At what enterprise value was FTL SEALS TECHNOLOGY acquired in 2016?

During the acquisition of FTL SEALS TECHNOLOGY by IDEX CORPORATION in 2016, 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 10M - 30M 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 FTL SEALS TECHNOLOGY when it was acquired by IDEX CORPORATION?

The estimated EV/EBITDA multiple for FTL SEALS TECHNOLOGY is in the range of 5x - 12x. 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 FTL SEALS TECHNOLOGY acquired by IDEX CORPORATION?

FTL SEALS TECHNOLOGY was acquired by IDEX CORPORATION in 2016.

What was the revenue of FTL SEALS TECHNOLOGY at the time of the deal?

The revenue of FTL SEALS TECHNOLOGY 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 was the EBITDA of FTL SEALS TECHNOLOGY during the acquisition?

FTL SEALS TECHNOLOGY's EBITDA is estimated to be in the range of 0M - 5M GBP. Join our community for free to access complete and exact deal data.

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 FTL SEALS TECHNOLOGY 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 FTL SEALS TECHNOLOGY 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.pumpsandsystems.com/idex-corporation-acquires-ftl-seals-technology-ltd/

← DATABASE

Home Database Industry & ManufacturingFTL SEALS TECHNOLOGY

07/2016

FTL SEALS TECHNOLOGY acquired by IDEX CORPORATION

UNITED KINGDOM Chemicals & Materials / Material Transformation / Plastics EV 10M - 30M GBP

Context

IDEX Corporation has completed the acquisition of FTL Seals Technology, bolstering its strategy to expand its sealing solutions and specialized technical components business. This move strengthens IDEX's expertise in high-performance sealing solutions for critical industrial markets by bringing on board FTL's technical expertise in designing rotary seals and custom components used in applications where reliability and safety are paramount. The acquisition complements IDEX's existing capabilities in fluid technology, specialized industrial equipment, and high-value engineering solutions. Following the transaction, FTL has been integrated alongside Precision Polymer Engineering (PPE), an existing IDEX subsidiary, within the Health & Science Technologies division. The combination of the two companies aims to merge FTL's application expertise in complex sealing solutions with PPE's material science and technical component manufacturing capabilities. This acquisition is part of IDEX's external growth strategy, which focuses on building a portfolio of complementary technologies in niche markets with high technical requirements. By combining the expertise of both companies, the group seeks to enhance its offering to industrial equipment manufacturers and develop new commercial opportunities on a global scale. The acquisition is also expected to deliver operational and commercial synergies, while expanding IDEX's presence in several strategic industrial markets, including energy, oil and gas, mining equipment, and marine applications.

FTL SEALS TECHNOLOGY, which reported an EBITDA margin of LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than 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.

-> Deep-dive in Industry & Manufacturing market trends

Target

FTL Seals Technology is a UK-based company that specializes in designing and manufacturing high-performance sealing solutions for demanding industrial environments. The company develops high-integrity rotary seals, specialized bearings, and custom-engineered components that enhance the reliability, safety, and performance of critical equipment. FTL's products are primarily used in the oil and gas, mining, energy production, and marine sectors. With its recognized expertise in application engineering, the company supports its clients in developing customized solutions for pump, valve, and hydraulic systems that operate under high-stress conditions. Headquartered in Leeds, FTL has established itself as a leading player in the high-value-added industrial sealing solutions market. Its expertise is built on the ability to design products that meet the specific needs of each application, combining technical expertise, innovation, and a deep understanding of complex industrial environments.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

EBIT

2016

2015

Similar deals in Industry & Manufacturing

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
11/2016	ARDIAN	HYPRED	FRANCE	Chemicals & Materials	The acquisition of Hypred by Ardian represents a major turning point in the target’s trajectory, marking its emancipation from Groupe Roullier to become an independent market consolidator. The strategic rationale for this transaction centers on an "international-acceleration" play, merging the target's industry-leading technical operational depth in specialty hygiene with the sponsor’s extensive expertise in executing global buy-and-build strategies
10/2016	MANALI PETROCHEMICALS	NOTEDOME	UNITED KINGDOM	Chemicals & Materials	Manali Petrochemicals Limited has completed the acquisition of Notedome Limited, a UK-based manufacturer specializing in cast polyurethane elastomers for high-stress industrial and automotive applications
04/2016	EURAZEO / MERIEUX EQUITY PARTNERS	NOVACAP	FRANCE	Chemicals & Materials	Eurazeo and Mérieux Développement have signed an agreement to acquire a majority stake in Novacap from Ardian, which had held the company since March 2011. Ardian will retain a minority stake to maintain its commitment to the management team led by Pierre Luzeau
03/2016	SILVERFLEET	COVENTYA	FRANCE	Chemicals & Materials	Conventya has been acquired by Silverfleet Capital, marking the end of a successful expansion cycle under Equistone Partners Europe. The strategic rationale for this transaction centers on a "global-scaling" play, merging Coventya’s industry-leading technical operational depth in specialty surface chemicals with the sponsor’s extensive expertise in executing high-velocity buy-to-build strategies
01/2016	ALLIANCE ETIQUETTES	IMPRIMERIE MAUMY	FRANCE	Chemicals & Materials	Following the integration of NS Etiquettes, Alliance Etiquettes has finalized its second build-up operation with the acquisition of Maumy. Ideally situated in the Bordeaux region, this transaction reinforces the group's dominance in its core historical territory
12/2015	ALLIANCE ETIQUETTES	NS ETIQUETTES	FRANCE	Chemicals & Materials	Alliance Etiquettes has completed its first external growth operation since its formation with the acquisition of 100% of NS Etiquettes. This transaction expands the group's geographical footprint into Brittany, a key region for the French food industry, and diversifies its end-markets beyond wine into general agri-food and spirits
10/2015	APOLLO GLOBAL MANAGEMENT / BPIFRANCE	VERALLIA	FRANCE	Chemicals & Materials	Saint-Gobain finalized the sale of its glass packaging subsidiary, Verallia, to a consortium led by Apollo Global Management and Bpifrance. The strategic rationale for Saint-Gobain was to complete its refocusing on high-performance habitat and industrial materials
09/2015	SCHWEITZER-MAUDUIT INTERNATIONAL (SWM)	ARGOTEC	UNITED STATES	Chemicals & Materials	Schweitzer-Mauduit International (SWM), a U.S.-listed industrial group committed to diversifying its operations into specialty materials, has finalized the acquisition of Argotec, a U.S.-based specialist in thermoplastic polyurethane (TPU) technical films, from private equity firm Wind Point Partners
08/2015	UNIQUE FABRICATING	GREAT LAKES FOAM TECHNOLOGIES	UNITED STATES	Chemicals & Materials	The acquisition of Great Lakes Foam Technologies by Unique Fabricating is a strategic move to consolidate the industry and expand the group's technological offerings into polyurethane molding, while diversifying its sectoral reach beyond its historical exposure to the mass automotive market
07/2015	ACTIVA CAPITAL	IMPRIMERIE LAULAN	FRANCE	Chemicals & Materials	Activa Capital has officially launched "Alliance Etiquettes," a strategic build-up platform designed to consolidate the fragmented French market for premium wine and spirits labels. The initiative began with the control acquisition of Imprimerie Laulan in July 2015, followed by the acquisition of Groupe Enes in December 2015

REFERENCES

Valuation range: EV 10M - 30M GBP

Revenue range: 5M - 25M GBP

EBITDA range: 0M - 5M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FTL SEALS TECHNOLOGY by IDEX CORPORATION 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).

Target: ftl seals technology

Acquirer: idex corporation