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ALPHA INSTRUMATICS

Acquired by

HALMA

UNITED KINGDOM Industrial Equipment EV [1m GBP - 100m GBP] 10/2023

Target

ALPHA INSTRUMATICS

Acquirer

HALMA

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.

The transaction values ALPHA INSTRUMATICS at an EV/Revenue multiple of LOGIN.

This transaction is part of the Industry & Manufacturing industry, which currently tracks an average EBITDA multiple of 10.5x since the beginning of 2026, 3.1% increase compared to 2025. 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.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
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2023
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2022
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Other operations with ALPHA INSTRUMATICS

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.