M&A Deal Summary

Caterpillar Acquires ESRG Technologies Group

On April 15, 2015, Caterpillar acquired information services company ESRG Technologies Group

Acquisition Highlights
  • This is Caterpillar’s 1st transaction in the Information Services sector.
  • This is Caterpillar’s 14th transaction in the United States.
  • This is Caterpillar’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2015-04-15
Target ESRG Technologies Group
Sector Information Services
Buyer(s) Caterpillar
Deal Type Add-on Acquisition

Target

ESRG Technologies Group

Virginia Beach, Virginia, United States
ESRG Technologies Group LLC is a vessel monitoring and data analytics provider. ESRG provides leading-edge data analysis and remote monitoring technology for assets in the marine and naval defense sectors. The Company was formed in 2000 and is based in Virginia Beach, Virginia.

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Buyer(S) 1

Buyer

Caterpillar

Irving, Texas, United States
Category Company
Founded 1925
Sector Machinery
Employees113,200
Revenue 67.1B USD (2023)
DESCRIPTION
Caterpillar office in Tucson, Arizona.
Caterpillar office in Tucson, Arizona.

Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar principally operates through three product segments. These include Resource Industries, Construction Industries, and Energy & Transportation. Caterpillar also provides financing and related services through its Financial Products segment. Caterpillar was incorporated in 1925 and is based in Irving, Texas.

DEAL STATS #
Overall 33 of 38
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 23 of 27
State (Virginia) 2 of 2
Country (United States) 14 of 18
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-28 Caterpillar s - Advanced Compacting Technology Group

United States

Caterpillar Inc.’s (“Caterpillar”) Advanced Compacting Technology Group, which produces powder metal components including flanges, transmission hubs, brake hubs and bearings.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-05 PEPR

Calgary, Alberta, Canada

PEPR Inc. is a developer and provider of production optimization software for the gas compression industry. PEPR develops software that evaluates, analyzes and provides recommendations to improve performance of revenue-producing assets.

Buy -
Mergr

Product

Company

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