M&A Deal Summary

Santec Acquires JGR Optics

On November 9, 2021, Santec acquired test/measurement equipment company JGR Optics

Acquisition Highlights
  • This is Santec’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Santec’s 1st transaction in Canada.
  • This is Santec’s 1st transaction in Ontario.

M&A Deal Summary

Date 2021-11-09
Target JGR Optics
Sector Test/Measurement Equipment
Buyer(s) Santec
Deal Type Add-on Acquisition

Target

JGR Optics

Ottawa, Ontario, Canada
JGR Optics provides fiber optic test solutions for measuring insertion and return loss of cable assemblies and components. JGR Optics was founded in 2002 and is based in Ottawa, Ontario.

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Buyer(S) 1

Buyer

Santec

Komaki, Japan

Category Company
Founded 1979
Sector Medical Products
Employees310
Revenue 18.9B JPY (2024)
DESCRIPTION

Santec produces and sells optical components, optical instruments, and optical coherence tomography (OCT) systems. Santec offers optical instruments, including tunable lasers, tunable filters, optical test platforms, and polarization extinction ratio measurement equipment; and optical imaging and sensing products comprising OCT systems, accessories and software, 3D optical profilers, and lasers. Santec was founded in 1979 and is based in Komaki, Japan.


DEAL STATS #
Overall 2 of 2
Sector (Test/Measurement Equipment) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-09 OptoTest

Camarillo, California, United States

OptoTest designs and manufactures fiber optic test equipment that produces the fastest, most accurate, and reliable test solutions in the industry. OptoTest has developed a Software as a Service (SaaS) platform, which will significantly allow the business to scale operations and benefit from a recurring revenue model. OptoTest was founded in 2002 and is based in Camarillo, California.

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