What did Novanta Inc. pay for Motion Solutions?

Novanta Inc. acquired Motion Solutions for $189.0M in 2023, equivalent to 2.20x revenue. Target revenue was approximately $85.0M.

What does Motion Solutions do?

Motion Solutions is a medical devices business.

What multiple did Novanta Inc. pay for Motion Solutions?

2.20x revenue, based on disclosed deal value of $189.0M and disclosed financials.

M&A TRANSACTION · 2023

Motion Solutions acquired by Novanta Inc.

$189.0M· 2.20x revenue

Target

Motion Solutions

Acquirer

Novanta Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$85.0M

EBITDA

—

Deal Value

$189.0M

EV/EBITDA

—

Context

This $189.0M acquisition of Motion Solutions by Novanta Inc. sits in the medical devices sub-vertical. Novanta Inc. is acquiring as a strategic buyer; see how strategic acquirers typically price medical devices businesses on our Medical Devices strategic buyer-pool page.

Source

Data sourced from Press releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2023). Motion Solutions acquired by Novanta Inc.. https://exitvalue.ai/deals/motion-solutions-acquired-by-novanta-inc-hc-2023-0038