M&A Deal Summary

Sandvik Acquires Dimensional Control Systems

On December 29, 2021, Sandvik acquired software company Dimensional Control Systems

Acquisition Highlights
  • This is Sandvik’s 6th transaction in the Software sector.
  • This is Sandvik’s 18th transaction in the United States.
  • This is Sandvik’s 3rd transaction in Michigan.

M&A Deal Summary
Date 2021-12-29
Target Dimensional Control Systems
Sector Software
Buyer(s) Sandvik
Deal Type Add-on Acquisition

Target

Dimensional Control Systems

Troy, Michigan, United States
Dimensional Control Systems is a global provider of dimensional quality management software and on-site engineering services. DCS's software solutions include CAD simulation tools, enabling customers to improve and validate their component design and metrology measurement plan - resulting in reduced scrap, rework, downtime and non-conformance issues. The company is a trusted partner of many major OEM's and other manufacturers world-wide. It has more than 400 software customers in automotive, aerospace, high-tech electronics, medical devices and industrial machinery manufacturing - with 10,000 licenses in total. Dimensional Control Systems was formed in 1995 and is based in Troy, Michigan.

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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 37 of 55
Sector (Software) 6 of 10
Type (Add-on Acquisition) 32 of 49
State (Michigan) 3 of 3
Country (United States) 18 of 23
Year (2021) 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-02 Deswik

Brisbane, Australia

Deswik is a provider of mine planning software. The Company also offers a range of consultancy services, including mine planning, scoping, software implementation and training support. Deswik was established in 2008 and headquartered in Brisbane, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-09 SP Mining

Australia

SP Mining is a global provider of high-capacity screening solutions, highly complementary to Sandvik's offering, and with a strong aftermarket business which includes application support, screen refurbishment, product engineering design and manufacturing and digital support services. Main R&D and production sites are located in Australia, with additional production units in South Africa, Brazil and China.

Buy -
Mergr

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