M&A Deal Summary

Hagerman Acquires Synergis Engineering Design Solutions

On July 16, 2024, Hagerman acquired software company Synergis Engineering Design Solutions from Synergis Technologies

Acquisition Highlights
  • This is Hagerman’s 1st transaction in the Software sector.
  • This is Hagerman’s 2nd transaction in the United States.
  • This is Hagerman’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-07-16
Target Synergis Engineering Design Solutions
Sector Software
Buyer(s) Hagerman
Sellers(s) Synergis Technologies
Deal Type Divestiture

Target

Synergis Engineering Design Solutions

Quakertown, Pennsylvania, United States
Synergis Engineering Design Solutions provides Autodesk engineering design solutions and services. Synergis Engineering Design Solutions is based in Quakertown, Pennsylvania.

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Buyer(S) 1

Buyer

Hagerman

Mount Zion, Illinois, United States

Category Company
Founded 1985
Sector Information Technology
DESCRIPTION

Hagerman & Co., Inc. is a provider of IT solutions to architects, engineering and civil design firms, manufacturers, construction companies, and government institutions.


DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-26 Spectrum Technologies

Lakeland, Tennessee, United States

Spectrum Technologies, Inc. is a provider of commercial calibrations, test equipment repair services and product sales throughout North America.

Buy -

Seller(S) 1

SELLER

Synergis Technologies

Quakertown, Pennsylvania, United States

Category Company
Founded 1985
Sector Software
DESCRIPTION

Synergis Technologies is an established company that provides advanced engineering and design solutions. Synergis Technologies was founded in 1985 and is based in Quakertown, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1