M&A Deal Summary

International TechneGroup Acquires MechWorks s.r.l.

On February 20, 2018, International TechneGroup acquired information technology company MechWorks s.r.l.

Acquisition Highlights
  • This is International TechneGroup’s 2nd transaction in the Information Technology sector.
  • This is International TechneGroup’s 1st transaction in Italy.

M&A Deal Summary

Date 2018-02-20
Target MechWorks s.r.l.
Sector Information Technology
Buyer(s) International TechneGroup
Deal Type Add-on Acquisition

Target

MechWorks s.r.l.

Bologna, Italy
MechWorks s.r.l. is a product data management vendor. MechWorks was founded in 1998 and is based in Bologna, Italy.

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Buyer(S) 1

Buyer

International TechneGroup

Milford, Ohio, United States

Category Company
Founded 1983
Sector Information Technology
DESCRIPTION

International TechneGroup, Inc. is a provider of reliable interoperability, validation and migration solutions for product data and related systems. International TechneGroup was founded in 1983 and is based in Milford, Ohio.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-03 Glacier Technologies

El Paso, Texas, United States

Glacier Technologies LLC is specialized in furnishing services that fall within four broad functional areas: Contact Centers, Information Technology, Special Operations and Ranges, and Test and Evaluation.

Buy -