M&A Deal Summary

Scantron Acquires Castle Worldwide

On June 20, 2018, Scantron acquired test/measurement equipment company Castle Worldwide

Acquisition Highlights
  • This is Scantron’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Scantron’s 4th transaction in the United States.
  • This is Scantron’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2018-06-20
Target Castle Worldwide
Sector Test/Measurement Equipment
Buyer(s) Scantron
Deal Type Add-on Acquisition
Advisor(s) Tyton Partners (Financial)

Target

Castle Worldwide

Morrisville, North Carolina, United States
Castle Worldwide, Inc. is an accomplished full-service licensure and certification testing company. Castle Worldwide, Inc. was founded in 1987 and is based in Morrisville, North Carolina.

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Buyer(S) 1

Buyer

Scantron

Eagan, Minnesota, United States
Category Company
Founded 1972
Sector Software
DESCRIPTION
Scantron's corporate headquarters in Eagan, Minnesota.
Scantron's corporate headquarters in Eagan, Minnesota.

Scantron is a technology and services-driven company that empowers growth through intelligent, mission-critical assessment, technology, and data capture solutions for business, education, certification, and government clients around the world. Scantron was founded in 1972 and is based in Eagan, Minnesota.

DEAL STATS #
Overall 4 of 8
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 4 of 8
State (North Carolina) 1 of 1
Country (United States) 4 of 8
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-18 WRK Systems

Omaha, Nebraska, United States

WRK Systems, Inc. is a technology services provider that designs, manages and supports IT infrastructure, in addition to implementing and managing cost effective cloud computing solutions. WRK Systems is based in Omaha, Nebraska.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-29 IT Nexus

Dallas, Texas, United States

IT Nexus, Inc. is a service-oriented company concentrating on providing software solutions for the petroleum, utility, and local government industries. Our mission is to connect people with the right information and tools in a collaborative environment so that accurate analyses may be performed, smart decisions can be made, and effective actions are taken. IT Nexus can provide your organization with services that address each step in the system development life-cycle.

Buy -
Mergr

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Company

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