Public Company Business Services

Fortive

Everett, Washington, United States

Fortive is a global industrial technology innovator accelerating transformation in high-impact fields such as workplace safety, build environments, and healthcare, using a portfolio of operating companies and solutions across healthcare sterilization, industrial safety, predictive maintenance, and other mission-critical areas.

Focus Areas
Workplace safety, Industrial technology, Healthcare technology
Website
fortive.com

Tracked deals

5

5 tracked deals across 2019-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

5 buyout

Fortive Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Fortive. 1 2019 2 2021 1 2022 1 2023

Supporting Data

Recent Transactions

  • Buyer
    Fortive Corporation
    Target
    EA Elektro-Automatik Holding GmbH
    Seller
    Bregal Unternehmerkapital
    Industry
    IT Services
    Location
    Germany
    Type
    Buyout

    Fortive entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH, a provider of high-power electronic test and measurement solutions, for $1.45 billion in cash (enterprise value €1,585 million). The acquisition is subject to customary closing conditions and regulatory approvals and was expected to close in early Q1 2024.

  • Buyer
    RealWear, Fortive Corporation
    Target
    Genba AI
    Industry
    Cloud & SaaS
    Type
    Buyout

    RealWear has acquired Seattle-based Genba AI and received an additional $1.5 million Series C investment from Fortive Corporation. The deal brings Genba’s voice-enabled, speech-to-text SaaS for industrial maintenance into RealWear’s assisted-reality platform, accelerating RealWear’s shift to a platform-first SaaS strategy and opening new industrial channels (including a co-selling program with Fluke/eMaint).

  • Buyer
    Fortive Corporation
    Target
    Provation Software, Inc.
    Seller
    Clearlake Capital Group, L.P.
    Type
    Buyout

    Fortive completed its previously announced acquisition of Provation Software, adding the clinical workflow software provider as an operating company within Fortive’s Advanced Healthcare Solutions (AHS) segment. The deal was originally announced as a $1.425 billion acquisition from Clearlake, with Provation serving more than 5,000 healthcare facility customers.

  • Buyer
    Fortive Corporation
    Target
    ServiceChannel
    Seller
    Bayard Capital, Accel Partners
    Industry
    Cloud & SaaS
    Type
    Buyout

    Fortive entered into a definitive agreement with Bayard Capital and Accel Partners to acquire ServiceChannel, a global provider of SaaS-based multi-site facilities maintenance service solutions with an integrated service-provider network. The $1.2 billion transaction is expected to close in the third quarter of 2021, subject to customary closing conditions and regulatory approvals.

  • Buyer
    Fortive Corporation
    Target
    Censis Technologies, Inc.
    Seller
    The Riverside Company
    Industry
    Cloud & SaaS
    Type
    Buyout

    Fortive Corporation has acquired Censis Technologies, a Franklin, Tennessee-based provider of SaaS surgical instrument tracking and sterile processing workflow solutions, from The Riverside Company. Riverside said it executed a value-creation plan during its ~5-year hold—growing the sales team, completing an add-on (Applied Logic) and materially expanding hospital penetration—before selling the business to Fortive.

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