M&A Deal Summary

TestEquity Acquires NTE

On June 1, 2022, TestEquity acquired test/measurement equipment company NTE for 8M USD

Acquisition Highlights
  • This is TestEquity’s 3rd transaction in the Test/Measurement Equipment sector.
  • This is TestEquity’s 2nd largest (disclosed) transaction.
  • This is TestEquity’s 5th transaction in the United States.
  • This is TestEquity’s 1st transaction in California.

M&A Deal Summary
Date 2022-06-01
Target NTE
Sector Test/Measurement Equipment
Buyer(s) TestEquity
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

NTE

Oceanside, California, United States
NTE is a test and measurement provider for reconditioned equipment with a strong focus on rental and leasing purchase options. NTE was founded in 1995 and is based in Oceanside, California.

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Buyer(S) 1

Buyer

TestEquity

Moorpark, California, United States
Category Company
Founded 1971
Sector Test/Measurement Equipment
DESCRIPTION

TestEquity is a distributor of electronic test and measurement equipment as well as laboratory and production supplies. TestEquity was founded in 1971 and is based in Moorpark, California.

DEAL STATS #
Overall 5 of 7
Sector (Test/Measurement Equipment) 3 of 5
Type (Add-on Acquisition) 3 of 4
State (California) 1 of 1
Country (United States) 5 of 6
Year (2022) 2 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 Interworld Highway

Long Branch, New Jersey, United States

Interworld Highway is an authorized manufacturer/distributor of major brands of test equipment, interactive whiteboards, overhead projectors, and educational technology products. Its primary business objective is to provide excellent service, technical support, and competitive pricing on all products. Interworld Highway is based in Long Branch, New Jersey.

Buy $55M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-07 Instrumex

Sauerlach, Germany

Instrumex is a test and measurement provider of reconditioned test equipment based. Instrumex offers a wide selection of general equipment from most leading manufacturers, Instrumex provides the highest level of service to its customers including certified repair and calibration. Instrumex was founded in 1986 and is based in Sauerlach, Germany.

Buy -
Mergr

Product

Company

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