At what enterprise value was PCTEL acquired in 2023?

During the acquisition of PCTEL by AMPHENOL CORPORATION in 2023, 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 100M - 350M USD. 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 TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.8x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PCTEL when it was acquired by AMPHENOL CORPORATION?

The estimated EV/EBITDA multiple for PCTEL is in the range of 10x - 18x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.8x. Join our community for free to access full valuation data and industry trends.

When was PCTEL acquired by AMPHENOL CORPORATION?

PCTEL was acquired by AMPHENOL CORPORATION in 2023.

What was the revenue of PCTEL at the time of the deal?

The revenue of PCTEL at the time of the deal is estimated to be in the range of 50M - 100M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of PCTEL during the acquisition?

PCTEL's EBITDA is estimated to be in the range of 5M - 25M USD. 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 PCTEL 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 PCTEL 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://pctel.com/news/pctel-announces-closing-of-its-acquisition-by-amphenol-corporation/

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Home Database TMT (Tech, Media, Telecom)PCTEL

12/2023

PCTEL acquired by AMPHENOL CORPORATION

UNITED STATES Hardware & Electronics / IT Equipment / IoT & Connected Objects EV 100M - 350M USD

Context

The successful acquisition of PCTEL by Amphenol represents a definitive tactical expansion of the group's wireless technology and antenna capabilities. This transaction facilitates the integration of PCTEL’s specialized Industrial IoT and testing hardware into Amphenol’s broader communications division. The strategic rationale hinges on the fusion of PCTEL’s technical operational depth in wireless signal optimization with Amphenol’s global reach and massive industrialized manufacturing footprint. By incorporating PCTEL, Amphenol reinforces its ability to address the escalating demand for high-reliability wireless infrastructure in highly regulated industrial environments. The partnership is designed to leverage Amphenol’s international presence to accelerate the scaling of PCTEL’s antenna and measurement solutions across a broader global customer base. This integration facilitates the creation of a more robust technical platform, providing the strategic depth required to navigate the maturing landscape of the Industrial Internet of Things. The move solidifies Amphenol’s standing as a primary provider of mission-critical interconnect and wireless solutions for high-growth industrial and broadband markets.

PCTEL, which reported an EBITDA margin of LOGIN in 2022, 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

PCTEL operates as a premier technology organization dedicated to the design and distribution of specialized wireless solutions. The entity’s business model is centered on a proprietary framework for purpose-built Industrial IoT devices, high-performance antenna systems, and sophisticated test and measurement products. Its value proposition is anchored in technical operational depth, providing organizations with the hardware and analytical tools required to solve complex wireless connectivity challenges in high-reliability environments. Strategically, PCTEL focuses on establishing leadership in technical niches where precision and durability are non-negotiable, catering to a global customer base across the telecommunications and industrial sectors. By maintaining a legacy of innovation in wireless signal integrity, the organization ensures a mission-critical role in the structural evolution of connected industrial ecosystems. The entity prioritizes technical agility and customer-centric engineering to facilitate the growth of robust wireless infrastructures.

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REFERENCES

Valuation range: EV 100M - 350M USD

Revenue range: 50M - 100M USD

EBITDA range: 5M - 25M USD

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

Acquirer: amphenol corporation