At what enterprise value was ALPHA INSTRUMATICS acquired in 2023?

During the acquisition of ALPHA INSTRUMATICS by HALMA in 2023, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 20M - 50M GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 11.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ALPHA INSTRUMATICS when it was acquired by HALMA?

The exact EV/EBITDA multiple for ALPHA INSTRUMATICS is available on mynth capital. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 11.5x. Join our community for free to access full valuation data and industry trends.

When was ALPHA INSTRUMATICS acquired by HALMA?

ALPHA INSTRUMATICS was acquired by HALMA in 2023.

What was the revenue of ALPHA INSTRUMATICS at the time of the deal?

The revenue of ALPHA INSTRUMATICS at the time of the deal is estimated to be in the range of 5M - 25M GBP. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ALPHA INSTRUMATICS acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ALPHA INSTRUMATICS deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.halma.com/news/press-releases/2023/halma-expands-in-environmental-and-analysis-and-healthcare-sectors-with-acquisitions

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Home Database Industry & ManufacturingALPHA INSTRUMATICS

10/2023

ALPHA INSTRUMATICS acquired by HALMA

UNITED KINGDOM Industrial Equipment / Special Machinery / Instrumentation & Measurement EV 20M - 50M GBP

Context

The successful acquisition of Alpha Instrumatics represents a tactical expansion of Halma’s analytical instrumentation capabilities within its Environmental & Analysis segment. This transaction marks the integration of Alpha Instrumatics’ highly specialized trace moisture detection technology, effectively widening the technical operational depth available to Alicat Scientific’s global industrial gas and energy transition customers. The strategic rationale centers on the industrial synergy between Alpha Instrumatics’ moisture analysis hardware and Alicat’s established mass flow control portfolio.

By taking control of Alpha Instrumatics, Halma continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Apriomed in 2023.

ALPHA INSTRUMATICS, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.5x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Alpha Instrumatics is a specialized technology organization dedicated to the engineering and manufacturing of high-precision devices for the measurement of trace moisture within various gas types. The entity’s business model is centered on a proprietary framework of analytical instrumentation that enables the ultra-sensitive detection of moisture levels, a mission-critical requirement for the safety and efficiency of industrial processes. Its value proposition is anchored in technical operational depth, allowing for the optimized transfer of hydrocarbons, the protection of high-value industrial assets from corrosion, and the enhanced accuracy of pollutant detection. Strategically, the firm focuses on addressing non-discretionary safety and environmental requirements across growth markets, including the global industrial gas ecosystem, the aerospace sector, and the emerging hydrogen energy landscape. By maintaining a specialized focus on gas purity and moisture control, the organization ensures a mission-critical role in the structural transition toward cleaner energy and more resilient industrial systems.

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REFERENCES

Valuation range: EV 20M - 50M GBP

Revenue range: 5M - 25M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ALPHA INSTRUMATICS by HALMA are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: halma