AMETEK Acquires Abaco Systems from Veritas Capital for $1.35B

AMETEK to Acquire Indicor Instrumentation for About $5.0 Billion

May 6, 2026

Industrial Services

AMETEK has entered into a definitive agreement to acquire a portfolio of instrumentation businesses from Indicor, LLC (Indicor Instrumentation) in an all-cash transaction valued at approximately $5.0 billion. The acquired businesses are expected to be integrated into AMETEK’s Electronic Instruments Group and Electromechanical Group, with closing expected in the second half of 2026.

AMETEK to Acquire FARO Technologies

July 22, 2025

Industrial Services

AMETEK, Inc. agreed to acquire all outstanding shares of FARO Technologies, Inc. for $44 per share in cash, valuing FARO at approximately $920 million. The deal was approved by both boards and was expected to close in the second half of 2025, subject to regulatory approvals and FARO shareholder approval.

AMETEK Acquires Virtek Vision International

October 31, 2024

Manufacturing

AMETEK, Inc. has acquired Virtek Vision International, a Waterloo, Ontario–based developer and manufacturer of laser-based projection and AI-driven inspection systems. The acquisition brings Virtek into AMETEK’s Electronic Instruments Group to complement its Creaform business and broaden automated 3D scanning, projection and inspection capabilities for aerospace, defense and industrial customers.

AMETEK Acquires Paragon Medical from American Securities for ~$1.9B

October 31, 2023

Medical Devices

AMETEK, Inc. has agreed to acquire Paragon Medical, a Pierceton, Indiana-based contract manufacturer of medical components and instruments, from private equity firm American Securities in an all-cash transaction valued at approximately $1.9 billion. The deal advances AMETEK’s capabilities and footprint in medical device manufacturing and is subject to customary closing conditions and regulatory approvals.

Veritas Capital Affiliate to Acquire CAES Space Systems

October 13, 2022

Aerospace & Defense

Veritas Capital announced that an affiliate has entered into a definitive agreement to acquire CAES Space Systems from CAES. The company supplies high-reliability, radiation-hardened electronic solutions for space, defense, healthcare, and industrial applications, and the transaction is expected to close in Q1 2023 subject to customary conditions and approvals.

Mercury Systems Acquires Avalex Technologies Corporation

September 27, 2021

Aerospace & Defense

Mercury Systems, Inc. signed a definitive agreement to acquire Avalex Technologies Corporation, a Gulf Breeze, Florida-based provider of mission-critical avionics (rugged displays, communications management, digital video recorders, and warning systems). The all-cash asset purchase (subject to customary adjustments) is expected to be funded with cash on hand and the company's revolving credit facility; Avalex generated approximately $40 million of revenue for the year ended December 31, 2022 with ~25% adjusted EBITDA margins and the deal was expected to close in Mercury's fiscal Q2 2022 (subject to HSR clearance).