M&A Deal Summary

Crane Acquires Streamware

On March 28, 2000, Crane acquired software company Streamware

Acquisition Highlights
  • This is Crane’s 1st transaction in the Software sector.
  • This is Crane’s 7th transaction in the United States.
  • This is Crane’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2000-03-28
Target Streamware
Sector Software
Buyer(s) Crane
Deal Type Add-on Acquisition

Target

Streamware

Norwood, Massachusetts, United States
Streamware Corp. is a provider of business management software and market analysis tools and research for the vending and food service industries. Its flagship products include VendMAX for Windows‚software and InfoVend, vending’s premier market research service.

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Buyer(S) 1

Buyer

Crane

Stamford, Connecticut, United States

Category Company
Founded 1855
Sector Machinery
Employees7,300
Revenue 2.1B USD (2024)
DESCRIPTION

Crane is a diversified manufacturer of highly engineered industrial products. Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. Crane was Incorporated in 1855 and is based in Stamford, Connecticut.


DEAL STATS #
Overall 8 of 27
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 19
State: Massachusetts M&A 1 of 2
Country: United States M&A 7 of 19
Year: 2000 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-20 Stentorfield

United Kingdom

Stentorfield Ltd. is a premier designer and manufacturer of hot and cold beverage vending machines, serving the U.K. and European market with a broad line of full size and tabletop products, for the hotel, restaurant, office coffee service and vending industries.

Buy $33M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-20 Industrial Flow Group of Alfa Laval

United States

Industrial Flow Group of Alfa Laval engages in the manufacturing of Saunders brand of diaphragm valves manufactured in the UK and India, and the DEPA brand of air operated diaphragm pumps manufactured in Germany.

Buy $47M