M&A Deal Summary

TT Electronics Acquires Torotel

On September 17, 2020, TT Electronics acquired electronics company Torotel for 43M USD

Acquisition Highlights
  • This is TT Electronics’ 6th transaction in the Electronics sector.
  • This is TT Electronics’ 2nd largest (disclosed) transaction.
  • This is TT Electronics’ 2nd transaction in the United States.
  • This is TT Electronics’ 1st transaction in Kansas.

M&A Deal Summary

Date 2020-09-17
Target Torotel
Sector Electronics
Buyer(s) TT Electronics
Deal Type Add-on Acquisition
Deal Value 43M USD

Target

Torotel

Olathe, Kansas, United States
Torotel, Inc. is a designer and manufacturer of custom magnetics products primarily for the aerospace and defense industries. Torotel was established in 1956 and is based in Olathe, Kansas.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

TT Electronics

Woking, United Kingdom

Category Company
Founded 1906
Sector Electronics
Employees3,901
Revenue 521M GBP (2024)
DESCRIPTION

TT Electronics provides sensing and control technologies and integrated manufacturing services. TT Electronics was founded in 1906 and is based in Woking, England.


DEAL STATS #
Overall 10 of 10
Sector: Electronics M&A 6 of 6
Type: Add-on Acquisition M&A Deals 10 of 10
State: Kansas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-18 Stadium Group

Reading, United Kingdom

Stadium Group is a fully integrated design-led electronics technology solutions and global manufacturing and fulfilment solutions, simplifying the supply chain and reducing time to market for customers. Company businesses delivers wireless, power and interface solutions supported by electronics assembly, combining a flexible, collaborative approach, industry expertise and a solid commitment to quality bringing tangible benefits to our customers in design, competitiveness and speed to market. Stadium Group is based in Reading, United Kingdom.

Buy -