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AMETEK acquired Spectro Scientific from SFW Capital Partners for $190m.

Synopsis

AMETEK completed the acquisition of Spectro Scientific, a portfolio company of SFW Capital Partners, a specialised private equity firm that invests in mid-sized companies providing analytical tools and related services, for c.$190m. “SFW’s unique sector-focused experience and business building expertise proved to be incredibly valuable to Spectro as we made substantial investments to pursue our strategy. SFW’s support and the resources they provided allowed us to develop a truly unique position in the market for predictive analytics for maintenance, enabling us to serve our customers more effectively and create significant opportunities for our employees and business partners," Brian Mitchell, Spectro Scientific CEO.

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