M&A Deal Summary

Materialise Acquires Meridian Technique

On October 21, 2014, Materialise acquired business services company Meridian Technique from Foresight Private Equity for 8M GBP

Acquisition Highlights
  • This is Materialise’s 1st transaction in the Business Services sector.
  • This is Materialise’s 0th largest (disclosed) transaction.
  • This is Materialise’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2014-10-21
Target Meridian Technique
Sector Business Services
Buyer(s) Materialise
Sellers(s) Foresight Private Equity
Deal Type Add-on Acquisition
Deal Value 8M GBP

Target

Meridian Technique

Hampshire, United Kingdom
Meridian Technique Ltd. is a provider of 2D digital pre-operative planning and templating solutions for orthopedic surgeons.

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Buyer(S) 1

Buyer

Materialise

Leuven, Belgium
Category Company
Founded 1990
Sector Software
Employees2,437
Revenue 256M EUR (2023)
DESCRIPTION

Materialise is a provider of software and 3D printing services. Materialise was founded in 1990 and is based in Leuven, Belgium.

DEAL STATS #
Overall 2 of 6
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 6
Country (United Kingdom) 1 of 1
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-05 e-Prototypy SA

Wroclaw, Poland

e-Prototypy SA is a provider of rapid prototypes and 3D Printing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-12 CENAT BVBA

Kortrijk, Belgium

CENAT BVBA is a developer of embedded computing software and solutions for additive manufacturing control systems for an upfront cash payment and earn-out payments should the deal go as planned, and Materialise says the deal was done to add new software solutions for quality control to its platform.

Buy -

Seller(S) 1

SELLER

Foresight Private Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 600M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Foresight Group LLP (Formerly VCF Partners)

DEAL STATS #
Overall 12 of 42
Sector (Business Services) 2 of 8
Type (Add-on Acquisition) 6 of 25
Country (United Kingdom) 11 of 41
Year (2014) 2 of 2
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Ixaris

London, United Kingdom

Ixaris operates the Entropay brand of VISA and MasterCard virtual prepaid credit cards, providing an instant, global solution for making and receiving online payments. Ixaris's innovative Open platform is used by organizations in the affiliate/performance marketing, travel, market research, and financial services industries to build custom applications to meet payment needs. Ixaris was founded in 2000 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-08 AppInstitute

Nottingham, United Kingdom

AppInstitute is a Software-as-a-Service (SaaS) provider that offers a solution stack to enable its SME customers to create and manage affordable Smartphone Apps (iOS and Android), with no tech skills or coding. AppInstitute was founded in 2011 and is based in Nottingham, United Kingdom.

Buy -
Mergr

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