M&A Deal Summary

Hexagon Acquires HARD-LINE

On July 12, 2023, Hexagon acquired technology hardware company HARD-LINE

Acquisition Highlights
  • This is Hexagon’s 9th transaction in the Technology Hardware sector.
  • This is Hexagon’s 5th transaction in Canada.
  • This is Hexagon’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2023-07-12
Target HARD-LINE
Sector Technology Hardware
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target

HARD-LINE

Dowling, Ontario, Canada
HARD-LINE specializes in remote control solutions and related network infrastructure, enabling the tele-remote operation of heavy machinery from a secure control station on the surface or underground, regardless of distance. HARD-LINE is based in Dowling, Ontario.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Hexagon

Stockholm, Sweden
Category Company
Founded 1975
Sector Information Technology
Employees24,091
Revenue 5.4B EUR (2023)
DESCRIPTION

Hexagon is a provider of integrated design, measurement and visualisation technologies. Hexagon was founded in 1975 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 78 of 82
Sector (Technology Hardware) 9 of 11
Type (Add-on Acquisition) 73 of 77
State (Ontario) 2 of 2
Country (Canada) 5 of 5
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-12 Projectmates

Richardson, Texas, United States

Projectmates is a SaaS-based, focused, enterprise construction project management software provider. Projectmates' configurable and centralised platform enables owners to keep all working documents and projects within a construction program up to date and in one place – from the planning stages through closeout and handover to the facilities management team. Projectmates was founded in 1997 and is based in Richardson, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-04 Itus Digital

Roanoke, Virginia, United States

Itus Digital is a provider of asset performance management (APM) software. The company provides SaaS-based innovative solutions that help optimize the performance of industrial assets. Its APM platform manages the entire asset strategy and digital twin lifecycle to identify and prioritize asset risk exposure, safeguard assets against known failure modes, monitor asset condition and performance, and take timely measures when risks increase or threats emerge. Itus Digital is based in Roanoke, Virginia.

Buy -
Mergr

Product

Company

Legal