Financial Advisor
ESCO Technologies Inc.
M&A Advisory
Has Acquired
A Portfolio Company Of
Transaction Details
On October 1, 2026, ESCO Technologies Inc. (NYSE: ESE) announced that it has completed the acquisition of the Megger Group Limited (Megger) business of TBG AG (TBG). Under the terms of the transaction, TBG has agreed to certain lock-up provisions with respect to its equity ownership in ESCO common stock and has nomination rights for one seat on ESCO’s Board of Directors.
The acquisition of Megger supports ESCO’s long-term objective of expanding leadership positions in high-growth endmarkets. Megger is a leading global provider of testing, monitoring, and data-driven solutions for utilities and critical electric infrastructure and will become a part of the Utility Solutions Group segment. Megger adds a well-respected and differentiated product portfolio, with highly complementary capabilities, deep technical expertise, and strong customer and supplier relationships. The addition of Megger expands the scale and international reach of ESCO’s utility product offerings, further strengthening its position as a valued partner to utilities worldwide.
About the company
ESCO Technologies Inc.
ESCO Technologies is a global provider of highly engineered products and solutions serving diverse end-markets. It manufactures filtration and fluid control products, advanced composites, as well as signature and power management solutions for aviation, Navy, space, and industrial customers. ESCO is an industry leader in designing and manufacturing RF test and measurement products and systems; and provides diagnostic instruments, software and services to industrial power users and the electric utility and renewable energy industries. Headquartered in St. Louis, Missouri, ESCO and its subsidiaries have offices and manufacturing facilities worldwide.
Megger Group Limited
Megger is a leading global provider of testing, monitoring, and data-driven solutions for utilities and critical electric infrastructure, including industrial, transportation, data center and renewable end markets. Leveraging differentiated software and analytics capabilities, Megger empowers customers to operate with confidence and efficiency. Megger has a strong presence across the globe with key hubs in the United Kingdom, Europe, North America, and Asia.
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Sources: Company Press Releases.
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