mynth
10/2023

FW MURPHY acquired by DOVER CORPORATION

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

Context

Deal Description: Dover has finalized a definitive agreement to acquire the business of FW Murphy, which will be integrated into the Dover Precision Components (DPC) operating unit. This strategic transaction is designed to establish a comprehensive suite of technologies for the reciprocating compression industry, combining the target’s advanced control and remote monitoring systems with the group’s existing Cook Compression sealing and valve solutions. The strategic rationale for the move centers on enhancing the group’s revenue mix with high-margin digital and recurring streams, specifically targeting next-generation predictive maintenance solutions.

FW MURPHY, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.1x).

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.

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Target

FW Murphy is a specialized technological pioneer dedicated to the design and supply of control, monitoring, and optimization solutions for reciprocating compression systems. The organization’s business model is built on providing mission-critical instrumentation and digital-twin-based predictive maintenance technologies that enhance the efficiency and safety of drive systems. Its value proposition centers on adaptive performance optimization, allowing industrial operators to reduce carbon emissions and operational downtime through real-time data analytics. Strategically, the firm focuses on technical leadership within natural gas production and transportation, while rapidly expanding its specialized portfolio into emerging clean energy applications such as hydrogen infrastructure and carbon capture. By integrating hardware sensors with sophisticated software layers, the entity facilitates the digital transformation of traditional energy assets. The organization operates as a vital technical partner for enterprises navigating the transition to high-performance, low-emission compression architectures.

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Historical Financials (EUR)

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FW MURPHY by DOVER 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).

Press release: view release

Acquirer: dover corporation