Sensors and sensor subsystems for industrial, automotive, and/or aircraft applications

Client: A division of a diversified company. Division manufactures defense and industrial control systems, composite materials, coatings, and other advanced materials.

Acquisition needs: A company manufacturing sensors or sensing subsystems, for some or all of the following:

• Sound
• Vibration
• Torque
• Stress
• Position
• Electrical current
• RF energy
• Light

Applications:

• Industrial process control
• Automotive
• Aircraft

Important characteristics:

• A manufacturer, not solely a system integrator
• Has proprietary technology
• Has significant market penetration and an established customer base
• Worldwide distribution of company's products is a plus

Annual revenues: $10 to $200 million; must be primarily commercial.

Location: Flexible.

Terms of acquisition: Cash, stock of a NYSE-traded company, or a combination.