M&A Deal Summary

Sandvik Acquires Barefoot CNC

On March 5, 2025, Sandvik acquired software company Barefoot CNC

Acquisition Highlights
  • This is Sandvik’s 14th transaction in the Software sector.
  • This is Sandvik’s 27th transaction in the United States.
  • This is Sandvik’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2025-03-05
Target Barefoot CNC
Sector Software
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

Barefoot CNC

Morganton, North Carolina, United States
Barefoot CNC provides professional service, comprehensive instruction, and CAD-based Mastercam​ software solutions to the machining industry. Barefoot CNC is based in Morganton, North Carolina.

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Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden

Category Company
Founded 1862
Sector Engineering
Employees40,344
Revenue 126.5B SEK (2023)
DESCRIPTION

Sandvik operates as a global engineering company. Sandvik is a high-technology and global industrial group that produces products and services that enhance customer productivity, profitability and safety. Sandvik was founded in 1862 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 59 of 60
Sector (Software) 14 of 15
Type (Add-on Acquisition) 52 of 53
State (North Carolina) 2 of 2
Country (United States) 27 of 28
Year (2025) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-03 ShopWare

Elgin, Illinois, United States

ShopWare is a software development company that specializes in CAD/CAM, CNC programming, and manufacturing processes. ShopWare was founded in 1992 and is based in Elgin, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-10 Verisurf

Anaheim, California, United States

Verisurf provides 3D metrology software, consulting, training, and CMMs for automated inspection, reverse engineering, and tool building. Verisurf is based in Anaheim, California.

Buy -