Deal Details
AMETEK Acquires FARO
Summary
AMETEK, Inc. (“AMETEK”) (NYSE: AME) announced that it has completed its acquisition of FARO Technologies, Inc. (“FARO Technologies”) (Nasdaq: FARO) for $44.00 per share in cash, or approximately $920 million, net of cash acquired.
Baird served as the exclusive financial advisor to AMETEK on this transaction.
About
ABOUT AMETEK is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies — Operational Excellence, Technology Innovation, Global and Market Expansion and Strategic Acquisitions — with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500. AMETEK is headquartered in Berwyn, Pennsylvania.For more than 40 years, FARO Technologies has provided industry-leading technology solutions that enable customers to measure their world and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven reliable accuracy, precision and immediacy. FARO Technologies is headquartered in Lake Mary, Florida.
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- Date
- July 2025
- Company
- AMETEK, Inc.
- Transaction
- M&A - Buyside
- Sectors
- Industrial
- Verticals
-
Test, Measurement & Automation
- Target Geography
- North America
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