SCIOTEQ has been 100% owned by OPENGATE CAPITAL since September 2021.

At what enterprise value was SCIOTEQ acquired in 2021?

During the acquisition of SCIOTEQ by OPENGATE CAPITAL in 2021, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M USD.

When was SCIOTEQ acquired by OPENGATE CAPITAL?

SCIOTEQ was acquired by OPENGATE CAPITAL in 2021.

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

The revenue of SCIOTEQ at the time of the deal is estimated to be in the range of 100M - 200M USD.

How is the data for the SCIOTEQ 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 SCIOTEQ 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://opengatecapital.com/news/opengate-capital-completes-acquisition-of-scioteq-and-treality-from-transdigm-group/

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 11.5x.

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Home Database Industry & ManufacturingSCIOTEQ

09/2021

SCIOTEQ acquired by OPENGATE CAPITAL

BELGIUM Aerospace, Naval & Defense / Electronics EV 100M - 350M USD

Context

OpenGate Capital has completed the acquisition of ScioTeq from the American aerospace conglomerate TransDigm Group. This transaction follows a strategic decision by the seller to refocus on its core aerospace components. The carve-out allowed ScioTeq to become an autonomous entity after years of integration within larger groups (Barco, then Esterline, then TransDigm). The strategic rationale was based on restoring the operational agility of the Belgian specialist while maintaining its privileged access to the US market via its Georgia facilities. Following the acquisition, a value creation plan was implemented to accelerate product innovation in mission displays and optimize the cost structure, positioning ScioTeq as an ideal consolidation platform within the European defense electronics landscape.

SCIOTEQ, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.5x).

-> Deep-dive in Industry & Manufacturing market trends

Target

ScioTeq is a leading European specialist in the design and manufacturing of advanced visual display solutions and embedded computing systems for the aviation, defense, and security markets. Originally a division of the Belgian group Barco, the company’s business model centers on high-reliability, "ruggedized" technology capable of operating in extreme environments. Its product portfolio includes cockpit displays for civil and military aircraft, as well as mission-critical screens for ground vehicles and naval applications. ScioTeq serves as a vital tier-one supplier to global aerospace and defense primes, with operations balanced between Europe and the United States (Atlanta site). Its value proposition is anchored in being the sole major European independent player in a market dominated by American competitors, providing critical technological sovereignty for European defense programs.

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Other operations with SCIOTEQ

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
06/2025	TIKEHAU CAPITAL	SCIOTEQ	BELGIUM	Electronics

REFERENCES

Valuation range: EV 100M - 350M USD

Revenue range: 100M - 200M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SCIOTEQ by OPENGATE CAPITAL 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: scioteq

Acquirer: opengate capital