mynth
12/2020

OPTASENSE acquired by LUNA INNOVATIONS INCORPORATED

UNITED KINGDOM Hardware & Electronics / Electronic Components / Sensors & Optics EV 10M - 30M GBP

Context

Luna Innovations Incorporated has completed the transformative acquisition of OptaSense Holdings, Ltd. from QinetiQ. OptaSense will operate as a fully owned subsidiary while maintaining its existing brand identity. The strategic rationale for the combination is to create a global powerhouse in the distributed fiber sensing market by merging OptaSense’s market,leading distributed acoustic sensing (DAS) technology with Luna’s existing suite of optical products. The integration is expected to be accretive to non,GAAP earnings in 2021. This acquisition allows the combined group to rapidly expand into high,growth sectors (including security, smart infrastructure, and oil and gas) while establishing a cost,effective international operational presence and strengthening its intellectual property portfolio through over 150 added patents.

OPTASENSE, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

OptaSense Holdings, Ltd. is a recognized market leader in fiber optic distributed monitoring solutions and distributed acoustic sensing (DAS) systems. The organization provides specialized technology for the real-time monitoring of critical infrastructure (including pipelines, oilfield services, highways, railways, and power utilities). Its proprietary platform utilizes fiber optic cables as highly sensitive sensors to detect acoustic, thermal, and strain changes over vast distances. The entity holds a significant intellectual property portfolio with more than 150 active and pending patents, supported by deep expertise in algorithm development for AI and machine learning. With a diverse, blue-chip customer base and a global operational footprint spanning the United Kingdom, Dubai, the United States, and Canada, the group delivers high-performance data services that enable enhanced security, perimeter detection, and smart infrastructure management in harsh environments.

Ent. Value

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Historical Financials (GBP)

Year
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2020
2019

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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 OPTASENSE by LUNA INNOVATIONS INCORPORATED 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: optasense

Acquirer: luna innovations incorporated