M&A Deal Summary

AMETEK Acquires Spectro Scientific

On November 27, 2018, AMETEK acquired test/measurement equipment company Spectro Scientific from SFW Capital Partners for 190M USD

Acquisition Highlights
  • This is AMETEK’s 11th transaction in the Test/Measurement Equipment sector.
  • This is AMETEK’s 10th largest (disclosed) transaction.
  • This is AMETEK’s 52nd transaction in the United States.
  • This is AMETEK’s 4th transaction in Massachusetts.

M&A Deal Summary
Date 2018-11-27
Target Spectro Scientific
Sector Test/Measurement Equipment
Buyer(s) AMETEK
Sellers(s) SFW Capital Partners
Deal Type Add-on Acquisition
Deal Value 190M USD

Target

Spectro Scientific

Chelmsford, Massachusetts, United States
Spectro Scientific, Inc. is a provider of machine condition monitoring solutions for critical assets in high-value industrial applications. Spectro provides both lab-based and onsite instrumentation, consumables and cloud-based software analytics to help customers determine and monitor the condition of fluids in mission-critical equipment. Spectro Scientific, Inc. was founded in 1983 and is based in Chelmsford, Massachusetts.

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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 61 of 72
Sector (Test/Measurement Equipment) 11 of 13
Type (Add-on Acquisition) 55 of 65
State (Massachusetts) 4 of 5
Country (United States) 52 of 59
Year (2018) 6 of 6
Size (of disclosed) 10 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-01 Telular

Chicago, Illinois, United States

Telular Corp. provides remote monitoring and asset tracking solutions for business and residential customers, enabling security systems and industrial applications to exchange actionable information wirelessly, typically through cellular and satellite technology.

Buy $525M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 Pacific Design Technologies

Goleta, California, United States

Pacific Design Technologies, Inc. designs and manufactures a complete range of custom-engineered, liquid cooling systems and components used in a broad set of current and next-generation commercial aerospace, defense and space platforms. Pacific Design Technologies is based in Goleta, California.

Buy $125M

Seller(S) 1

SELLER

SFW Capital Partners

Rye, New York, United States
Category Private Equity Firm
Founded 2007
PE ASSETS 800M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

SFW Capital Partners is a private equity firm that seeks investments in US based, lower middle market companies that provide analytical tools or related outsourced analytical services. Specific areas of interest include test, measurement, and control instruments, as well as analytical software and information services. SFW primarily seeks control positions where the firm can commit $25 to $200 million per transaction. SFW Capital Partners was formed in 2007 and is based in Rye, New York.

DEAL STATS #
Overall 8 of 12
Sector (Test/Measurement Equipment) 2 of 2
Type (Add-on Acquisition) 5 of 6
State (Massachusetts) 2 of 2
Country (United States) 8 of 12
Year (2018) 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-23 act!

Denver, Colorado, United States

act! is a provider of customer relationship management software and related information management solutions to small-and-medium-sized businesses. act! was founded in 2001 and is based in Denver, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-07 Greenshades Software

Jacksonville, Florida, United States

Greenshades Software is a provider of the payroll tax and human capital management (“HCM”) information and software solutions with deep integrations into leading mid-market ERP platforms such as the Microsoft Dynamics portfolio of products, amongst many others. Greenshades Software was founded in 2002 and is based in Jacksonville, Florida.

Buy -
Mergr

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