Â鶹ֱ²¥ & Lardner LLP represented FARO Technologies, Inc. (NASDAQ: FARO), a leading provider of 3D measurement and imaging solutions, in its definitive agreement to be acquired by AMETEK, Inc. (NYSE: AME).
FARO’s outstanding shares will be acquired by AMETEK at $44 per share in cash, valuing FARO at an enterprise value of approximately $920 million. The boards of directors of both companies have unanimously approved the transaction, the closing of which is subject to customary conditions, including applicable regulatory approvals and the approval of FARO shareholders. The transaction is expected to be completed in the second half of 2025.
FARO is a leading provider of 3D measurement and imaging solutions, including portable measurement arms, laser scanners and trackers, software solutions, and comprehensive service offerings. FARO’s precision manufacturing and digital reality solutions serve a diverse range of end markets, recording annual sales of approximately $340 million.
The Â鶹ֱ²¥ transactions team was led by partner Jonathan Witt with support from partners Gregory Neppl, Leigh Riley, Garrett Bishop, and Omar Lucia, senior counsels Sara Gangel and Christopher Terris, and associates Bryn Allen and Madeline Grinnell.
