M&A Deal Summary

TE Connectivity Acquires Measurement Specialties

On October 9, 2014, TE Connectivity acquired test/measurement equipment company Measurement Specialties for 1.7B USD

Acquisition Highlights
  • This is TE Connectivity’s 1st transaction in the Test/Measurement Equipment sector.
  • This is TE Connectivity’s 2nd largest (disclosed) transaction.
  • This is TE Connectivity’s 7th transaction in the United States.
  • This is TE Connectivity’s 1st transaction in Virginia.

M&A Deal Summary

Date 2014-10-09
Target Measurement Specialties
Sector Test/Measurement Equipment
Buyer(s) TE Connectivity
Deal Type Add-on Acquisition
Deal Value 1.7B USD

Target

Measurement Specialties

Hampton, Virginia, United States
Measurement Specialties, Inc. designs and manufactures sensors and sensor-based systems to measure precise ranges of physical characteristics such as measuring pressure, linear/rotary position, force, torque, piezoelectric polymer film sensors, custom microstructures, load cells, vibrations and acceleration, optical absorption, humidity, gas concentration, gas flow rate, temperature, fluid properties and fluid level.

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Buyer(S) 1

Buyer

TE Connectivity

Schaffhausen, Switzerland

Category Company
Founded 1941
Sector Electrical Equipment
Employees85,000
Revenue 16.0B USD (2023)
DESCRIPTION

TE Connectivity is a designer and manufacturer of products at the heart of electronic connections for industries including automotive, energy and industrial, broadband communications, consumer devices, healthcare, and aerospace and defense. TE Connectivity was founded in 1941 and is based in Schaffhausen, Switzerland.


DEAL STATS #
Overall 9 of 15
Sector (Test/Measurement Equipment) 1 of 2
Type (Add-on Acquisition) 8 of 13
State (Virginia) 1 of 1
Country (United States) 7 of 11
Year (2014) 3 of 3
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 American Sensor Technologies

Mount Olive, New Jersey, United States

American Sensor Technologies, Inc. (“AST”) designs, develops, manufactures and markets state-of-the-art, high performance sensors incorporating Micro Electro Mechanical Structures (“MEMS”) and is rapidly becoming recognized as an innovative leader in the sensor industry. AST has developed and commercialized numerous pressure sensor product lines that are utilized in many industrial capacities and by numerous end markets. AST has received several awards for its innovation and technical development. The company is actively involved with multiple research projects related to the next generation of pressure and other sensors in the New Jersey area. AST also operates a subsidiary in Hong Kong that is utilized for sourcing and manufacturing purposes related to many of AST’s international customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-10 AdvancedCath

San Jose, California, United States

AdvancedCath, Inc. is a provider in the design, development and manufacturing of advanced catheter systems. AdvancedCath works with medical device OEMs to design and manufacture catheter and guidewire systems used in complex interventional and endosurgical procedures.

Buy $190M