mynth
01/2022

ZETEC acquired by EDDYFI TECHNOLOGIES

UNITED STATES Industrial Equipment / Special Machinery / Instrumentation & Measurement EV $300–700M

Context

Eddyfi/NDT has finalized the acquisition of Zetec from Roper Technologies, a maneuver designed to fundamentally strengthen the group’s competitive positioning in the global NDT market. The strategic rationale for this transaction centers on a "market-unification" play, merging the target's five decades of technical operational depth with the group's modern, growth-oriented diagnostic ecosystem. This fusion effectively creates a specialized powerhouse in the testing and measurement arena, providing the organization with the scientific talent and hardware portfolio required to address the increasing complexity of infrastructure monitoring.

ZETEC, which reported an EBITDA margin of [members only] in 2021, is valued in this transaction at an EV/EBITDA multiple of 15x–25x, representing a premium to the average currently observed in the Industry & Manufacturing sector (11.7x).

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Target

Zetec operates as a premier technology organization dedicated to the engineering and distribution of high-performance non-destructive testing (NDT) solutions. The entity’s business model is centered on a proprietary framework of ultrasonic and eddy current technologies designed to ensure the structural integrity of critical assets. Its value proposition is anchored in technical operational depth, providing both sophisticated hardware and specialized software that facilitate complex inspections in high-stakes environments. Strategically, the firm focuses on mission-critical applications within the nuclear power, aerospace, and defense industries, where failure is not an option. By maintaining a specialized focus on technical excellence and precision engineering, the organization ensures a vital role in the structural efficiency of maintenance and quality control workflows worldwide. The entity prioritizes technical innovation and industrialized reliability to facilitate the structural advancement of safety standards in global infrastructure.

Ent. Value

$300–700M

Equity Value

[members only]

Multiples

EV / Revenue

4x–10x

EV / EBITDA

15x–25x

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2021
$50–100M
$5–25M
[members only]
2020
$50–100M
$5–25M
[members only]

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REFERENCES

Valuation range: EV $300–700M

Revenue range: $50–100M

EBITDA range: $5–25M

EV/Revenue range: 4x - 10x

EV/EBITDA range: 15x - 25x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ZETEC by EDDYFI TECHNOLOGIES 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

Acquirer: eddyfi technologies