M&A Deal Summary

AMETEK Acquires Amptek

On August 5, 2014, AMETEK acquired test/measurement equipment company Amptek from Bolder Capital and The Edgewater Funds

Acquisition Highlights
  • This is AMETEK’s 7th transaction in the Test/Measurement Equipment sector.
  • This is AMETEK’s 39th transaction in the United States.
  • This is AMETEK’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2014-08-05
Target Amptek
Sector Test/Measurement Equipment
Buyer(s) AMETEK
Sellers(s) Bolder Capital
The Edgewater Funds
Deal Type Add-on Acquisition

Target

Amptek

Bedford, Massachusetts, United States
Amptek, Inc. is a provider in the design and manufacture of state-of-the-art nuclear instrumentation for the satellite, x-ray and gamma ray detection, laboratory, analytical, and portable instrumentation industries.

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Buyer(S) 1

Buyer

AMETEK

Berwyn, Pennsylvania, United States

Category Company
Founded 1930
Sector Test/Measurement Equipment
Employees21,500
Revenue 6.6B USD (2023)
DESCRIPTION
Entrance to AMETEK's headquarters in Berwyn, Pennsylvania.
Entrance to AMETEK's headquarters in Berwyn, Pennsylvania.

AMETEK is a global manufacturer of electronic instruments and electromechanical devices. AMETEK was founded in 1930 and is based in Berwyn, Pennsylvania.


DEAL STATS #
Overall 46 of 72
Sector (Test/Measurement Equipment) 7 of 13
Type (Add-on Acquisition) 41 of 65
State (Massachusetts) 2 of 5
Country (United States) 39 of 59
Year (2014) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-05 Zygo

Middlefield, Connecticut, United States

Zygo is a supplier of optical metrology instruments, precision optics and electro-optical design and manufacturing services serving customers in the semiconductor equipment, bio-medical, scientific and industrial markets.

Buy $280M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-08 Global Tubes

Collegeville, Pennsylvania, United States

Global Tubes is a manufacturer of highly specialized precision metal tubing from a wide variety of metals and alloys including stainless steel, nickel, zirconium, and titanium. Its products are used in highly engineered applications serving the aerospace, energy, power generation, and medical markets.

Buy $200M

Seller(S) 2

SELLER

Bolder Capital

Lakewood, Colorado, United States

Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Bolder Capital is a private equity group that invests in lower middle-market manufacturing and service oriented businesses. The Group pursues companies operating in growth markets with proprietary products or technologies. Target businesses have at least $2 million of EBITDA with an enterprise value of minimum $500 million. Funds are generally used to support acquisitions/buyouts, recapitalizations and selective growth equity opportunities. Bolder Capital was formed in 2004 and is based in Chicago.


DEAL STATS #
Overall 7 of 12
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (Massachusetts) 1 of 1
Country (United States) 7 of 12
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-29 Priority Express Courier

Boothwyn, Pennsylvania, United States

Priority Express Courier, Inc. is a provider of same-day express delivery services to laboratories, health systems, and multiple other high-touch industries. Priority Express serves a variety of customers out of its 5 distribution facilities in the northeast and mid-Atlantic regions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-27 Galson Laboratories

East Syracuse, New York, United States

GAL Services, Inc. is a full service provider of analytical air testing services to evaluate and monitor workplace safety.

Sell -
SELLER

The Edgewater Funds

Chicago, Illinois, United States

Category Private Equity Firm
Founded 1991
PE ASSETS 2.8B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Edgewater Funds is a private equity firm that targets investments in profitable, middle-market growth companies. Target companies typically have revenues of $20 to $500 million in revenue and EBITDA of $5 to $30 million. The Firm will consider minority and control investments in the form of growth capital financings and traditional buyouts. Edgewater looks for North American businesses operating in a variety of industries. Sectors of interest include business services; financial and government services; consumer products and services; healthcare; IT services and software; and industrial/manufacturing. Edgewater was formed in 1991 and is based in Chicago, Illinois.


DEAL STATS #
Overall 22 of 42
Sector (Test/Measurement Equipment) 1 of 2
Type (Add-on Acquisition) 11 of 19
State (Massachusetts) 1 of 1
Country (United States) 21 of 41
Year (2014) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-03 ETX

Alma, Michigan, United States

ETX, Inc. is a manufacturer and distributor of remanufactured torque converters and transmissions, air conditioning components, and other automotive parts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-27 Galson Laboratories

East Syracuse, New York, United States

GAL Services, Inc. is a full service provider of analytical air testing services to evaluate and monitor workplace safety.

Sell -