FARO: AMETEK to Acquire FARO Technologies in $920M Deal
Deal News | May 06, 2025 | Fried Frank
In a notable move in the industrial technology sector, AMETEK, Inc. is set to acquire FARO Technologies, Inc., a renowned provider of 3D measurement and imaging solutions, for a consideration of $920 million. FARO’s offerings, which include portable measurement arms, laser scanners, trackers, and comprehensive software and service solutions, position it as a key player in the field. AMETEK's acquisition fits into its strategic vision of enhancing its industrial technology solutions portfolio. Fried Frank served as legal counsel to Evercore, the financial advisor to FARO Technologies, drawing upon the expertise of partner Roy Tannenbaum.
Sectors
- Industrial Technology
- 3D Measurement and Imaging
- Mergers & Acquisitions Advisory
Geography
- United States – The companies involved, AMETEK and FARO Technologies, are likely based in the United States, which is the central geography for this transaction.
Industry
- Industrial Technology – AMETEK is a provider of industrial technology solutions, making the acquisition of FARO Technologies highly relevant to this sector.
- 3D Measurement and Imaging – FARO Technologies is a leading provider of 3D measurement and imaging solutions, which is central to the industry discussed in the article.
- Mergers & Acquisitions Advisory – The involvement of Fried Frank as legal counsel and Evercore as financial advisor emphasizes the importance of M&A advisory services in this transaction.
Financials
- $920 million – The transaction value for the acquisition of FARO Technologies by AMETEK.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| FARO Technologies, Inc. | Target Company | Company | A leading provider of 3D measurement and imaging solutions. |
| AMETEK, Inc. | Acquirer | Company | A provider of industrial technology solutions. |
| Evercore | Financial Advisor | Company | Acted as financial advisor to FARO Technologies. |
| Fried Frank | Legal Advisor | Company | Provided legal counsel to Evercore in the transaction. |
| Roy Tannenbaum | Leading Legal Advisor | Person | Partner at Fried Frank leading the advisory team. |