M&A Deal Summary

CTS Acquires Sensor Scientific

On December 30, 2020, CTS acquired semiconductors company Sensor Scientific

Acquisition Highlights
  • This is CTS’s 3rd transaction in the Semiconductors sector.
  • This is CTS’s 10th transaction in the United States.
  • This is CTS’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2020-12-30
Target Sensor Scientific
Sector Semiconductors
Buyer(s) CTS
Deal Type Add-on Acquisition

Target

Sensor Scientific

Fairfield, New Jersey, United States
Sensor Scientific, Inc. is a designer, developer, and manufacturer of thermistors for automotive, medical, aerospace, industrial and scientific applications. Sensor Scientific offers high accuracy temperature thermistor solutions, which meet and exceeds customers' requirements. Sensor Scientific was founded in 1983 and is based in Fairfield, New Jersey.

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Buyer(S) 1

Buyer

CTS

Lisle, Illinois, United States
Category Company
Founded 1896
Sector Electronics
Employees4,081
Revenue 550M USD (2023)
DESCRIPTION
CTS' corporate headquarters in Elkhart, Indiana.
CTS' corporate headquarters in Elkhart, Indiana.

CTS is a designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. CTS was incorporated in 1896 and is based in Lisle, illinois.

DEAL STATS #
Overall 12 of 15
Sector (Semiconductors) 3 of 3
Type (Add-on Acquisition) 10 of 12
State (New Jersey) 1 of 1
Country (United States) 10 of 10
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 QTI Sensing Solutions

Boise, Idaho, United States

QTI Sensing Solutions is a designer and manufacturer of high-quality temperature sensors serving original equipment manufacturers (OEMs) with mission-critical applications in the industrial, aerospace, defense, and medical markets.

Buy $80M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 TEWA Temperature Sensors

Lublin, Poland

TEWA Temperature Sensors is a designer and manufacturer of high-quality temperature sensors. TEWA Temperature Sensors was founded in 1964 and is based in Lublin, Poland.

Buy $24M
Mergr

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