquity headquartered?

TestEquity is headquartered in Moorpark, California.

What sector is TestEquity in?

TestEquity is a distribution company.

When was TestEquity founded?

TestEquity was founded in 1971.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

TestEquity

TestEquity LLC

6100 Condor Drive,
Moorpark, California 93021
United States,
(805) 498-9933
www.testequity.com

TestEquity is a distributor of electronic test and measurement equipment as well as laboratory and production supplies. TestEquity is a source provider for test solutions and electronic production supplies. TestEquity was founded in 1971 and is based in Moorpark, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 3 - - 3 - - 6
vol $63M $63M
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Instrumex GmbH 2022-12-07 - Add-on Acquisition
Sauerlach, Germany · www.instrumex.de
National Test Equipment, Inc. 2022-06-01 8M USD Add-on Acquisition
Oceanside, California · www.ntecusa.com
Interworld Highway LLC 2022-05-02 55M USD Add-on Acquisition
Long Branch, New Jersey · www.interworldhighway.com
Techni-Tool, Inc. 2017-07-26 - Divestiture
Worcester, Pennsylvania · www.techni-tool.com
JENSEN Tools + Supply, Inc. 2017-01-10 - Divestiture
North Andover, Massachusetts · www.jensentools.com
EWD Solutions 2014-08-05 - Add-on Acquisition
Carrollton, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Test/Measurement Equipment 4 (67%) 63M (100%) - -
Distribution 1 (17%) - - -
Machinery 1 (17%) - - -
Total 6 $63M - -

By Geo

State/Country Buy Value Sell Value
United States 5 63M - -
  Texas 1 - - -
  Pennsylvania 1 - - -
  New Jersey 1 55M - -
  Massachusetts 1 - - -
  California 1 8M - -
Germany 1 - - -
Domestic 5 (83%) 63M (100%) - -
Cross-border 1 (17%) - - -
Total 6 $63M - -

Deal Values

buy # Total
< $100M 2 $63M
TOTAL $63M
Largest Interworld Highway LLC
$55M (2022-05-02)

M&A Connections

Deals
Acquired from
Strategic(s)
33%
2 (33%)

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