M&A Deal Summary

Hawk Ridge Systems Acquires Parsons Technology

On April 23, 2019, Hawk Ridge Systems acquired software company Parsons Technology

Acquisition Highlights
  • This is Hawk Ridge Systems’ 3rd transaction in the Software sector.
  • This is Hawk Ridge Systems’ 3rd transaction in the United States.
  • This is Hawk Ridge Systems’ 1st transaction in Nebraska.

M&A Deal Summary
Date 2019-04-23
Target Parsons Technology
Sector Software
Buyer(s) Hawk Ridge Systems
Deal Type Add-on Acquisition

Target

Parsons Technology

Bennington, Nebraska, United States
Parsons Technology, Inc. is a sales service organization that specializes in assisting the manufacturing and machining industries with best in class software for CAD/CAM programming, DNC communications, Machine Data Collection, Estimating and Quoting, Shop Floor travelers systems, and Tool Crib software. Parsons Technology offers installation, setup, training, and support for the software products we sell.

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Buyer(S) 1

Buyer

Hawk Ridge Systems

Mountain View, California, United States
Category Company
Founded 1996
Sector Software
DESCRIPTION

Hawk Ridge Systems is VAR of SolidWorks' CAD, CAM and CAE software solutions and 3D Systems' 3D printing solutions. The Company serves customers from its 16 office locations spanning the western United States and Canada. Hawk Ridge Systems was founded in 1996 and is based in Mountain View, California.

DEAL STATS #
Overall 3 of 8
Sector (Software) 3 of 5
Type (Add-on Acquisition) 3 of 7
State (Nebraska) 1 of 1
Country (United States) 3 of 8
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-08 Cimtronics Midwest

Brillion, Wisconsin, United States

Cimtronics Midwest, Inc. is a provider of 3D design and manufacturing reseller networks for SOLIDWORKS, CAMWorks, 3D Printers from HP, Markforged, UnionTech and Predator Shop Floor Systems. Cimtronics Midwest is based in Brillion, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-09 Quest Integration

Post Falls, Idaho, United States

Quest Integration is a provider of software, support, training, hardware and services. Quest Integration is based in Post Falls, Idaho.

Buy -
Mergr

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