IDEX Corporation (IEX) recently completed the acquisition of Mott Corporation and its subsidiaries (Mott). The transaction is valued at $1 billion (including a$100 million tax benefit). The valuation equates to approximately 19 times Mott’s forecasted EBITDA for the full year of 2024 and a multiple in the mid-teens based on the projected EBITDA for 2025. This deal was announced in July 2024.Based in Farmington, CT, Mott is engaged in designing and manufacturing sintered porous metal components and engineer ...