Add-on Acquisition • Information Technology

Matthews International Acquires Pyramid Control Systems

On December 17, 2012, Matthews International acquired information technology company Pyramid Control Systems

Acquisition Context
  • This is Matthews International’s 1st transaction in the Information Technology sector.
  • This is Matthews International’s 5th transaction in the United States.
  • This is Matthews International’s 1st transaction in Ohio.

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M&A Deal Summary

Date December 17, 2012
Target Pyramid Control Systems
Sector Information Technology
Buyer(s) Matthews International
Deal Type Add-on Acquisition

Target Company

Pyramid Control Systems

Cincinnati,, Ohio, United States
Pyramid Control Systems, Inc. is a provider of warehouse control systems and conveyor control solutions for distribution centers.
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Buyer Overview 1

Buyer

Matthews International

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1850
Sector Diversified
Employees11,000
Revenue 1.8B USD (2024)
DESCRIPTION

Matthews International is a designer, manufacturer, and marketer principally of memorialization products and brand solutions. Memorialization products consist primarily of bronze and granite memorials and other memorialization products, caskets and cremation equipment for the cemetery and funeral home industries. Matthews International was founded in 1850 and is based in Pittsburgh, Pennsylvania.


Deal Context for Buyer #
Overall 8 of 17
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 8 of 17
State: Ohio 1 of 1
Country: United States 5 of 10
Year: 2012 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-19 Wetzel Holding AG

Münchenstein,, Switzerland

Wetzel Holding AG is a provider of pre-press services and gravure printing forms. Company s principally manufacturing operations in Germany and Poland.

Buy $55M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-17 Schawk

Des Plaines, Illinois, United States

Schawk, Inc.is a brand development, activation and deployment company that drives brand performance. By creating brands, helping sell brands, producing brand assets and protecting brand equities,Company helps clients to achieve higher brand performance.

Buy $577M