M&A Deal Summary

Veeco Instruments Acquires CVC

On May 5, 2000, Veeco Instruments acquired semiconductors company CVC from Advent International for 380M USD

Acquisition Highlights
  • This is Veeco Instruments’ 1st transaction in the Semiconductors sector.
  • This is Veeco Instruments’ 2nd largest (disclosed) transaction.
  • This is Veeco Instruments’ 1st transaction in the United States.
  • This is Veeco Instruments’ 1st transaction in New York.

M&A Deal Summary
Date 2000-05-05
Target CVC
Sector Semiconductors
Buyer(s) Veeco Instruments
Sellers(s) Advent International
Deal Type Add-on Acquisition
Deal Value 380M USD

Target

CVC

Rochester, New York, United States
CVC, Inc. is a manufacturer of semiconductor equipment used in the production of evolving tape- and disk-drive recording heads, optical components, passive components, magnetoresistive random-access memories and various logic devices.

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Buyer(S) 1

Buyer

Veeco Instruments

Plainview, New York, United States
Category Company
Founded 1945
Sector Electrical Equipment
Employees1,215
Revenue 666M USD (2023)
DESCRIPTION

Veeco Instruments is a provider of equipment solutions enable the manufacture of LEDs, flexible OLED displays, power electronics, hard drives, MEMS and wireless chips. Veeco Instruments was founded in 1945 and is based in Plainview, New York.

DEAL STATS #
Overall 1 of 5
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 1 of 5
State (New York) 1 of 1
Country (United States) 1 of 5
Year (2000) 1 of 1
Size (of disclosed) 2 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-22 Mill Lane Engineering

Lowell, Massachusetts, United States

Mill Lane Engineering Co. is a manufacturer of web coating systems for flexible solar panels.

Buy $11M

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 26 of 222
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 13 of 82
State (New York) 2 of 6
Country (United States) 14 of 79
Year (2000) 3 of 6
Size (of disclosed) 34 of 52
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-01 Slovanet a.s.

Bratislava, Slovakia

Slovanet Provider of comprehensive communication systems for businesses and homes; internet service provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-01 MFM Sp.z o.o.

Warsaw, Poland

MFM Sp.z o.o. Radio Kolor is Warsaw-based radio broadcaster.

Buy -
Mergr

Product

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