M&A Deal Summary

FARO Acquires Lanmark Controls

On July 9, 2018, FARO acquired technology hardware company Lanmark Controls

Acquisition Highlights
  • This is FARO’s 3rd transaction in the Technology Hardware sector.
  • This is FARO’s 6th transaction in the United States.
  • This is FARO’s 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2018-07-09
Target Lanmark Controls
Sector Technology Hardware
Buyer(s) FARO
Deal Type Add-on Acquisition

Target

Lanmark Controls

Acton, Massachusetts, United States
Lanmark Controls, Inc. is a provider of high-speed laser marking control boards and intuitive, user-friendly laser marking software enabling integrators and product managers to develop high performance laser marking products. Lanmark Controls was founded in 2006 and is based in Acton, Massachusetts.

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Buyer(S) 1

Buyer

FARO

Lake Mary, Florida, United States
Category Company
Founded 1981
Sector Technology Hardware
Employees1,243
Revenue 359M USD (2023)
DESCRIPTION

FARO is a provider of portable CMMs (coordinate measuring machines) and 3D imaging devices to solve dimensional metrology problems. FARO was incorporated in 1981 and is based in Lake Mary, Florida.

DEAL STATS #
Overall 10 of 14
Sector (Technology Hardware) 3 of 4
Type (Add-on Acquisition) 9 of 13
State (Massachusetts) 2 of 2
Country (United States) 6 of 7
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-15 Dustin Forensics

Adairsville, Georgia, United States

Dustin Forensics is a provider of 3D crime and accident scene reconstruction and a pioneer in the legitimatization and admissibility of 3D data as an accepted courtroom tool.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-16 Opto-Tech s.r.l.

Brescia, Italy

Opto-Tech s.r.l. is a provider of compact, 3D structured light scanning solutions that specifically enable dentists, dental technicians and orthopedics to leverage the 3D world for the creation of crowns, implants and prosthesis. Opto-Tech is based in Brescia, Italy.

Buy -
Mergr

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