M&A Deal Summary

Gamma Technologies Acquires FEMAG Software

On November 17, 2022, Gamma Technologies acquired software company FEMAG Software from ProFEMAG

Acquisition Highlights
  • This is Gamma Technologies’ 2nd transaction in the Software sector.
  • This is Gamma Technologies’ 1st transaction in the United States.

M&A Deal Summary

Date 2022-11-17
Target FEMAG Software
Sector Software
Buyer(s) Gamma Technologies
Sellers(s) ProFEMAG
Deal Type Divestiture

Target

FEMAG Software

United States
FEMAG Software is a provider of finite element based, electromagnetic simulation software solution for electric machines.

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Buyer(S) 1

Buyer

Gamma Technologies

Westmont, Illinois, United States

Category Company
Founded 1994
Sector Software
DESCRIPTION

Gamma Technologies offers a sophisticated computer-aided engineering (CAE) software GT-SUITE that is used by engineers to execute large-scale, integrated simulations of powertrain and vehicle systems. GT-SUITE includes a complete library of physics-based modeling software customized to address the challenges of vehicle and component design, allowing simulation of a variety of vehicle functions and subsystems, including powertrain, transmission, engine, thermal management, hydraulics, lubrication and friction, acoustics, HVAC, after treatment, general multi-body mechanics and control. Gamma Technologies was founded in 1994 and is based in Westmont, Illinois.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-17 Exothermia

Thessaloniki, Greece

Exothermia is a provider of predictive thermo-electro-chemical solutions for zero-impact emissions technologies. Exothermia was founded is based in Thessaloniki, Greece.

Buy -

Seller(S) 1

SELLER

ProFEMAG

Germany

Category Company
Sector Software
DESCRIPTION

ProFEMAG is a provider of a software application system for the design of electrical machines. ProFEMAG is based in Germany.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1