Acquisitions Philosophy

  • Focusing on niche, high-margin industrial technology businesses with strong cash flow
  • Investing in faster growth markets, including technology, while maintaining a strong aftermarket exposure
  • Leveraging the Enpro Capability Center to increase margins and cash flow return on investment
  • Maximizing long-term shareholder returns through a commitment to sustainability and disciplined capital allocation

Focus Sectors

Core Business Acceleration (Bolt-Ons)

  • Advanced sealing solutions for critical applications
  • Pharma, biopharma, and food processing components and devices
  • Semiconductor chamber components and services
  • Optical filters, sensors, components, and assemblies

Adjacent Market Expansion (New Platforms)

  • Test and measurement equipment, components, and systems
  • Sensors, monitors, and other components in the industrial technology value chain
  • MedTech products, components, materials, and services
  • Next generation materials and coatings

Target M&A Profile

  • Markets with secular trends driving >5% annual growth
  • High degree of aftermarket exposure / recurring revenue
  • Fragmented competitive base, enabling follow-on acquisitions
  • Seek buyouts / majority control
  • Flexible approach to deal structure and equity rollover
  • Transactions executed discretely and quickly
  • EBITDA margins >20%
  • EBITDA >$5M (bolt-ons)
  • EBITDA >$15M (new platforms)
  • High cash-flow, asset light characteristics
  • Experienced & committed management team in place
  • Ability to integrate with Enpro culture and values of Safety, Excellence, and Respect

Contact Us

Ian White
Vice President,
Corporate Development
Picture of Ian White

Messages From Enpro's New Leaders

Mike Scobey
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