At what enterprise value was POSITEK acquired in 2019?

During the acquisition of POSITEK by DISCOVERIE GROUP in 2019, 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 0M - 15M GBP. 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 13.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of POSITEK when it was acquired by DISCOVERIE GROUP?

The estimated EV/EBITDA multiple for POSITEK is in the range of 5x - 12x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.4x. Join our community for free to access full valuation data and industry trends.

When was POSITEK acquired by DISCOVERIE GROUP?

POSITEK was acquired by DISCOVERIE GROUP in 2019.

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

The revenue of POSITEK at the time of the deal is estimated to be in the range of 0M - 5M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of POSITEK during the acquisition?

POSITEK's EBITDA is estimated to be in the range of 0M - 5M GBP. 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 POSITEK 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 POSITEK 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://www.discoverieplc.com/news-centre/news/news-details/2019/Acquisitions-of-Hobart-Electronics-and-Positek-Limited-04-16-2019/default.aspx

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Home Database TMT (Tech, Media, Telecom)POSITEK

04/2019

POSITEK

Acquired by

DISCOVERIE GROUP

UNITED KINGDOM Hardware & Electronics / Electronic Components / Sensors & Optics EV 0M - 15M GBP

POSITEK acquired by DISCOVERIE GROUP

UNITED KINGDOM Hardware & Electronics / Electronic Components / Sensors & Optics EV 0M - 15M GBP

Context

DiscoverIE Group plc has acquired 100% of the UK-based company Positek. The strategic rationale for the acquisition is to strengthen discoverIE’s portfolio of high-precision sensors and expand its reach into international markets requiring ruggedized electronics. By integrating Positek, discoverIE gains access to specialized sensor technologies and expertise while offering the target access to its broader customer base and cross-selling opportunities. The group intends to leverage its international sales network to accelerate Positek's growth and benefit from the efficiencies provided by its manufacturing capabilities. This bolt-on acquisition aligns with discoverIE's strategy of consolidating niche electronic specialists to drive higher margins and long-term customer relationships.

POSITEK, which reported an EBITDA margin of LOGIN in 2018, 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 (13.4x).

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

Positek is a UK-based designer and manufacturer of rugged, high-precision linear, rotary, tilt, and submerged sensors. The organization specializes in contactless sensor technology, providing reliable measurement solutions for harsh environments across international markets. Its products are utilized in diverse industrial applications where durability and accuracy are critical. With its own specialized manufacturing capabilities, the entity develops custom-made sensors tailored to specific customer requirements. The group maintains a long-standing track record of delivering high-quality electronic components, serving a global client base. Its technology is a key enabler for automation and position monitoring in demanding sectors, benefiting from the increasing need for high-performance sensing in industrial machinery.

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REFERENCES

Valuation range: EV 0M - 15M GBP

Revenue range: 0M - 5M 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 POSITEK by DISCOVERIE GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: 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: positek

Acquirer: discoverie group