AMETEK Expands with FARO Technologies Acquisition
Deal News | May 14, 2025 | Troutman Pepper Locke, LLP
Troutman Pepper Locke, LLP, a distinguished law firm, represented AMETEK Inc. in its strategic move to acquire FARO Technologies in a deal valued at approximately $920 million. This acquisition will bolster AMETEK's position in the Ultra Precision Technologies market by adding FARO's expertise in 3D measurement and imaging solutions. FARO Technologies, known for its innovative solutions including portable measurement arms and laser scanners, generates annual sales of around $340 million. The transaction, expected to close in the second half of 2025, is pending customary regulatory and shareholder approvals. Troutman Pepper Locke's advisory role highlights its capability in managing high-stakes corporate legal challenges.
Sectors
- Industrial Technology
- Legal Services
Geography
- United States – Both AMETEK and FARO Technologies are prominent companies based in the U.S., and the legal advisory by Troutman Pepper Locke takes place in this region.
Industry
- Industrial Technology – The main industry in which AMETEK and FARO Technologies operate, focusing on precision technologies and industrial solutions.
- Legal Services – Troutman Pepper Locke, LLP, as a legal advisor, providing counsel for the acquisition transaction.
Financials
- $920 million – The acquisition value of FARO Technologies by AMETEK.
- $340 million – Annual sales revenue of FARO Technologies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AMETEK Inc. | Bidding Company | Company | A global provider of industrial technology solutions, acquiring FARO Technologies. |
| FARO Technologies | Target Company | Company | A leading provider of 3D measurement and imaging solutions being acquired by AMETEK. |
| Troutman Pepper Locke, LLP | Legal Advisor | Company | Represented AMETEK in the acquisition process. |
| CMS | Legal Advisor | Company | Served as legal counsel to AMETEK on non-U.S. aspects of the deal. |
| Debbie Spranger | Legal Team Member | Person | Lead member of the Troutman Pepper Locke team advising AMETEK. |