Esco Technologies Acquires Megger Group

04:50 PM EDT, 10/01/2026 (MT Newswires) -- Esco Technologies (ESE) said late Thursday it has completed the acquisition of Megger Group, a business of TBG. Under the terms of the transaction, TBG has agreed to certain lock-up provisions tied to its equity ownership in Esco common stock and has nomination rights for one seat on Esco's board, the company said. Megger is a global provider of testing, monitoring, and data-driven solutions for utilities and critical electric infrastructure and will become a part of Esco's Utility Solutions Group segment, the company added. Financial terms of the transaction were not disclosed.