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FARO - M&A Summary, Ownership, and Business Overview

Technology HardwareCompany

FARO M&A Summary

FARO has acquired 14 companies of its own, including 3 in the last 5 years.

FARO’s largest acquisition to date was in 2021, when it acquired HoloBuilder for $34M. FARO has acquired in 6 different US states, and 6 countries. The Company’s most targeted sectors include information technology (29%) and software (29%).

FARO Ownership

Who owns FARO?

FARO is owned by AMETEK. It was acquired on May 6, 2025.

FARO Business Overview

Where is FARO headquartered?

FARO is headquartered in Lake Mary, Florida.

What is FARO’s revenue?

FARO disclosed revenue of 342M USD for 2024 and 359M USD for 2023.

How many employees does FARO have?

FARO has 1,181 employees.

What sector is FARO in?

FARO is a technology hardware company.

When was FARO founded?

FARO was founded in 1981.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity14
  • Total Sectors Invested 4
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 1

FARO

FARO Technologies, Inc.

125 Technology Park,
Lake Mary, Florida 32746
United States,
(407) 333-9911
www.faro.com

FARO is a provider of portable CMMs (coordinate measuring machines) and 3D imaging devices to solve dimensional metrology problems. FARO was incorporated in 1981 and is based in Lake Mary, Florida.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.4/yr) # 12 1 1 - - - 14
vol $7M $34M $34M $75M
Sell (0.0/yr) # - - - - - - 0
  14

Most Recent M&A

Company Date Value Type
GeoSLAM Ltd. 2022-09-01 34M GBP Add-on Acquisition
Nottingham, United Kingdom · www.geoslam.com
HoloBuilder, Inc. 2021-06-07 34M USD Add-on Acquisition
San Francisco, California · www.holobuilder.com
ATS AB (Advanced Technical Solutions) 2020-08-21 - Add-on Acquisition
Mölndal, Sweden · www.ats.se
Opto-Tech s.r.l. 2018-07-16 - Add-on Acquisition
Brescia, Italy
Lanmark Controls, Inc. 2018-07-09 - Add-on Acquisition
Acton, Massachusetts · www.lanmarkcontrols.com
Dustin Forensics 2017-11-15 - Add-on Acquisition
Adairsville, Georgia · www.dustinforensics.com
MWF-Technology GmbH 2016-12-12 - Add-on Acquisition
Wendel, Germany · www.mwf-technology.de
Laser Projection Technologies, Inc. 2016-08-29 - Add-on Acquisition
Londonderry, New Hampshire · www.lptcorp.com
BuildIT Software & Solutions Ltd. 2016-07-12 - Add-on Acquisition
Montreal, Quebec · www.builditsoftware.com
kubit GmbH 2015-03-03 - Add-on Acquisition
Dresden, Germany · www.kubit-software.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 4 (29%) 34M (45%) - -
Software 4 (29%) 34M (46%) - -
Technology Hardware 4 (29%) - - -
Electrical Equipment 2 (14%) 7M (9%) - -
Total 14 $75M - -

By Geo

State/Country Buy Value Sell Value
United States 7 41M - -
  Massachusetts 2 - - -
  Pennsylvania 1 7M - -
  Oregon 1 - - -
  New Hampshire 1 - - -
  Georgia 1 - - -
  California 1 34M - -
Canada 2 - - -
  Quebec 1 - - -
  British Columbia 1 - - -
Germany 2 - - -
Italy 1 - - -
Sweden 1 - - -
United Kingdom 1 34M - -
Domestic 7 (50%) 41M (55%) - -
Cross-border 7 (50%) 34M (45%) - -
Total 14 $75M - -

Deal Values

buy # Total
< $100M 3 $75M
TOTAL $75M
Largest HoloBuilder, Inc.
$34M (2021-06-07)

M&A Connections

Deals
Acquired from
Strategic(s)
7%
1 (7%)

Company Summary

SECTOR

Technology Hardware

Revenue

342   5% 2024
359   4% 2023
346   3% 2022
338   12% 2021
304   21% 2020
382   6% 2019
404   12% 2018
361   11% 2017
326   3% 2016
318   8% 2015
342   18% 2014
292   7% 2013
273   2012
(millions of USD) Show More Show Less

Employees

1,181

Established

1981

Public

NASDAQ: FARO

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