At what enterprise value was VIRTEK VISION acquired in 2024?

During the acquisition of VIRTEK VISION by AMETEK in 2024, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of VIRTEK VISION when it was acquired by AMETEK?

The exact EV/EBITDA multiple for VIRTEK VISION is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was VIRTEK VISION acquired by AMETEK?

VIRTEK VISION was acquired by AMETEK in 2024.

What was the revenue of VIRTEK VISION at the time of the deal?

The revenue of VIRTEK VISION at the time of the deal is estimated to be in the range of 25M - 50M USD. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the VIRTEK VISION 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 VIRTEK VISION 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.ametek.com/newsroom/news/investor/2024/october/ametek-acquires-virtek-vision-international

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Home Database TMT (Tech, Media, Telecom)VIRTEK VISION

10/2024

VIRTEK VISION acquired by AMETEK

CANADA Hardware & Electronics / Electronic Components / Sensors & Optics EV 100M - 350M USD

Context

In October 2024, AMETEK announced the acquisition of Virtek Vision International to bolster its portfolio of measurement, inspection, and industrial automation technologies. This strategic move aligns with the US-based company's external growth strategy, aimed at expanding its suite of technological solutions for specialized industrial markets. The acquisition demonstrates strong complementarity with Creaform, an AMETEK subsidiary specializing in 3D scanning and metrology. By combining Virtek's laser projection and automated inspection capabilities with Creaform's 3D scanning solutions, AMETEK aims to offer a more comprehensive range of tools dedicated to measurement, quality control, and process automation. This integrated approach enables the company to cover a broader spectrum of the production cycle, from operator guidance to dimensional verification of assembled parts.

By taking control of Virtek Vision, Ametek continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Paragon Medical in 2023.

VIRTEK VISION, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

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

Virtek Vision International is a Canadian company specializing in laser projection systems, industrial vision, and automated inspection solutions for advanced manufacturing environments. Headquartered in Waterloo, Ontario, the firm develops equipment that combines 3D laser projectors, intelligent cameras, and analysis software to enhance precision, quality, and efficiency in industrial processes. Virtek's solutions enable the projection of visual instructions directly onto parts or work surfaces, guiding operators through assembly, positioning, cutting, or quality control stages. This approach minimizes human error, reduces production rework, and improves operational traceability. The company's systems are also utilized for automated inspection applications leveraging industrial vision, 3D measurement, and algorithmic analysis technologies. Virtek has a strong presence in the aerospace, defense, and manufacturing sectors, where complex assembly processes require high precision and involve intricate components.

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REFERENCES

Valuation range: EV 100M - 350M USD

Revenue range: 25M - 50M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VIRTEK VISION by AMETEK are reserved for mynth community members. Register for free to unlock full data.

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).

Target: virtek vision

Acquirer: ametek