M&A Deal Summary

Sandvik Acquires Mastercam

On August 25, 2021, Sandvik acquired software company Mastercam

Acquisition Highlights
  • This is Sandvik’s 3rd transaction in the Software sector.
  • This is Sandvik’s 16th transaction in the United States.
  • This is Sandvik’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2021-08-25
Target Mastercam
Sector Software
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

Mastercam

Tolland, Connecticut, United States
Mastercam is a provider of CAD/CAM software solutions for manufacturing industries. Mastercam was founded in 1983 and is based in Tolland, Connecticut.

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Buyer(S) 1

Buyer

Sandvik

Stockholm, Sweden

Category Company
Founded 1862
Sector Engineering
Employees41,400
Revenue 122.9B SEK (2024)
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 31 of 62
Sector: Software M&A 3 of 16
Type: Add-on Acquisition M&A Deals 26 of 55
State: Connecticut M&A 1 of 1
Country: United States M&A 16 of 29
Year: 2021 M&A 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Chuzhou Yongpu Carbide Tools

Chuzhou, China

Chuzhou Yongpu Carbide Tools is a premium solid round tools company that offers covering blanks, cutting tools, reconditioning and coating services. Chuzhou Yongpu Carbide Tools is headquartered in Chuzhou, China, and has around 500 employees.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Accuratech

Zug, Switzerland

Accuratech is a niched medical wire forming and component manufacturer. The product offering includes ultra-fine wires and micro-tubes, semi-finished wire components, electroplating and other products and services mainly used for the medical industry. Accuratech is based in Zug, Switzerland.

Buy -