M&A Deal Summary

AMETEK Acquires UEI

On September 6, 2023, AMETEK acquired test/measurement equipment company UEI

Acquisition Highlights
  • This is AMETEK’s 13th transaction in the Test/Measurement Equipment sector.
  • This is AMETEK’s 59th transaction in the United States.
  • This is AMETEK’s 5th transaction in Massachusetts.

M&A Deal Summary

Date 2023-09-06
Target UEI
Sector Test/Measurement Equipment
Buyer(s) AMETEK
Deal Type Add-on Acquisition

Target

UEI

Norwood, Massachusetts, United States
UEI is a provider in the design and manufacture of high-performance test, measurement, simulation and control solutions that enable customers to build smart, reliable, flexible and rugged systems. The company's products are used in a variety of mission-critical applications, including flight simulation and training, machine health and usage monitoring, and automated testing. UEI was founded in 1990 and is based in Norwood, Massachusetts.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 71 of 72
Sector (Test/Measurement Equipment) 13 of 13
Type (Add-on Acquisition) 64 of 65
State (Massachusetts) 5 of 5
Country (United States) 59 of 59
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Alphasense

Braintree, United Kingdom

Alphasense is a provider of gas and particulate sensors for use in environmental, health and safety, and air quality applications. Alphasense designs and manufactures a broad range of technologically advanced gas detection sensors used in fixed and portable detection systems. Alphasense sensors provide critical measurements of oxygen concentration, harmful toxic gases, and volatile organic compounds across a wide range of industrial, commercial, and environmental applications. Alphasense was founded in 1996 and is based in Braintree, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-31 Virtek

Waterloo, Ontario, Canada

Virtek provides vision and laser projection solutions primarily for the aerospace, construction, and industrial end markets. The company’s proprietary laser projection systems enable customers to maximize productivity and reduce human error by providing visual guides for assembly, construction, inspection, and paint tasks. Virtek was founded in 1986 and is based in Waterloo, Ontario.

Buy -