M&A Deal Summary

Roper Technologies Acquires Gatan International

On May 31, 1996, Roper Technologies acquired technology hardware company Gatan International from MPE Partners

Acquisition Highlights
  • This is Roper Technologies’ 1st transaction in the Technology Hardware sector.
  • This is Roper Technologies’ 1st transaction in the United States.
  • This is Roper Technologies’ 1st transaction in California.
Investment Fate
  • Gatan International was divested to a consortium of strategic buyers in 2019 for 925M USD.

M&A Deal Summary

Date 1996-05-31
Target Gatan International
Sector Technology Hardware
Buyer(s) Roper Technologies
Sellers(s) MPE Partners
Deal Type Add-on Acquisition

Target

Gatan International

Pleasanton, California, United States
Gatan, Inc. is a manufacturer of instrumentation and software used to enhance and extend the operation and performance of electron microscopes. Gatan was founded in 1964 and is based in Pleasanton, California.

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Buyer(S) 1

Buyer

Roper Technologies

Sarasota, Florida, United States

Category Company
Founded 1981
Sector Information Technology
Employees18,200
Revenue 7.0B USD (2024)
DESCRIPTION

Roper Technologies is a diversified technology company. Roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets worldwide. Roper Technologies was founded in 1981 and is based in Sarasota, Florida.


DEAL STATS #
Overall 1 of 39
Sector: Technology Hardware M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 39
State: California M&A 1 of 4
Country: United States M&A 1 of 34
Year: 1996 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-01 Struers AS

Rodovre, Denmark

Struers is a world leading manufacturer of equipment and consumables for materialographic surface preparation of solid materials.

Buy -

Seller(S) 1

SELLER

MPE Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 3.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MPE Partners is a Midwest based investment firm principally focused private equity investments throughout North America. MPE has a preference for buyouts and recapitalizations of lower middle-market, family and entrepreneur owned businesses. The Firm looks for stand-alone companies operating in the 'high-value' manufacturing or business services sectors. MPE seeks businesses with at least $5 million of EBITDA and valued up to $250 million. MPE Partners is headquartered in Cleveland, Ohio.


DEAL STATS #
Overall 6 of 59
Sector: Technology Hardware M&A 1 of 5
Type: Add-on Acquisition M&A Deals 3 of 28
State: California M&A 4 of 23
Country: United States M&A 5 of 57
Year: 1996 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-04-01 AneuRx

Santa Rosa, California, United States

AneuRx, Inc. is a provider of Stent grafts for abdominal aortic aneurysm.

Sell $75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-09-30 Arbor Health Care Co.

Lima, Ohio, United States

Arbor Health Care Co. is an operator of 31 nursing facilities in five U.S. states, also with an institutional pharmacy business and outpatient rehabilitation clinics in two states.

Sell $432M