INDICOR INSTRUMENTATION acquired by AMETEK
Context
The acquisition of Indicor Instrumentation by AMETEK is a strategic move to expand AMETEK's portfolio of instrumentation businesses and increase its presence in attractive end markets. The transaction is expected to create value through the integration of Indicor's businesses into AMETEK's operating model, and is anticipated to generate significant revenue and profitability synergies. The acquisition is also expected to enhance AMETEK's competitive position and provide opportunities for growth and expansion. The transaction is subject to customary closing conditions, including applicable regulatory approvals, and is expected to close in the second half of 2026. The acquisition is a key part of AMETEK's strategy to expand its presence in the industrial and scientific instrumentation markets.
The acquisition of Indicor Instrumentation is part of the growth strategy of Ametek, which already has several external growth operations under its belt, notably Faro Technologies in 2025.
INDICOR INSTRUMENTATION, which reported an EBITDA margin of LOGIN in 2025, 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
Indicor Instrumentation is a leading provider of mission-critical solutions for demanding industrial and scientific applications. The company designs and manufactures a range of products that serve customers across attractive end markets, generating a substantial base of recurring revenue from consumables, services, and aftermarket support. Indicor's products are used in various industries, including aerospace, automotive, and energy, among others. The company's business model is focused on providing high-quality, differentiated technologies that meet the specific needs of its customers. Indicor's products are sold through a combination of direct sales and distribution channels, and the company has a strong reputation for delivering exceptional customer service and support. With a strong market position and attractive growth prospects, Indicor is well-positioned to continue to deliver value to its customers and shareholders.
Ent. Value
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Historical Financials (USD)
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REFERENCES
Valuation range: EV 3b - 100b USD
Revenue range: 750M - 1.3b USD
EBITDA range: 250M - 500M USD
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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: indicor instrumentation
Acquirer: ametek