Test & Measurement 2024 Year-in-Review & Q4 Update
Read more about M&A activity and trends in this sector

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2024 Year-in-Review and 2025 Outlook
- KPMG CF closed six T&M transactions across a range of end markets, applications, and geographies in 2024, demonstrating strong global momentum in the sector
- Exceedingly strong interest in T&M continues across the buyer landscape, reflected in competitive sale processes and strong valuations
- M&A transaction volume in 2024 was broadly flat compared to 2023, however, demonstrated significant momentum in H2 2024
- Key themes to watch in 2025 include the digitization of product and service offerings, increasing deployment of AI and other technologies, growth in demand for T&M solutions across the data center market, and larger TICC platforms potentially coming in market, among others
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Test & Measurement Industry Update Fall 2024
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In today’s market, you need an advisor with objective insight at every step of the transaction process. We work with you throughout the full deal cycle to create value and successfully execute your deal strategy.

Chrisanne Corbett
Managing Director, KPMG Corporate Finance LLC