M&A Deal Summary

Vitrek Acquires MTI Instruments

On April 14, 2022, Vitrek acquired test/measurement equipment company MTI Instruments

Acquisition Highlights
  • This is Vitrek’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Vitrek’s 2nd transaction in the United States.
  • This is Vitrek’s 1st transaction in New York.

M&A Deal Summary
Date 2022-04-14
Target MTI Instruments
Sector Test/Measurement Equipment
Buyer(s) Vitrek
Deal Type Add-on Acquisition

Target

MTI Instruments

Albany, New York, United States
MTI Instruments is a manufacturer of precision tools, systems and solutions for clients requiring the precise measurement and control of products and processes, and for the development and implementation of automated manufacturing, assembly, and complex machinery operation. MTI Instruments is based in Albany, New York,

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Buyer(S) 1

Buyer

Vitrek

Poway, California, United States
Category Company
Founded 1990
Sector Test/Measurement Equipment
DESCRIPTION

Vitrek is a manufacturer of highly sophisticated electrical safety test and measurement equipment. Vitrek is known for its line of high potential (hipot) testers, high voltage meters and power analyzers. These products measure electrical safety, power consumption, and other characteristics of electricity in the context of the development, testing and manufacture of a wide variety of consumer and industrial products. Vitrek was founded in 1990 and is based in Poway, California.

DEAL STATS #
Overall 2 of 2
Sector (Test/Measurement Equipment) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-08 XiTRON Technologies

San Diego, California, United States

XiTRON Technologies, Inc. is a provider of precision power test and measurement solutions for industrial and consumer product development and manufacturing. XiTRON Technologies, Inc. was founded in 1990 and is based in San Diego, California.

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