M&A · Tech · Measuring & Controlling Devices, NEC
Ametek Inc to acquire Faro Technologies Inc
Announced May 6, 2025 · Closed Jul 21, 2025
Deal value$920MEV $920M
Premium40.0%To unaffected price
EV / Adj. EBITDA21.4x2.7x EV / Revenue
ConsiderationAll cash$44.00 per share
Transaction
- Acquirer
- Ametek Inc (AME)
- Target
- Faro Technologies Inc (FARO)
- Buyer type
- Strategic
- Offer price per share
- $44.00
- Enterprise value
- $920M
- Status
- Closed Jul 21, 2025
Deal protections
- Break fee (target pays)
- $28.0M · 3.0%
- Reverse fee (buyer pays)
- $28.0M · 3.0%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Not disclosed
- To the target
- Evercore
Sector context · Tech
- Comparable deals
- 59 in the prior 24 months
- Premium
- 40.0% vs. 34.5% sector median
- EV / Adj. EBITDA
- 21.4x vs. 16.5x sector median
- Break fee
- 3.0% vs. 3.2% sector median
Timeline
- AnnouncedMay 6, 2025
- Proxy filedMay 30, 2025
- Definitive proxyJun 12, 2025
- Shareholder voteJul 15, 2025
- ClosedJul 21, 2025