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New Deal


Announced

Completed

ESCO Technologies completed the acquisition of Altanova.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

condition assessment technologies

Private

Italy

Acquisition

Majority

Specialty Contracting

Friendly

Cross Border

Completed

Synopsis

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ESCO Technologies, a global provider of highly engineered products, completed the acquisition of Altanova, a supplier in the field of advanced condition assessment technologies centered around partial discharge measurement and analysis. Financial terms were not disclosed. "I’m excited to welcome the outstanding and dedicated employees of Altanova to our team, and I’m pleased that Gino has agreed to remain with the company, post-closing. I look forward to working with Gino as he has successfully grown and managed this outstanding company for many years and I’m certain his future contributions will be meaningful," Vic Richey, ESCO Chairman and CEO.

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