Who owns EA ELEKTRO-AUTOMATIK?

EA ELEKTRO-AUTOMATIK has been 100% owned by FORTIVE CORPORATION since October 2023.

At what enterprise value was EA ELEKTRO-AUTOMATIK acquired in 2023?

During the acquisition of EA ELEKTRO-AUTOMATIK by FORTIVE CORPORATION in 2023, the transaction's Enterprise Value is estimated to be in the range of €1–10bn.

What was the EV/EBITDA of EA ELEKTRO-AUTOMATIK when it was acquired by FORTIVE CORPORATION?

The estimated EV/EBITDA multiple for EA ELEKTRO-AUTOMATIK is in the range of 15x - 25x.

When was EA ELEKTRO-AUTOMATIK acquired by FORTIVE CORPORATION?

EA ELEKTRO-AUTOMATIK was acquired by FORTIVE CORPORATION in 2023.

What was the EBITDA of EA ELEKTRO-AUTOMATIK during the acquisition?

EA ELEKTRO-AUTOMATIK's EBITDA is estimated to be in the range of €100–200M.

How is the data for the EA ELEKTRO-AUTOMATIK 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 EA ELEKTRO-AUTOMATIK 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.bu-partners.com/news/bregal-unternehmerkapital-announces-the-sale-of-ea-elektro-automatik-to-fortive-corporation-for-eur1585-million-1/

What is the average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026?

The average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026 is 11.7x.

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Home Database Industry & ManufacturingEA ELEKTRO-AUTOMATIK

10/2023

EA ELEKTRO-AUTOMATIK acquired by FORTIVE CORPORATION

GERMANY Industrial Equipment / Special Machinery / Instrumentation & Measurement EV €1–10bn

Context

The acquisition of EA Elektro-Automatik by Fortive represents a definitive tactical expansion of the group's presence within the high-power electronic testing market. This transaction facilitates the integration of EA Elektro-Automatik’s programmable power solutions into Fortive’s Precision Technologies segment, specifically complementing the existing Tektronix franchise. The strategic rationale centers on the industrial synergy between EA Elektro-Automatik’s high-power hardware and Fortive’s global distribution scale and software-led workflow solutions. By integrating EA Elektro-Automatik, Fortive gains a market-leading position in the multi-decade growth sectors of energy storage, hydrogen fuel cells, and electric vehicle mobility. The partnership is designed to leverage the Fortive Business System to optimize EA Elektro-Automatik’s production efficiency and accelerate its international reach into North American and Asian markets. This integration facilitates the creation of a more robust technological platform, providing the strategic depth required to navigate the maturing landscape of the global energy transition. The move solidifies Fortive’s standing as a primary enabler of the electrification and decarbonization of the global economy.

EA ELEKTRO-AUTOMATIK, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 15x–25x, representing a premium to the average currently observed in the Industry & Manufacturing sector (11.7x).

-> Deep-dive in Industry & Manufacturing market trends

Target

EA Elektro-Automatik is a premier technology organization dedicated to the engineering and manufacturing of programmable power supplies, bidirectional power units, and electronic loads. The entity’s business model focuses on the high-power segment of the test and measurement market, providing mission-critical equipment used to simulate battery behavior and power grid dynamics. Its value proposition is anchored in technical operational depth, offering high-efficiency solutions that facilitate the testing of complex electronic components across the hydrogen, renewable energy, and e-mobility sectors. Strategically, the firm focuses on the "electrification of everything," positioning itself as a vital hardware partner for R&D labs and industrial production sites globally. By maintaining a specialized focus on energy storage and mobility applications, the organization ensures a mission-critical role in the structural transition toward carbon neutrality. The entity prioritizes technical innovation and industrialized reliability to facilitate the scaling of sustainable energy technologies.

Ent. Value

€1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

15x–25x

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2024

2023

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REFERENCES

Valuation range: EV €1–10bn

EBITDA range: €100–200M

EV/EBITDA range: 15x - 25x

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

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.