M&A Deal Summary

Gerber Technology Acquires Avametric

On October 4, 2018, Gerber Technology acquired software company Avametric

Acquisition Highlights
  • This is Gerber Technology’s 1st transaction in the Software sector.
  • This is Gerber Technology’s 4th transaction in the United States.
  • This is Gerber Technology’s 1st transaction in California.

M&A Deal Summary

Date 2018-10-04
Target Avametric
Sector Software
Buyer(s) Gerber Technology
Deal Type Add-on Acquisition

Target

Avametric

San Francisco, California, United States
Avametric is a San Francisco based software development company recognized as an industry thought leader in the fashion-fit technology space. In addition to developing the first consumer facing Augmented Reality fit technology mobile app, Avametric designs tools and services that bridge the online and offline customer experience with the intention of making it easier for every customer to find the perfect fit.

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Buyer(S) 1

Buyer

Gerber Technology

Tolland, Connecticut, United States

Category Company
Founded 1968
Sector Information Technology
Employees1,778
Revenue 165M EUR (2020)
DESCRIPTION

Gerber Technology, Inc. is a provider of sophisticated hardware and software systems to automate and more effectively manage the product design and manufacturing process. Gerber Technology, Inc. was founded in 1968 and is based in Tolland, Connecticut.


DEAL STATS #
Overall 5 of 5
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-02 MCT Digital

Milwaukee, Wisconsin, United States

MCT Digital, Inc. is an integrated solutions provider of hardware and software finishing solutions for the sign and graphics and packaging markets. MCT Digital is based in Milwaukee, Wisconsin.

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