M&A Deal Summary

Hexagon Acquires Innovatia Accelerator

On April 4, 2022, Hexagon acquired internet software and services company Innovatia Accelerator

Acquisition Highlights
  • This is Hexagon’s 4th transaction in the Internet Software and Services sector.
  • This is Hexagon’s 4th transaction in Canada.
  • This is Hexagon’s 1st transaction in New Brunswick.

M&A Deal Summary
Date 2022-04-04
Target Innovatia Accelerator
Sector Internet Software and Services
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target

Innovatia Accelerator

Saint John, New Brunswick, Canada
Innovatia Accelerator is a developer of SaaS-based digitalization solutions that transform operations and modernise fieldwork in the manufacturing and process industries. Innovatia Accelerator is based in Saint John, New Brunswick.

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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 73 of 82
Sector (Internet Software and Services) 4 of 4
Type (Add-on Acquisition) 68 of 77
State (New Brunswick) 1 of 1
Country (Canada) 4 of 5
Year (2022) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-25 ETQ

Burlington, Massachusetts, United States

ETQ is a provider of SaaS-based QMS (quality management system), EHS (environment, health and safety) and compliance management software. ETQ was founded in 1992 and is based in Burlington, Massachusetts.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-01 iConstruct

Applecross, Australia

iConstruct is a provider of Building Information Modelling (BIM) software used in commercial, infrastructure, and industrial construction. iConstruct was founded in 2009 and is based in Applecross, Australia.

Buy -
Mergr

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