AMETEK acquired RTDS Technologies for part of $429.7 million across two 2022 businesses (Navitar and RTDS), a transaction completed in October 2022.
RTDS Technologies operates in EIG. A leading provider of real-time power simulation systems used by utilities and research and education institutions in the development and testing of the electric power grid and renewable energy applications, acquired in October 2022.
EIG
A leading provider of real-time power simulation systems used by utilities and research and education institutions in the development and testing of the electric power grid and renewable energy applications, acquired in October 2022.AMETEK FY2022 10-K, Item 1 Business / Acquisitions note
Advisory firms were not disclosed for this transaction.