M&A Deal Summary

Advanced Energy Acquires Tegam

On June 2, 2021, Advanced Energy acquired manufacturer Tegam for 18M USD

Acquisition Highlights
  • This is Advanced Energy’s 1st transaction in the Manufacturing sector.
  • This is Advanced Energy’s 6th largest (disclosed) transaction.
  • This is Advanced Energy’s 9th transaction in the United States.
  • This is Advanced Energy’s 1st transaction in Ohio.

M&A Deal Summary
Date 2021-06-02
Target Tegam
Sector Manufacturing
Buyer(s) Advanced Energy
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

Tegam

Geneva, Ohio, United States
Tegam is a provider of metrology and calibration instrumentation used in semiconductor and advanced industrial markets. The company designs, manufactures, and calibrates instrumentation that impacts daily life in surprising ways. Tegam continuously invests in the R&D of products and calibration techniques that allow you to make your critical measurements with the highest confidence. Its electrical measuring capabilities include temperature, RF power, and micro-Ohms. Tegam was formed in 1979 and is based in Geneva, Ohio.

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Buyer(S) 1

Buyer

Advanced Energy

Denver, Colorado, United States
Category Company
Founded 1981
Sector Electronics
Employees10,000
Revenue 1.7B USD (2023)
DESCRIPTION
Advanced Energy's corporate headquarters in Fort Collins, Colorado.
Advanced Energy's corporate headquarters in Fort Collins, Colorado.

Advanced Energy is a producer of power and control technologies for the high-growth, thin-film manufacturing and solar-power generation industries. Advanced Energy targets solar grid-tie inverters, solar cells, semiconductors, flat panel displays, data storage products, architectural glass and other advanced applications. Advanced Energy was founded in 1981 and is based in Denver, Colorado.

DEAL STATS #
Overall 14 of 16
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 13 of 14
State (Ohio) 1 of 1
Country (United States) 9 of 11
Year (2021) 2 of 2
Size (of disclosed) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-08 Versatile Power

Campbell, California, United States

Versatile Power is a provider of radio frequency (RF) and programmable power supplies for medical and industrial applications. Versatile Power is based in Campbell, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 SL Power

Calabasas, California, United States

SL Power is a supplier of power conversion solutions for medical and advanced industrial applications. The company offers medical and advanced industrial original equipment manufacturers (OEMs) an extensive portfolio of standard, modified standard, and custom solutions with superior performance that meet the stringent requirements of mission-critical applications. SL Power was formed in 1960 and is based in Calabasas, California.

Buy $145M
Mergr

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