Add-on Acquisition • Software

Aspen Tech Acquires The Fidelis Group

On June 6, 2016, Aspen Tech acquired software company The Fidelis Group

Acquisition Context

This is Aspen Tech’s 10th transaction in the Software sector.
This is Aspen Tech’s 8th transaction in the United States.
This is Aspen Tech’s 4th transaction in Texas.

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M&A Deal Summary
Date	June 6, 2016
Target	The Fidelis Group
Sector	Software
Buyer(s)	Aspen Tech
Deal Type	Add-on Acquisition

Target Company

The Fidelis Group

Lake Jackson, Texas, United States

The Fidelis Group LLC is a provider of asset reliability software that process industry companies use to predict and optimize asset performance. Customers use the software to mitigate risk and achieve significant capital expense savings and increased availability.

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Buyer Overview 1

Buyer

Aspen Tech

Bedford, Massachusetts, United States

Category	Company
Founded	1981
Sector	Software
Employees	3,574
Revenue	709M USD (2021)

DESCRIPTION

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

Deal Context for Buyer	#
Overall	12 of 19
Sector: Software	10 of 13
Type: Add-on Acquisition	7 of 13
State: Texas	4 of 4
Country: United States	8 of 10
Year: 2016	1 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2015-03-12	BLOWDOWN United States BLOWDOWN is a software technology services.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2015-03-12

BLOWDOWN

United States

BLOWDOWN is a software technology services.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-10-27	Mtelligence San Diego, California, United States Mtelligence Corp. (Mtell) is a provider of maintenance intelligence software solutions that link plant and business.	Buy	$37M

DATE

TARGET

DEAL TYPE

VALUE

2016-10-27

Mtelligence

San Diego, California, United States

Mtelligence Corp. (Mtell) is a provider of maintenance intelligence software solutions that link plant and business.

Buy

$37M

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