Aspen Tech - M&A Summary and Business Overview

SoftwareCompany

Aspen Tech M&A Summary

Aspen Tech has acquired 22 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Aspen Tech’s largest acquisition to date was in 2022, when it acquired Micromine Pty for $640M. Aspen Tech has acquired in 6 different US states, and 6 countries. The Company’s most targeted sectors include software (69%) and information technology (28%).

Aspen Tech Business Overview

Where is Aspen Tech headquartered?

Aspen Tech is headquartered in Bedford, Massachusetts.

What is Aspen Tech’s revenue?

Aspen Tech disclosed revenue of 709M USD for 2021 and 599M USD for 2020.

How many employees does Aspen Tech have?

Aspen Tech has 3,574 employees.

What sector is Aspen Tech in?

Aspen Tech is a software company.

When was Aspen Tech founded?

Aspen Tech was founded in 2021.

M&A Summary

  • M&A Total Activity23
    • M&A Buy Activity22
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 8
  • M&A Advisors 2

Aspen Tech

Aspen Technology, Inc.

20 Crosby Drive,
Bedford, Massachusetts 01730
United States,
(781) 221-6400
www.aspentech.com

Aspen Tech is a supplier of software that optimizes process manufacturing. Aspen Tech was founded in 1981 and is based in Bedford, Massachusetts.


M&A Summary

Buy vs Sell

Year '21 '22 '23 '24 T
Buy (0.8/yr) # 1 2 - - 22
vol $640M $950M
Sell (0.0/yr) # - - - - 1
  23

Most Recent M&A

Company Date Value Type
inmation Software GmbH 2022-10-24 - Add-on Acquisition
Köln, Germany · www.inmation.com
Micromine Pty Ltd 2022-07-27 640M AUD Add-on Acquisition
Perth, Australia · www.micromine.com
Open Systems International, Inc. 2021-10-11 - Divestiture
Medina, Minnesota · www.osii.com
Optiplant 2020-12-09 - Add-on Acquisition
Walnut Creek, California · www.optiplant.com
Camo Analytics AS 2020-11-17 - Add-on Acquisition
Oslo, Norway · www.camo.com
Mnubo, Inc. 2019-07-12 78M CAD Add-on Acquisition
Montreal, Quebec · www.mnubo.com
Sabisu Ltd. 2019-07-12 - Add-on Acquisition
Manchester, United Kingdom · www.sabisu.co
Apex Optimisation 2018-02-05 - Add-on Acquisition
Glenelg South, Australia · www.apex-opt.com
RtTech Software, Inc. - Software and Edge Connectivity Assets 2017-12-05 - Divestiture
Moncton, New Brunswick
Mtelligence Corp. (Mtell) 2016-10-27 37M USD Add-on Acquisition
San Diego, California · www.mtell.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 15 (68%) 872M (92%) - -
Information Technology 6 (27%) 78M (8%) 1 (100%) -
Information Services 1 (5%) - - -
Total 22 $950M 1 -

By Geo

State/Country Buy Value Sell Value
United States 11 232M 1 -
  Texas 4 - - -
  California 2 37M - -
  Massachusetts 1 60M 1 -
  New Jersey 1 135M - -
  Minnesota 1 - - -
Australia 3 640M - -
Canada 3 78M - -
  Quebec 1 78M - -
  New Brunswick 1 - - -
  Alberta 1 - - -
Germany 2 - - -
United Kingdom 2 - - -
Norway 1 - - -
Domestic 11 (50%) 232M (24%) 1 (100%) -
Cross-border 11 (50%) 718M (76%) - -
Total 22 $950M 1 -

Top M&A Advisors

Financial Deals
Goldman Sachs
 2
Legal Deals
DLA Piper
 1

Deal Values

buy # Total
$100M to $1B 2 $775M
< $100M 3 $174M
TOTAL $950M
Largest Micromine Pty Ltd
$640M (2022-07-27)

M&A Connections

Deals
Acquired from
Investor(s)
5%
1 (5%)
Strategic(s)
32%
7 (32%)
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Software

Revenue

709   19% 2021
599   1% 2020
598   20% 2019
500   4% 2018
483   3% 2017
472   8% 2016
440   13% 2015
391   26% 2014
311   2013
(millions of USD) Show More Show Less

Employees

3,574

Established

2021

Public

NASDAQ: AZPN

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