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07/2025

FARO TECHNOLOGIES acquired by AMETEK

UNITED STATES Industrial Equipment / Special Machinery / Instrumentation & Measurement EV 500M - 1.5b USD

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 in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2025
2024

Other operations with FARO TECHNOLOGIES

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
12/2022FARO TECHNOLOGIESSITESCAPEUNITED STATESIndustry-Specific Software
09/2022FARO TECHNOLOGIESGEOSLAMUNITED KINGDOMInstrumentation & Measurement

REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 250M - 500M USD

EBITDA range: 25M - 50M USD

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