M&A Deal Summary

MTS Systems Acquires PCB Group

On April 6, 2016, MTS Systems acquired electrical equipment company PCB Group for 580M USD

Acquisition Highlights
  • This is MTS Systems’ 1st transaction in the Electrical Equipment sector.
  • This is MTS Systems’ largest (disclosed) transaction.
  • This is MTS Systems’ 3rd transaction in the United States.
  • This is MTS Systems’ 1st transaction in New York.

M&A Deal Summary
Date 2016-04-06
Target PCB Group
Sector Electrical Equipment
Buyer(s) MTS Systems
Deal Type Add-on Acquisition
Deal Value 580M USD
Advisor(s) BlackArch (Financial)

Target

PCB Group

Depew, New York, United States
PCB Group, Inc. is a manufacturer of piezoelectric quartz sensors, accelerometers, and associated electronics for the measurement of dynamic pressure, force, and vibration that enhance the productivity, safety, reliability and efficiency of their customers’ products and processes.

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Buyer(S) 1

Buyer

MTS Systems

Eden Prairie, Minnesota, United States
Category Company
Founded 1966
Sector Test/Measurement Equipment
Employees3,500
Revenue 893M USD (2019)
DESCRIPTION
Entrance to MTS Systems' corporate headquarters in Eden Prairie, Minnesota.
Entrance to MTS Systems' corporate headquarters in Eden Prairie, Minnesota.

MTS Systems Corp. is a provider of testing hardware, software and services solutions to help customers accelerate and improve their design, development, and manufacturing processes. MTS' high-performance position sensors provide controls for a variety of industrial and vehicular applications. MTS Systems was formed in 1966 and is based in Eden Prairie, Minnesota.

DEAL STATS #
Overall 5 of 7
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 5 of 6
State (New York) 1 of 1
Country (United States) 3 of 4
Year (2016) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 Instrument & Calibration Sweden AB

Gislaved, Sweden

Instrument & Calibration Sweden AB is a supplier of testing equipment and calibration services.

Buy $700K
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 Endevco

Irvine, California, United States

Meggitt (Orange County), Inc. is a provider of high-performance sensors and related accessories used for precise vibration, shock, temperature and pressure measurements. Endevco products are primarily used for test & measurement applications where accurate and reliable data is absolutely vital, including R&D, design & validation, structure and machine safety, and maintenance, among others. The Company has a diverse customer base serving the aerospace & defense, passenger safety, transportation, and general industrial sectors.

Buy -
Mergr

Product

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