THE CARLYLE GROUP takes majority stake in MEOPTA-OPTIKA
Context
Carlyle has entered into a definitive agreement to acquire a majority ownership stake in Meopta Optika. Under the terms of the agreement, the founding Rausnitz family will retain a minority ownership interest in the business. Equity financing for the transaction will be co-invested through the Carlyle Europe Partners and Carlyle Europe Technology Partners platforms. The acquired operational perimeter includes a workforce of over 1,700 employees, including more than 300 specialized engineers, operating out of a centralized 140,000-square-meter manufacturing and cleanroom site located in Prerov, Czech Republic. By backing Meopta's vertically integrated platform, Carlyle intends to position the company as a globally leading provider of optical systems. The post-closing corporate strategy focuses on scaling international distribution channels through the creation of a direct sales network, expanding R&D capabilities in high-precision optoelectronic technologies, and optimizing operational efficiencies across production, cleanroom subsystem assembly, and metrology workflows at its historical Prerov facility.
MEOPTA-OPTIKA, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).
-> Deep-dive in TMT (Tech, Media, Telecom) market trends
Target
Meopta operates as a vertically integrated developer and manufacturer of high-precision optical, opto-mechanical, and optoelectronic solutions tailored for industrial, military, and consumer end markets. Established in 1933, the company’s business model leverages a unique, fully integrated platform that controls the entire product lifecycle. This structural framework spans initial design and component development through to high-precision manufacturing, cleanroom assembly, and advanced metrology testing. By maintaining complete operational control from concept to final output, the company delivers highly customized, premium-tier optical systems to its global client base.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Similar deals in Hardware & Electronics
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2023 | KKR / MUBADALA | COOLIT SYSTEMS | CANADA | Servers & Networks |
| 07/2023 | SIPAREX | GROUPE PASSMAN | FRANCE | IT Equipment |
| 05/2023 | SDI GROUP | PEAK SENSORS | UNITED KINGDOM | Sensors & Optics |
| 09/2022 | ARKEA CAPITAL / SOCIETE GENERALE CAPITAL PARTENAIRES / BNP PARIBAS DEVELOPPEMENT | ACB GROUP | BELGIUM | Electronic Components |
| 08/2022 | NORDSON CORPORATION | CYBEROPTICS | UNITED STATES | Sensors & Optics |
| 05/2022 | SPECTRIS | DYTRAN INSTRUMENTS | UNITED STATES | Sensors & Optics |
| 04/2022 | TIKEHAU CAPITAL / BPIFRANCE / SOCIETE GENERALE CAPITAL PARTENAIRES | CROUZET | FRANCE | Sensors & Optics |
| 11/2021 | H2 Equity Partners | Acal BFi Group | UNITED KINGDOM | Electronic Components |
| 10/2021 | SECO | GARZ & FRICKE GROUP | GERMANY | IoT & Connected Objects |
| 07/2021 | MKS INSTRUMENTS | PHOTON CONTROL | CANADA | Sensors & Optics |
REFERENCES
Valuation range: EV 500M - 1.5b EUR
Revenue range: 100M - 200M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of MEOPTA-OPTIKA by THE CARLYLE 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: meopta-optika
Acquirer: the carlyle group