POSITEK has been 100% owned by DISCOVERIE GROUP since April 2019.

At what enterprise value was POSITEK acquired in 2019?

During the acquisition of POSITEK by DISCOVERIE GROUP in 2019, the transaction's Enterprise Value is estimated to be in the range of 0M - 15M GBP.

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.

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.

What was the EBITDA of POSITEK during the acquisition?

POSITEK's EBITDA is estimated to be in the range of 0M - 5M GBP.

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

What is the average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026?

The average EV/EBITDA multiple for the TMT (Tech, Media, Telecom) sector in 2026 is 15.1x.

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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

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 in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

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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Similar deals in Hardware & Electronics

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2019	DISCOVERIE GROUP	SENS-TECH	UNITED KINGDOM	Sensors & Optics
10/2019	NANOMETRICS INCORPORATED	RUDOLPH TECHNOLOGIES	UNITED STATES	Semiconductors
04/2019	DISCOVERIE GROUP	HOBART ELECTRONICS	UNITED STATES	Sensors & Optics
03/2019	LBO FRANCE	GROUPE PASSMAN	FRANCE	IT Equipment
05/2018	THE CARLYLE GROUP	HGH SYSTÈMES INFRAROUGES	FRANCE	Sensors & Optics
12/2017	LBO FRANCE	CROUZET	FRANCE	Sensors & Optics
10/2016	CHARTERHOUSE	SAGEMCOM	FRANCE	IoT & Connected Objects
10/2016	ANDERA PARTNERS	ACB GROUP	BELGIUM	Electronic Components
06/2015	ALLEGION	SIMONSVOSS TECHNOLOGIES	GERMANY	IoT & Connected Objects
05/2014	ANDERA PARTNERS	GROUPE PASSMAN	FRANCE	IT Equipment

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: 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: positek

Acquirer: discoverie group