Generational Equity Advises OptoTest Corporation in its Sale to Santec USA Corporation

By Generational Equity


Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client OptoTest Corporation to Santec USA Corporation (a subsidiary of Santec Corporation, a publicly held company in Japan).

Located in Camarillo, California, OptoTest Corporation (OptoTest) is a worldwide leader in fiber optics and produces the fastest, most accurate, and most reliable test solutions in the industry. The Company designs and manufactures fiber optic test equipment, which is all made in the United States. Recently, OptoTest has developed a Software as a Service (SaaS) platform, which will significantly allow the business to scale operations and benefit from a recurring revenue model.

OptoTest is a leader in the fiber optics industry and has built solid fundamental technologies in measuring insertion loss, return loss, absolute optical power, polarity, and modal distribution. The Company offers broad solutions, whether customers’ needs are measuring insertion and return loss for fiber optic cable assemblies in production, or verifying that components meet rigorous environmental testing requirements for research and development laboratories.

Santec U.S.A. Corporation (SUSAC) markets fiber optic components and test instruments. The Company offers Wave Division Multiplexing (WDM) filters, multi-channel optical wavelength lockers, attenuators, voltage detectors, and optical subsystems. It also offers frequency distribution, wavelength scanning, and optical testing and measuring equipment. SUSAC was founded in 1985 and is headquartered in Hackensack, New Jersey.

SUSAC’s parent company, Santec Corporation, produces and sells optical components, optical instruments, and optical coherence tomography (OCT) systems. The Company offers optical instruments, including tunable lasers, tunable filters, optical test platforms, and polarization extinction ratio measurement equipment; and optical imaging and sensing products comprising OCT systems, accessories and software, 3D optical profilers, and lasers.

It also provides optical components, including liquid crystal on silicon spatial light modulators, power monitors, variable attenuators, optical filters, filter chips, and optical submodules; and medical devices, such as biometers. Santec Corporation was established in 1979. It is headquartered in Komaki, Aichi, Japan and has subsidiaries in North America (Santec U.S.A. Corporation in NJ), U.K. (SANTEC Europe Ltd. in London) and China (Santec Shanghai Co., Ltd. in Shanghai). Santec Corporation is listed on the JASDAQ Market (6777) – a section of the Tokyo Stock Exchange.

Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Sr. Managing Director Mergers & Acquisitions, Fred Zweifel, with support by Sr. Managing Director – Western Region, Lori Galloway, closed the transaction. Executive Managing Director Randy Kamin established the initial relationship with OptoTest.

About Generational

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit