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M&A Deal Summary

EFI Acquires Optitex

On June 16, 2016, EFI acquired software company Optitex for 53M USD

Acquisition Highlights
  • This is EFI’s 17th transaction in the Software sector.
  • This is EFI’s 2nd largest (disclosed) transaction.
  • This is EFI’s 19th transaction in the United States.
  • This is EFI’s 1st transaction in New York.
Investment Fate
  • Optitex was divested to a consortium of strategic buyers in 2020.

M&A Deal Summary
Date 2016-06-16
Target Optitex
Sector Software
Buyer(s) EFI
Deal Type Add-on Acquisition
Deal Value 53M USD

Target

Optitex

New York, New York, United States
Optitex is a global software provider of integrated 2D-3D computer-aided design (CAD) solutions for fashion and apparel, automotive, upholstery, and industrial fabrics. Optitex digitally streamlines design, development, and production throughout the supply chain, enabling efficient workflows and quick response to market demands. Informed by over three decades of experience and a growing base of 30,000 users, the company’s innovative solutions are highly accurate, sustainable, and cost-effective, offering brands, retailers, and manufacturers a one-vendor solution for delivering high-quality products on demand and on budget. Optitex was formed in 1988 and is based in

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Buyer(S) 1

Buyer

EFI

Londonderry, New Hampshire, United States
Category Company
Founded 1989
Sector Technology Hardware
Employees3,400
Revenue 1.0B USD (2018)
DESCRIPTION
Entrance to Electronics for Imaging's corporate headquarters in Fremont, California.
Entrance to Electronics for Imaging's corporate headquarters in Fremont, California.

EFI is a provider of digital printing solutions. EFI's products include industrial super-wide and wide format, label and packaging, textile, and ceramic tile decoration digital inkjet printers. EFI's products are designed to automate print and business processes, streamline workflow, provide value-added services, and produce accurate digital output. EFI was formed in 1989 and is based in Londonderry, New Hampshire.

DEAL STATS #
Overall 31 of 37
Sector: Software M&A 17 of 21
Type: Add-on Acquisition M&A Deals 28 of 32
State: New York M&A 1 of 1
Country: United States M&A 19 of 21
Year: 2016 M&A 2 of 2
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 Rialco

Bradford, United Kingdom

Rialco Ltd. is a specialist chemicals company provides dye powders and color products for digital print and industrial manufacturing industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 Xerox - FreeFlow Print Server DFE Business

Norwalk, Connecticut, United States

Xerox - FreeFlow Print Server (FFPS) DFE Business is a provider of freeflow print server.

Buy -
Mergr

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