M&A Deal Summary

ADDiTEC Acquires Xerox - Elem Additive Solutions

On August 14, 2023, ADDiTEC acquired electrical equipment company Xerox - Elem Additive Solutions from Xerox

Acquisition Highlights
  • This is ADDiTEC’s 1st transaction in the Electrical Equipment sector.
  • This is ADDiTEC’s 1st transaction in the United States.
  • This is ADDiTEC’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2023-08-14
Target Xerox - Elem Additive Solutions
Sector Electrical Equipment
Buyer(s) ADDiTEC
Sellers(s) Xerox
Deal Type Divestiture

Target

Xerox - Elem Additive Solutions

Norwalk, Connecticut, United States
Xerox's Elem Additive Solutions develops liquid metal 3D printer, ElemX, was developed to be a safer and simpler solution, addressing supply chain resiliency for transportation, aerospace, defense and industrial manufacturing.

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Buyer(S) 1

Buyer

ADDiTEC

Palm City, Florida, United States
Category Company
Sector Manufacturing
DESCRIPTION

ADDiTEC is a provider of metal additive manufacturing solutions and applications. ADDiTEC is based in Palm city, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Xerox

Norwalk, Connecticut, United States
Category Company
Founded 1906
Sector Business Services
Employees18,700
Revenue 6.9B USD (2023)
DESCRIPTION
Xerox office in downtown Chicago, Illinois.
Xerox office in downtown Chicago, Illinois.

Xerox is a provider of business process and document management services worldwide. Xerox was founded in 1906 and is based in Norwalk, Connecticut.

DEAL STATS #
Overall 9 of 9
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 8 of 8
State (Connecticut) 2 of 2
Country (United States) 8 of 8
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-05 Go Inspire

Leicester, United Kingdom

Go Inspire is a print and digital marketing and communication services provider to grow its global Digital Services presence. Go Inspire was founded in 1992 and is based in Leicester, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-17 ITsavvy

Addison, Illinois, United States

ITsavvy is a technology solutions provider that delivers frictionless IT experiences to clients across multiple segments and industries. ITsavvy leverages the power of its partner ecosystem to design, develop and deliver technology infrastructure solutions that accelerate business outcomes on behalf of its clients. ITsavvy was founded in 2004 and is based in Addison, Illinois.

Buy $400M
Mergr

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