ADVANCED ENERGY INDUSTRIES INC acquires TEGAM, Inc.
Snapshot
ADVANCED ENERGY INDUSTRIES INC acquired TEGAM, Inc. for NULL (TEGAM and Versatile Power together contributed $12.1 million to 2021 sales) in June 2021. The transaction was structured as all cash. TEGAM, Inc. is a Geneva, Ohio, USA-based Metrology and calibration instrumentation business.
- Acquirer
- ADVANCED ENERGY INDUSTRIES INC
- Target
- TEGAM, Inc.
- Value
- NULL (TEGAM and Versatile Power together contributed $12.1 million to 2021 sales)
- Date
- June 2021
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
ADVANCED ENERGY INDUSTRIES INC acquired TEGAM, Inc. for NULL (TEGAM and Versatile Power together contributed $12.1 million to 2021 sales), a transaction completed in June 2021, structured as all cash.
TEGAM, Inc. operates in Metrology and calibration instrumentation, is based in Geneva, Ohio, USA. TEGAM, Inc., based in Geneva, Ohio, acquired via purchase of 100% of its capital stock. Added metrology and calibration instrumentation to Advanced Energy's RF process power solutions.
This acquisition added metrology and calibration instrumentation to Advanced Energy's RF process power solutions in our Semiconductor and Industrial and Medical markets.
Adds metrology/calibration to RF process power across Semiconductor and Industrial & Medical markets Integrated into Advanced Energy's RF process power / measurement portfolio
No advisory firms have been disclosed for this transaction.