Although 2023 M&A activity was down from the high level of 2021, there are some signs that M&A activity in 2024 is picking up. We believe that the M&A market in the Photonics space is also likely to rebound this year.
Some of the more notable Photonics transactions in the first quarter of 2024 include:
Keysight Technologies, a US-based company that provides electronic design and test solutions, outbid Viavi Solutions to acquire Spirent Communications.
FOCUS Investment Banking has targeted Photonics as a core practice area. FOCUS is a national middle market investment banking firm with offices in major cities across the United States. We would be happy to schedule a call to give you our perspective on the current M&A market in your industry.
Brent Costello, a FOCUS Senior Advisor, has more than 30 years experience as an investment banker and mergers and acquisition and corporate finance lawyer. He has represented a wide range of clients in cross-border and domestic transactions, including small to mid-capitalization enterprises and public and private companies that also include family-owned entities. His clients represent various industries, including manufacturing and distribution, pharmaceutical, entertainment, aerospace, information systems, publishing, insurance, and hi-tech.
Prior to joining FOCUS, Mr. Costello was the Managing Partner of Sun West M&A Advisors, a firm specializing in M&A advisory services to private middle market companies.
Previously, Mr. Costello was a partner with the international law firm Kaye Scholer LLP where he was responsible for handling billions of dollars of corporate and finance transactions for major firm clients in its New York City and Los Angeles offices. He started his career as an associate at Cravath, Swaine & Moore, an international law firm headquartered in New York City.
Mr. Costello holds a J.D. from Georgetown University Law Center; and he graduated with a B.A. (cum laude) from Yale University.
