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New Deal


Announced

Completed

Arcline Investment Management completed the acquisition of Omega Engineering from Spectris for $525m.

Financials

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Transaction Value£403m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA20.4x
Share Price Premium-
One Off Charge-

Tags

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industrial measurement

Acquisition

Single Bidder

United States

Domestic

Private

Friendly

Private Equity

Electronic Equipment: Gauges and Meters

Majority

Completed

Synopsis

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Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of Omega Engineering, a manufacturer of industrial measurement equipment, from Spectris, a supplier of measuring instruments for research and industrial applications, for $525m. "I am confident this is an excellent move for Omega. Dwyer has a strong position in most of our key markets through its highly complementary portfolio of sensing, monitoring, and control products and solutions. Having spent time with key members of the Dwyer and Arcline leadership teams during the transaction process, I believe that we share similar cultures and values and that the acquisition represents a great opportunity for all stakeholders," Amit Agarwal, Omega President.

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