AMETEK acquires FARO Technologies
The deal at a glance
AMETEK acquired FARO Technologies for approximately $920 million (enterprise value); $44 per share in cash, a transaction completed in July 2025, structured as all cash.
FARO Technologies operates in EIG, is based in Lake Mary, Florida, had revenue of about approximately $340 million in annual sales. Founded in 1981 and headquartered in Lake Mary, Florida, FARO Technologies (Nasdaq: FARO) is a leading provider of 3D measurement and imaging solutions, including portable measurement arms, laser scanners and trackers, software solutions, and comprehensive service offerings.
An outstanding acquisition and excellent strategic fit with AMETEK's Ultra Precision Technologies division; FARO's differentiated 3D metrology and imaging solutions expand AMETEK's presence in attractive growth markets and complement its existing Creaform business.
Strong brand, global customer base, differentiated 3D metrology and imaging technology, growth and margin-expansion potential; acquired at an approximate 40% premium to FARO's prior close. Complements the existing Creaform business within the Ultra Precision Technologies division. Electronic Instruments Group (EIG), Ultra Precision Technologies division
No advisory firms have been disclosed for this transaction.