Test & Measurement: M&A Highlights 2017
31 January 2018
2017 was another record year for M&A in the Test & Measurement sector, with deal volumes up by 11%.
The sector has seen strong interest from both trade investors and private equity, with heady valuations reflecting the robust potential of T&M technology and the unquenchable demand for TIC services. 357 deals completed in 2017, with volumes increasing most notably in Europe, which saw an incredible 39% hike in activity levels.
The UK’s long-held position of strength in the global market was confirmed with UK businesses featuring in 23% of all transactions, and 60% of all UK transactions involving an international party on the other side of the deal. BDO’s T&M index which tracks the share price performance of listed businesses in the sector revealed 32% growth during 2017, significantly outperforming both the FTSE 100 and S&P 500.
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