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New Deal


Announced

Completed

Dover completed the acquisition of FW Murphy from Genisys Controls for $530m.

Financials

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Transaction Value£438m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4.4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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compressor control panels

Acquisition

Electronic Equipment: Control and Filter

United States

Domestic

Private

Majority

Friendly

Single Bidder

Completed

Synopsis

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Dover, a conglomerate manufacturer of industrial products, completed the acquisition of FW Murphy, a provider of control, remote monitoring, digital-twin-based predictive maintenance, from Genisys Controls, an operator of a group of subsidiaries in diversified sectors, for $530m. "FW Murphy is a highly regarded technological pioneer and leader in controlling and optimizing the performance of reciprocating compressors and engines. Adding its portfolio of solutions will allow DPC to offer reciprocating compression customers an unparalleled choice of technologies to improve efficiency, promote safety, reduce their carbon emissions, and accelerate clean energy adoption. We expect to achieve tangible growth synergies from our combined product offerings and global go-to-market channels," Marcell Ulrichs, DPC President.

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