Faro Technologies acquired by Ametek
Context
AMETEK completed the acquisition of FARO Technologies in a strategic move to significantly bolster its position in 3D metrology, laser scanning, and digital reality technologies, markets driven by growing demand for industrial automation and production process digitalization. Following the transaction, FARO joined AMETEK's Ultra Precision Technologies division alongside Creaform and Virtek, creating one of the most comprehensive portfolios in the industry for 3D measurement, industrial inspection, laser projection, and digital data capture. The combined operations span a broad range of applications, from quality control and reverse engineering to laser-assisted manufacturing, as well as scanning solutions for the construction and public safety sectors. This acquisition is expected to leverage AMETEK's industrial scale, financial resources, and global network to drive FARO's growth and accelerate innovation in its 3D measurement and imaging platforms.
Previously, the company had pursued a consolidation strategy by acquiring Geoslam (2022) and Sitescape (2022).
Faro Technologies, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of Above 20x, standing directly in line with the average observed in the Industry & Manufacturing sector (11.3x in 2025).
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Target
Founded in 1981 and headquartered in Lake Mary, Florida, FARO Technologies is a global provider of measurement, imaging, and 3D scanning solutions for the industrial, construction, and public safety sectors. The company offers a comprehensive range of technologies that enable the capture, analysis, and utilization of high-precision 3D data to enhance design, manufacturing, inspection, and digital documentation processes. FARO's product portfolio includes portable measurement arms, 3D laser scanners, laser trackers, photogrammetry systems, mobile scanning solutions, as well as software for inspection, reverse engineering, and digital data management. The company's technologies are utilized across various industries, including automotive, aerospace, defense, energy, industrial equipment, and construction.
Ent. Value
$500M–1.5bn
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
Above 20x
EV / EBIT
[members only]
Historical Financials (USD)
Other operations with Faro Technologies
Other operations with Ametek
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 05/2026 | AMETEK | INDICOR INSTRUMENTATION | UNITED STATES | Instrumentation & Measurement |
| 10/2024 | AMETEK | VIRTEK VISION | CANADA | Sensors & Optics |
| 11/2023 | AMETEK | PARAGON MEDICAL | UNITED STATES | Medical Devices |
| 10/2019 | AMETEK | GATAN | UNITED STATES | Lab & Scientific Equipment |
| 04/2017 | AMETEK | MOCON | UNITED STATES | Instrumentation & Measurement |
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REFERENCES
Valuation range: EV $500M–1.5bn
Revenue range: $250–500M
EBITDA range: $25–50M
EV/Revenue range: 1x - 3x
EV/EBITDA range: Above 20x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Faro Technologies by Ametek 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.
Press release: view release
Target: faro technologies
Acquirer: ametek
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