On the Record · Gentex
Gentex acquisitions, on the record
The businesses Gentex bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
HomeLinkWord for word“In 2013, the Company acquired HomeLink ® , a wireless vehicle/home communications product that enables drivers to remotely activate garage door openers, entry door locks, home lighting, security systems, entry gates and other radio frequency convenience products for automotive applications, wherein the Company had previously been a licensee of HomeLink ® and had been, since 2003, integrating HomeLink ® into its interior automatic-dimming rearview mirrors.” 10-K for 2023 | acquisition | In 2013 | — |
Vaporsens, Inc. ("Vaporsens")Word for word“In April 2020, the Company, in the ordinary course of business, acquired Vaporsens, Inc. ("Vaporsens"), which specializes in nanofiber chemical sensing research and development.” 10-K for 2023 | acquisition | In April 2020 | — |
Guardian Optical Technologies ("Guardian")Word for word“In September 2021, the Company announced the acquisition of Guardian Optical Technologies ("Guardian"), an Israeli startup that pioneered a unique, multi-modal sensor technology designed to provide a comprehensive suite of driver- and cabin-monitoring solutions for the automotive industry.” 10-K for 2023 | acquisition | In September 2021 | — |
Argil, Inc.Word for word“In 2020, the Company, in the ordinary course of business, completed the acquisition of Argil, Inc., an electrochromic technology and research and development company, which the Company anticipates using to complement and expand its product offerings and leverage for manufacturing efficiencies.” 10-K for 2023 | acquisition | In 2020 | — |
Vaporsens, Inc.Word for word“Further in 2020, the Company, in the ordinary course of business, acquired Vaporsens, Inc. ("Vaporsens"), which specializes in nanofiber chemical sensing research and development.” 10-K for 2024 | acquisition | in 2020 | — |
Guardian Optical TechnologiesWord for word“Also in 2021, the Company announced the acquisition of Guardian Optical Technologies ("Guardian"), an Israeli startup that pioneered a unique, multi-modal sensor technology designed to provide a comprehensive suite of driver- and cabin-monitoring solutions for the automotive industry.” 10-K for 2024 | acquisition | Also in 2021, the Company announced the acquisition of | — |
GalvanEyes, LLCWord for word“The Company paid $ 2.9 million in cash, as well as an earnout over the next fifteen calendar years, not to exceed $ 15 million in the aggregate, for which the acquisition date fair value is estimated at $ 1.5 million.” 10-K for 2024 | acquisition | — | The Company paid $ 2.9 million in cash, as well as an earnout over the next fifteen calendar years, not to exceed $ 15 million in the aggregate |
VOXX (shares not already owned by the Company)Word for word“On December 17, 2024, as previously disclosed, the Company entered into a definitive agreement and plan of merger for the Company to acquire shares of VOXX in an all-cash transaction.” 10-K for 2024 | agreed acquisition | On December 17, 2024 | — |
VOXXWord for word“On April 1, 2025, the Company acquired all of the issued and outstanding shares of VOXX common stock not already owned by the Company for a purchase price of $7.50 per share, resulting in VOXX becoming a wholly owned subsidiary of the Company for cash consideration totaling $148.3 million (see Note 1 1 , "Acquisitions" ).” 10-K for 2025 | acquisition | On April 1, 2025 | $7.50 per share |
BioConnect Inc.Word for word“On July 1, 2025, the Company, in the ordinary course of business, completed its acquisition of BioConnect Inc. ("BioConnect") (see Note 1 1 , "Acquisitions" ).” 10-K for 2025 | acquisition | On July 1, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-12-31 | — | $0 |
| 2018-12-31 | $0 | $0 |
| 2019-12-31 | $0 | $0 |
| 2020-12-31 | $11.2 million | $4.6 million |
| 2021-12-31 | $12.1 million | $2 million |
| 2022-12-31 | $0 | $0 |
| 2023-12-31 | $18.9 million | $26.7 million |
| 2024-12-31 | $2.9 million | $4.2 million |
| 2025-12-31 | $156.3 million | $16.5 million |
Deal filings since 2016
- 2025-04-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Gentex’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.