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FairlyValued

42 industries benchmarked · 39 live sell-side mandates · reviewed 2026-08-06

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Machinery

Who acquires Machinery companies

170 distinct acquirers across 219 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.

219
Transactions
2014 to 2026
170
Named acquirers
distinct buyers
7.9x
Median EV/EBITDA
from 24 disclosed
$110m
Median deal size
enterprise value

Most active acquirers

Ranked by number of acquisitions recorded in this sector. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.

Recorded transactions

TargetAcquirerDateValueEV/EBITDAEV/Revenue
Cat Pumps CorporationFranklin Electric Co.2026-09-04$350m7.8x3.0x
Chart IndustriesBaker Hughes Company2026-07-16$0k0.0x0.0x
Thermon Group HoldingsCECO Environmental Corp.2026-06-01$0k0.0x0.0x
Columbus McKinnon U.S. power chain hoist and chain manufacturing operationsStar Hoist Intermediate2026-03-04$210m0.0x0.0x
SPX FLOWITT Inc.2026-03-02$4.8bn0.0x0.0x
I.T.S. Industrial Tecno-logic Solutions Ltd.T3 Defense Inc.2026-02-16$0k0.0x0.0x
HillenbrandLone Star Funds2026-02-10$3.8bn0.0x0.0x
Kito Crosby LimitedColumbus McKinnon Corporation2026-02-03$2.7bn0.0x0.0x
Diligent RoboticsServe Robotics Inc.2026-01-27$24m0.0x0.0x
Husky Technologies LimitedCompoSecure2026-01-12$0k0.0x0.0x
Dana Off-Highway Drive & Motion Systems businessAllison Transmission Holdings2026-01-01$2.7bn0.0x0.0x
Matthews Automation SolutionsDuravant LLC2025-12-31$232m0.0x3.2x
Spyce Food Co.Wonder Group2025-12-29$186m0.0x0.0x
Petersen IndustriesALAMO GROUP INC2025-12-10$167m0.0x2.2x
Tornado Infrastructure Equipment Ltd.The Toro Company2025-12-08$0k0.0x0.0x
Scranton Manufacturing Company LLCFederal Signal Corporation2025-11-25$426m0.0x0.0x
Diamond Power InternationalAndritz AG2025-07-31$177m0.0x0.0x
TerraSource HoldingsAstec Industries2025-07-01$245m0.0x0.0x
Continental Disc CorporationBaker Hughes2025-06-16$540m0.0x0.0x
NanoScienceQuantum Design2025-06-10$92m0.0x0.0x
CECO Global Pump Solutions businessMay River Capital2025-03-31$110m0.0x0.0x
Munters - FoodTech Equipment OperationsGrain & Protein Technologies2025-02-09$110m0.0x0.0x
Marel hf.JBT Marel Corporation2025-01-02$0k0.0x0.0x
Sentronics MetrologyNova2024-11-27$60m0.0x0.0x
Nu AireKewaunee2024-11-01$55m0.0x0.0x
SempreOxford Metrics2024-10-11$8m0.0x0.0x
Carrier Commercial RefrigerationHaier2024-10-02$775m0.0x0.0x
CorobGraco2024-09-26$293m0.0x0.0x
Manitex InternationalTadano2024-09-13$223m7.2x0.8x
AGCO - Grain & Protein DivisionAmerican Industrial Partners (PE)2024-07-25$700m0.0x0.0x
Veo RoboticsSymbotic2024-07-19$9m0.0x0.0x
Imbera and TorreyMill Point Capital (PE)2024-07-17$477m0.0x0.0x
Desktop MetalNano Dimension2024-07-03$183m0.0x1.0x
MA micro automationHitachi2024-04-26$81m0.0x0.0x
KatsaTwin Disc2024-03-06$24m0.0x0.6x
IngeniaSPX Technologies2024-02-07$308m0.0x0.0x
AMIENPRO Services2023-12-28$210m0.0x0.0x
GMM GroupBiesse2023-12-22$97m6.9x0.7x
DryAirExchange Income Corporation2023-10-05$60m0.0x0.0x
Burris EquipmentAlta Equipment Group2023-09-28$14m0.0x0.0x
AlterGLifeward2023-08-08$19m0.0x1.0x
RootsIR2023-06-12$300m0.0x2.6x
ProconInvestindustrial (PE)2023-02-02$75m0.0x2.2x
Fori AutomationLincoln Electric2022-10-14$427m0.0x0.0x
DosatronIR2022-10-03$90m0.0x0.0x
GE Additive - KARNOHyliion2022-08-25$37m0.0x0.0x
Astro MachineAstroNova2022-08-09$17m0.0x0.0x
CyberOpticsNordson2022-08-08$300m15.0x3.2x
TractelAlimak Group2022-08-02$563m0.0x0.0x
Linxis GroupHillenbrand2022-07-20$645m0.0x0.0x
OLBRICHMatthews International2022-06-21$45m0.0x0.0x
Fronti FabricationsChart Industries2022-05-31$20m0.0x0.0x
DuplomaticDaikin2022-04-28$248m0.0x1.5x
Salford GroupLinamar2022-04-27$198m0.0x0.0x
WengerMarel2022-04-27$540m0.0x0.0x
RE2Palladyne AI2022-03-28$100m0.0x0.0x
The Intimidator GroupToro2022-01-14$400m0.0x2.0x
Quatro Air technologiesAbsolent Air Care Group2021-11-15$17m0.0x1.4x
Tuthill Pump GroupIR2021-11-02$85m0.0x0.0x
UrtasunJBT2021-11-02$40m0.0x0.0x
Air DimensionsIR2021-10-28$71m0.0x0.0x
Excel IndustriesStanley Black & Decker2021-09-13$375m0.0x0.0x
BalemasterKadant2021-08-23$54m0.0x2.5x
IEC ElectronicsCreation Technologies2021-08-12$242m22.0x1.3x
ExOneDesktop Metal2021-08-11$575m0.0x9.7x
NuevopakIPG2021-06-30$44m0.0x0.0x
SeepexIR2021-06-21$486m0.0x2.7x
DGI TradingNorth American Construction2021-06-09$24m0.0x0.0x
Gal‑Shvav GroupFIMI Opportunity Funds (PE)2021-05-20$100m0.0x0.0x
AMECOOne Equity Partners (PE)2021-05-04$73m0.0x0.0x
Philadelphia Mixing SolutionsSPX FLOW2021-04-28$65m0.0x0.0x
Precise AutomationAzenta2021-04-26$70m0.0x4.1x
NordcoWabtec2021-03-23$400m0.0x0.0x
Structural Composites IndustriesLuxfer Group Ltd.2021-03-15$20m0.0x0.0x
Dorner Mfg. Corp.Columbus McKinnon2021-03-01$485m0.0x0.0x
L3 Harris TechnologiesRENK2021-03-01$400m0.0x1.7x
Sdiptech AB - Swedish Elevator BusinessTK Elevator2021-02-19$28m15.5x0.8x
ABEL Pumps LPIDEX2021-01-11$104m0.0x3.0x
Ham-Let (Israel-Canada) Ltd.Ultra Clean Holdings2020-12-16$348m0.0x0.0x
Tuthill Vacuum and Blower SystemsIR2020-12-07$184m0.0x3.1x
Applied Compression Systems Ltd.Xebec2020-09-01$5m0.0x0.6x
Briggs & StrattonKPS Capital Partners (PE)2020-07-20$550m0.0x0.3x
Delta SeparationsGibraltar Industries2020-02-13$50m0.0x1.1x
Nortech PackagingIPG2020-02-12$37m6.1x1.8x
Machinery Group OyBoreo2020-02-03$21m0.0x0.4x
Venture ProductsToro2020-01-21$168m0.0x1.7x
Cherry's Industrial Equipment Corp.Arcosa2019-12-12$298m8.1x1.7x
ENTREC Corp. - Crane BusinessSterling Crane2019-12-12$21m0.0x0.0x
Fairbanks Morse DefenseArcline Investment Management (PE)2019-12-12$450m0.0x0.0x
AutoGuide Mobile RobotsTeradyne2019-10-21$165m0.0x0.0x
BEKA LubricationTimken2019-09-16$165m0.0x0.0x
Morbark LLCAlamo Group2019-09-11$352m0.0x1.5x
Swiss Tool Systems AGRBC Bearings2019-08-15$34m0.0x0.0x
Proseal UK Ltd.JBT2019-04-29$339m0.0x0.0x
Terex Corp. - Mobile Cranes BusinessTadano2019-02-22$215m0.0x0.0x
Ditch WitchToro2019-02-15$700m0.0x1.0x
Mediamark Proprietary Ltd.Kagiso Media2019-02-11$2m0.0x0.0x
CIRCOR InternationalRelaDyne2019-01-28$85m0.0x0.0x
UK Platforms Ltd.Nationwide Platforms Ltd.2019-01-14$93m0.0x0.0x
Comecer S.p.A.ATS2018-12-19$127m0.0x1.7x
Genesis Systems Group LLCIPG Photonics2018-11-05$115m0.0x0.0x
Nippon Oil PumpTrustar Capital (PE)2018-11-01$96m0.0x0.0x
Luwa Air Engineering AGNederman2018-10-17$30m0.0x0.4x
MEGTEC SystemsDurr2018-10-08$124m0.0x0.0x
Transnorm Beteiligungen GmbHHoneywell2018-10-01$479m0.0x0.0x
Olivotto Ferrè S.p.A.China Glass Holdings2018-09-27$24m0.0x0.0x
Gimatic SrlBarnes Group2018-09-20$417m0.0x0.0x
Brooks AutomationAtlas Copco2018-08-27$675m0.0x3.5x
Custom Fluidpower Pty Ltd.Helios Technologies2018-08-06$26m0.0x0.6x
Mecatherm SAUnigrains (PE)2018-07-31$135m10.0x0.0x
FTNONJBT2018-07-12$36m0.0x0.0x
Sigma IndustriesNanoXplore2018-07-03$19m0.0x0.0x
Central Conveyor Co. Inc.U.S. Tsubaki Holdings2018-06-15$140m0.0x0.0x
Quickthree SolutionsSmartSand2018-06-04$43m0.0x0.0x
HardingePrivet Fund (PE)2018-05-28$245m0.0x0.0x
BlueCrestPlatinum Equity (PE)2018-04-30$361m0.0x0.0x
PiabPatricia Industries (PE)2018-04-30$823m0.0x5.8x
Precision Technology Supplies Ltd.Trifast2018-04-05$13m0.0x1.7x
LasergenAgilent2018-04-03$105m0.0x0.0x
Milltec MachineryAGI2018-03-28$110m0.0x0.0x
Faster S.p.A.Helios Technologies2018-02-19$485m0.0x4.1x
Runtech Systems OyIR2018-02-14$93m0.0x0.0x
Robco EngineeringErhvervsinvest (PE)2018-02-01$10m0.0x0.0x
Key TechnologyDuravant2018-01-25$175m15.9x1.3x
FCX PerformanceApplied Industrial Technologies2018-01-09$768m0.0x0.0x
JWC Environmental LLCSulzer2017-12-21$215m0.0x0.0x
RexCon LLCAstec Industries2017-10-02$26m0.0x0.0x
Hudson Products Corp.Chart Industries2017-09-21$410m0.0x0.0x
Blue River TechnologyDeere2017-09-06$305m0.0x0.0x
Mirage Machines Ltd.Enerpac Tool Group2017-08-16$16m0.0x0.0x
R.P.M. TechAlamo Group2017-08-08$13m0.0x0.7x
Air Liquide Welding SALincoln Electric2017-07-31$130m0.0x0.0x
PLF International Ltd.JBT2017-07-31$43m0.0x0.0x
Cal-WeldIchor2017-07-27$50m0.0x0.0x
Stewart & Stevenson LLCKirby2017-06-13$710m0.0x0.0x
KOP Surface Products Pte Ltd.The Weir Group2017-06-11$114m0.0x0.0x
Rotary Compression TechnologiesIR2017-06-07$20m0.0x0.0x
Ambrell Corp.inTEST2017-05-24$22m0.0x0.0x
CEC Controls Co. Inc.John Wood Group2017-05-24$44m0.0x0.0x
Norbar Torque Tools Holdings Ltd.Snap-on2017-05-04$72m0.0x1.8x
Romaco Pharmatechnik GmbHTruking Technology Ltd.2017-05-02$169m0.0x0.0x
Quintus Technologies ABKobe Steel2017-04-13$115m0.0x0.0x
Jiffy Air ToolP&F Industries2017-04-06$7m0.0x0.0x
Gestra AGSpirax-Sarco Engineering2017-04-03$210m10.9x2.0x
DuplomaticAlcedo SGR S.p.A. (PE)2017-03-14$30m0.0x0.0x
Siemens Turbomachinery Equipment GmbHEnovis2017-03-08$220m0.0x1.3x
Grindmaster-Cecilware Corp.Electrolux Group2017-03-02$108m0.0x1.7x
Avure TechnologiesJBT2017-02-27$57m0.0x0.0x
IP Cleaning SPA (IPC Group)Tennant2017-02-23$350m0.0x1.7x
Kepler Weber S.A.AGCO2017-02-09$160m0.0x0.0x

The 150 most recent of 219 recorded transactions in this sector. n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.

See all 219 Machinery transactions

Who owns Industrials & Manufacturing companies

On PEStore, Machinery sits within Industrials & Manufacturing. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.

Industrials & Manufacturing investors and acquirers on PEStoreMultiples across every sector

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