Who owns SCIAPS INCORPORATED?

SCIAPS INCORPORATED has been 100% owned by SPECTRIS since July 2024.

At what enterprise value was SCIAPS INCORPORATED acquired in 2024?

During the acquisition of SCIAPS INCORPORATED by SPECTRIS in 2024, the transaction's Enterprise Value is estimated to be in the range of 300M - 700M USD.

What was the EV/EBITDA of SCIAPS INCORPORATED when it was acquired by SPECTRIS?

The estimated EV/EBITDA multiple for SCIAPS INCORPORATED is in the range of 15x - 25x.

When was SCIAPS INCORPORATED acquired by SPECTRIS?

SCIAPS INCORPORATED was acquired by SPECTRIS in 2024.

What was the revenue of SCIAPS INCORPORATED at the time of the deal?

The revenue of SCIAPS INCORPORATED at the time of the deal is estimated to be in the range of 50M - 100M USD.

What was the EBITDA of SCIAPS INCORPORATED during the acquisition?

SCIAPS INCORPORATED's EBITDA is estimated to be in the range of 5M - 25M USD.

How is the data for the SCIAPS INCORPORATED 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 SCIAPS INCORPORATED 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.spectris.com/our-group/newsroom/spectris-acquires-sciaps-incorporated/

What is the average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026?

The average EV/EBITDA multiple for the Industry & Manufacturing sector in 2026 is 11.6x.

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Home Database Industry & ManufacturingSCIAPS INCORPORATED

07/2024

SCIAPS INCORPORATED acquired by SPECTRIS

UNITED STATES Industrial Equipment / Special Machinery / Lab & Scientific Equipment EV 300M - 700M USD

Context

Spectris has acquired SciAps. SciAps will be integrated into Malvern Panalytical (Spectris Scientific division). The acquisition accelerates Spectris's digital strategy by moving analysis "closer to the sample" (from lab to field). SciAps' handheld XRF and LIBS devices complement Malvern Panalytical's benchtop range, creating a comprehensive suite for customers in mining, recycling, and batteries.

By taking control of Sciaps Incorporated, Spectris continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Dytran Instruments in 2022.

SCIAPS INCORPORATED, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

Based in Boston, SciAps is a high-growth specialist provider of handheld analytical instruments. It leverages X-ray Fluorescence (XRF) and Laser Induced Breakdown Spectroscopy (LIBS) to identify compounds, minerals, and elements in materials. The company serves high-growth end markets relevant to the circular economy and energy transition, such as mining (green metals), metal recycling, battery materials, and agriculture. SciAps is known for its innovation in miniaturizing lab-grade analysis into portable field devices.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2024

2023

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REFERENCES

Valuation range: EV 300M - 700M 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 SCIAPS INCORPORATED by SPECTRIS 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

Acquirer: spectris