M&A Deal Summary

Sandvik Acquires Mastercam

On August 25, 2021, Sandvik acquired software company Mastercam

Acquisition Highlights
  • This is Sandvik’s 3rd transaction in the Software sector.
  • This is Sandvik’s 16th transaction in the United States.
  • This is Sandvik’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2021-08-25
Target Mastercam
Sector Software
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

Mastercam

Tolland, Connecticut, United States
website
Mastercam is a provider of CAD/CAM software solutions for manufacturing industries. Mastercam was founded in 1983 and is based in Tolland, Connecticut.

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Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden

website

Category Company
Founded 1862
Sector Engineering
Employees38,995
Revenue 99.1B SEK (2021)
DESCRIPTION

Sandvik operates as a global engineering company. Sandvik is a high-technology and global industrial group that produces products and services that enhance customer productivity, profitability and safety. Sandvik was founded in 1862 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 31 of 53
Sector (Software) 3 of 10
Type (Add-on Acquisition) 26 of 47
State (Connecticut) 1 of 1
Country (United States) 16 of 22
Year (2021) 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Chuzhou Yongpu Carbide Tools

Chuzhou, China

Chuzhou Yongpu Carbide Tools is a premium solid round tools company that offers covering blanks, cutting tools, reconditioning and coating services. Chuzhou Yongpu Carbide Tools is headquartered in Chuzhou, China, and has around 500 employees.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Accuratech

Zug, Switzerland

Accuratech is a niched medical wire forming and component manufacturer. The product offering includes ultra-fine wires and micro-tubes, semi-finished wire components, electroplating and other products and services mainly used for the medical industry. Accuratech is based in Zug, Switzerland.

Buy -
Mergr

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