M&A Deal Summary

Averna Acquires Test & Measurement Solution NV

On March 14, 2016, Averna acquired test/measurement equipment company Test & Measurement Solution NV

Acquisition Highlights
  • This is Averna’s 3rd transaction in the Test/Measurement Equipment sector.
  • This is Averna’s 1st transaction in Belgium.

M&A Deal Summary

Date 2016-03-14
Target Test & Measurement Solution NV
Sector Test/Measurement Equipment
Buyer(s) Averna
Deal Type Add-on Acquisition

Target

Test & Measurement Solution NV

Hasselt, Belgium
Test & Measurement Solution NV is a developer of multidisciplinary solutions to test, measure, inspect, assemble and validate products in nearly all segments of the production industry.

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Buyer(S) 1

Buyer

Averna

Montreal, Quebec, Canada

Category Company
Founded 1999
Sector Electronics
DESCRIPTION

Averna is a manufacturing solution provider for communications and electronics device-makers worldwide, helping them deliver a better end-user customer experience. Key Averna clients in the communications, aerospace, defense, automotive, consumer electronics, and medical device industries use Proligent, RF Test instruments, and other test solutions to accelerate product development, reduce manufacturing costs, achieve superior quality throughout the lifecycle, and solve critical supply-chain issues. It has offices around the world as well as a network of partners such as JOT Automation, Keysight Technologies, and National Instruments. Averna was founded in 1999 and is based in Montreal, Quebec.


DEAL STATS #
Overall 4 of 8
Sector: Test/Measurement Equipment M&A 3 of 6
Type: Add-on Acquisition M&A Deals 4 of 6
Country: Belgium M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-08 Cal-Bay Systems

San Rafael, California, United States

Cal-Bay Systems, Inc. is a provider of test systems, test and measurement solutions, automated testing and vibration monitoring tools.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Nexjen Systems

Charlotte, North Carolina, United States

Nexjen Systems LLC is a full service system integrator that specializes in the design and fabrication of custom test, measurement and automation systems.

Buy -