PCB Piezotronics

PCB is a global leader in the design, manufacture and distribution of piezoelectric sensors, accelerometers and associated electronics for the measurement of dynamic pressure, force and vibration that enhance the productivity, safety, reliability and efficiency of their customer’s products and processes.

has been acquired by

Engineered Products & Sensors

Situation

BlackArch was retained by PCB and its shareholders to serve as the company’s exclusive financial advisor.

BlackArch’s Customized Solution

BlackArch tailored a sellside process to meet company and shareholder objectives as well as preserve PCB’s legacy by finding a growth-oriented buyer that would maintain the PCB brand, facilities and employee base.

Outcome

PCB Group was acquired by MTS Systems (NASDAQ: MTSC), a leading global supplier of high-performance test systems and position sensors for an announced value of $580 million. PCB’s management team will lead the combined PCB/MTS Systems sensor business unit and PCB’s facility in Depew, NY will become the headquarters for MTS System’s sensor business unit.

Industries:

Aerospace & Defense, Industrial Products

Location:

Depew, NY

Transaction type:

Sellside Advisory