mynth
04/2021

MTS SENSORS acquired by AMPHENOL CORPORATION

UNITED STATES Hardware & Electronics / Electronic Components / Sensors & Optics EV 500M - 1.5b USD

Context

Amphenol Corporation has finalized the acquisition of MTS Systems Corporation, an operation designed to fundamentally expand the group's sensor portfolio across high-growth end markets. The strategic rationale for this transaction centers on a "portfolio-purification" play, merging the target's technical operational depth in magnetostrictive sensing with the group's existing breadth in interconnect and antenna solutions. This fusion effectively creates a specialized powerhouse in the industrial sensing market, providing the group with the necessary hardware to "Surround the System" in advanced automation environments.

MTS SENSORS, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.8x).

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

MTS Sensors operates as a premier technology organization dedicated to the design and manufacturing of high-performance sensing solutions for industrial automation and mobile hydraulics. The entity’s business model is centered on a proprietary framework of magnetostrictive sensing technology (marketed under the renowned Temposonics brand) which provides superior precision and reliability in measuring position and liquid levels. Its value proposition is anchored in technical operational depth, offering non-contact sensing hardware that operates effectively in harsh, high-vibration, and high-pressure environments. Strategically, the firm focuses on the mission-critical needs of the semiconductor, aerospace, and energy sectors, ensuring that automated systems achieve maximum efficiency through precise motion control. By maintaining a specialized focus on technical leadership in displacement sensing, the organization ensures a vital role in the structural advancement of the electronics revolution. The entity prioritizes technical agility and industrialized longevity to facilitate the structural safety of global manufacturing infrastructures.

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Historical Financials (USD)

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REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 250M - 500M USD

EBITDA range: 50M - 100M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MTS SENSORS by AMPHENOL 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

Target: mts sensors

Acquirer: amphenol corporation