About This Deal
AMETEK acquired RTDS Technologies for part of $429.7 million across two 2022 businesses (Navitar and RTDS), a transaction completed in October 2022, structured as All-cash.
RTDS Technologies operates in EIG. A leading provider of real-time power simulation systems used by utilities and research and education institutions in the development and testing of the electric power grid and renewable energy applications, acquired in October 2022.
RTDS's solutions complement the company's existing power instruments businesses.
EIG
Deal Terms
Acquirer
AMETEK
Target
RTDS Technologies
Value
Part of $429.7 million across two 2022 businesses (Navitar and RTDS)
Date
October 2022
Type
Full acquisition
Status
Ready
Transaction Details
Segment
EIG
Structure
All-cash
Closed
October 1, 2022
In Their Words
A leading provider of real-time power simulation systems used by utilities and research and education institutions in the development and testing of the electric power grid and renewable energy applications, acquired in October 2022.AMETEK FY2022 10-K, Item 1 Business / Acquisitions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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