Filing Flows › Revvity (RVTY) › Takeover & LBO
Is Revvity (RVTY) a takeover target?
A leveraged buyout at today's price plus 30% ($204.10 a share) would return about 0% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $94.23 a share (−40% against today's $157.00). Historically 3.1% of companies with its figures were bought within a year (0.61× the average).
The buyout, step by step
| Entry | Amount | How |
|---|---|---|
| Offer price a share | $204.10 | today's $157.00 plus 30% |
| × shares | 111.6 million | |
| = Equity value | $22.8B | |
| + Debt refinanced | $3.2B | |
| − Cash | $1.0B | |
| = Enterprise value | $25.0B | 32.4× EBITDA of $771M |
| Fees | $499M | 2% of the price |
| New debt | $4.2B | 5.5× EBITDA at 7.65% a year; the limit that binds: 5.5× EBITDA |
| Buyer's own money | $21.2B | 83% of the cost |
5 years under the buyer
| Year | Revenue | EBITDA | Interest | Free cash flow | Debt left |
|---|---|---|---|---|---|
| Year 1 | $3.0B | $802M | $324M | $388M | $3.9B |
| Year 2 | $3.1B | $833M | $295M | $440M | $3.4B |
| Year 3 | $3.3B | $862M | $261M | $495M | $2.9B |
| Year 4 | $3.4B | $890M | $223M | $553M | $2.4B |
| Year 5 | $3.5B | $917M | $181M | $614M | $1.8B |
The exit and the buyer's return
| Exit | Amount | |
|---|---|---|
| Exit multiple | 25.6× EBITDA | today's trading multiple, before any premium |
| Enterprise value at exit | $23.4B | |
| − Debt left | $1.8B | |
| = Buyer's equity | $21.7B | |
| Money multiple | 1.02× | on $21.2B put in |
| Buyer's yearly return (IRR) | 0.4% |
Price against return
What the buyer makes at other premiums over today's $157.00; the IRR reaches 20% at $94.23 a share.
| Premium | Price a share | Buyer's IRR |
|---|---|---|
| 10% | $172.70 | 4.2% |
| 20% | $188.40 | 2.2% |
| 30% | $204.10 | 0.4% |
| 40% | $219.80 | −1.2% |
| 50% | $235.50 | −2.6% |
The figures used
| Figure | Amount | |
|---|---|---|
| Revenue, last 12 months | $2.9B | |
| EBITDA, last 12 months | $771M | 26.5% of revenue |
| Depreciation and amortization | $412M | |
| Capital spending | $69.5M | |
| Debt | $3.2B | |
| Cash | $1.0B | |
| Share price | $157.00 | on Oct 30, 2026 |
Fixed rules, the same as the interactive view's starting point: the shares are bought at today's price plus 30%, the company's debt is refinanced and fees take 2%. New debt is the least of 5.5× EBITDA, 65% of the price and the amount whose interest EBITDA covers 2 times, at 7.65% a year (SOFR 3.89% plus the high-yield B spread 3.26% plus 0.5%, rates of Oct 15, 2026). Revenue grows 4.1% in the first year — the company's own rate, held between −3% and +8% — fading to 3% by year 5; the EBITDA margin, depreciation and capital spending stay at today's share of revenue; working capital takes 10% of each year's added revenue; tax is 12% of profit after interest. Every dollar of free cash flow repays debt. After 5 years the buyer sells at today's multiple of EBITDA.
What a takeover could cost
Takeovers in its sector paid a median premium of 40% over the share price before the deal (the middle half 14.7% to 60.2%), according to the 20 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Revvity would cost about $219.80 a share, $24.5B for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 14.7% | $180.08 | $20.1B |
| Median | 40% | $219.80 | $24.5B |
| High end (a quarter paid more) | 60.2% | $251.51 | $28.1B |
The odds, from history
Historically 3.1% of companies with its figures were bought within a year (0.61× the average). Its figures put it in decile 2 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.
Revvity's latest quarter
Revvity, Q3 2026: revenue $729M (+4% year over year), operating margin 10.6%, net earnings $62.3M, operating cash flow $167M. The chart follows the revenue to costs, profit and cash.
Questions
Is Revvity being acquired?
No headline, 8-K or 13D about a sale is on file in the last year.
Could private equity buy Revvity?
A leveraged buyout at today's price plus 30% ($204.10 a share) would return about 0% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $94.23 a share (−40% against today's $157.00).
What would a takeover of Revvity cost?
Takeovers in its sector paid a median premium of 40% over the share price before the deal (the middle half 14.7% to 60.2%), according to the 20 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, Revvity would cost about $219.80 a share, $24.5B for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.