TELEDYNE TECHNOLOGIES INCORPORATED

Teledyne Technologies Incorporated is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. The organization serves multiple industrial growth markets that require advanced technology and high reliability (including deepwater exploration, oceanographic research, and environmental monitoring). The firm’s investment thesis centers on acquiring enabling technologies and core businesses that utilize similar technology or serve complementary geographies to its existing environmental and electronic portfolios. Its criteria involve targeting corporate carve,outs with strong brand reputations and a high degree of technical synergy. Headquartered in California, the group has evolved into a global industrial leader with a major presence across North America and Europe. The firm focuses on strategic integrations that are accretive to earnings while expanding its reach in rugged, high,stakes industrial applications.