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WAYGATE TECHNOLOGIES

Acquired by

HEXAGON

GERMANY Industrial Equipment EV [1b USD - 100b USD] 04/2026

Target

WAYGATE TECHNOLOGIES

Acquirer

HEXAGON

Context

Hexagon has successfully finalized a definitive agreement to acquire the target from a global energy technology group, marking a transformative expansion of its Manufacturing Intelligence business area. This strategic transaction represents a significant milestone in the group’s evolution, extending its precision measurement capabilities from external surface metrology to the internal geometry of complex components. The strategic rationale for the move centers on the high degree of technical complementarity between the two organizations, specifically uniting world-class NDT hardware with the acquirer’s established leadership in volume graphics, CT analysis, and production quality software. By incorporating this technical specialist, the organization diversifies its revenue exposure into the high-value aerospace maintenance, repair, and overhaul (MRO) market through industry-leading remote visual inspection platforms.

WAYGATE TECHNOLOGIES, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the 10.5x average currently observed in the Industry & Manufacturing sector.

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

Waygate Technologies is a specialized technology organization dedicated to the engineering and deployment of non-destructive testing (NDT) solutions. The entity’s business model is centered on high-precision inspection modalities, including 2D radiography, 3D computed tomography (CT), and remote visual inspection (RVI). Its value proposition lies in the ability to facilitate the internal geometric analysis of mission-critical components without structural disassembly, ensuring technical durability and safety across the aerospace, automotive, and energy sectors. Strategically, the firm focuses on the industrialization of advanced imaging hardware and proprietary software interfaces to detect subsurface defects and monitor asset integrity. By integrating a century-old heritage in X-ray technology with modern digital visualization, the organization ensures a mission-critical role in manufacturing quality and maintenance, repair, and operations (MRO) workflows. The entity prioritizes technical operational depth to support global OEMs in achieving zero-defect production standards in complex industrial environments.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2025
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2024
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Other operations with WAYGATE TECHNOLOGIES

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.