TESCAN GROUP acquired by THE CARLYLE GROUP
Context
In December 2022, The Carlyle Group announced the acquisition of a majority stake in Tescan, a Czech manufacturer specializing in scientific instruments and advanced electron microscopy technologies. This strategic investment not only provides Carlyle with a controlling interest in a niche market player but also positions the firm to capitalize on a high-growth segment driven by sustained demand for advanced analytical solutions and precision instrumentation. As part of its investment thesis, Carlyle plans to support Tescan's next phase of development, focusing on product innovation, enhancing its high-end positioning, and accelerating international expansion. Furthermore, the private equity firm aims to leverage the market's fragmentation to drive both organic growth and consolidation opportunities, while increasing the group's exposure to high-growth segments such as semiconductors and cutting-edge technologies.
TESCAN GROUP, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).
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
Tescan Group is a global leader in high-precision scientific and analytical instruments, with a recognized expertise in imaging and electron microscopy technologies. Founded in 1991 and headquartered in Brno, Czech Republic, the company develops and markets advanced solutions for the observation and analysis of micro and nano-scale structures. Its technology portfolio includes scanning electron microscopes, ion beam systems, micro-CT scanners, 4D transmission electron microscopes, and ultra-fast laser micromachining solutions. These instruments enable the exploration and characterization of materials with extremely high precision, catering to the demanding needs of sectors such as materials science, life sciences, and the semiconductor industry.
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Historical Financials (USD)
Other operations with TESCAN GROUP
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 01/2026 | SHIMADZU CORPORATION | TESCAN GROUP | CZECH REPUBLIC | Industrial Equipment | Shimadzu Corporation has entered into an agreement to acquire Tescan from The Carlyle Group, as part of a strategic plan to bolster its position in the global scientific instruments and advanced imaging technologies market. Under Carlyle's ownership since 2023, Tescan has undergone significant transformation, accelerating its growth, strengthening its international development, and solidifying its presence in the semiconductor-related markets. Concurrently, the company has enhanced its offerings by developing new workflows dedicated to these applications, while expanding its service capabilities and structuring its industrial partnerships |
REFERENCES
Revenue range: 100M - 200M USD
EBITDA range: 10M - 30M USD
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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: tescan group
Acquirer: the carlyle group