M&A Deal Summary

Siemens PLM Software Acquires Lightwork Design

On September 19, 2018, Siemens PLM Software acquired software company Lightwork Design from Mobeus Equity Partners

Acquisition Highlights
  • This is Siemens PLM Software’s 2nd transaction in the Software sector.
  • This is Siemens PLM Software’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-09-19
Target Lightwork Design
Sector Software
Buyer(s) Siemens PLM Software
Sellers(s) Mobeus Equity Partners
Deal Type Add-on Acquisition

Target

Lightwork Design

Sheffield, United Kingdom
Lightwork Design Ltd. is a provider of software for 3D visualisation technology and creative services to businesses worldwide. Lightwork Design Ltd. was founded in 1989 and is based in Sheffield, United Kingdom.

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Buyer(S) 1

Buyer

Siemens PLM Software

Plano, Texas, United States

Category Company
Sector Software
DESCRIPTION

Siemens PLM Software is a global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over 15 million licensed seats and more than 140,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter. For more information on Siemens PLM Software products and services.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-30 TASS International

Helmond, Netherlands

TASS International is a global provider of simulation software, plus engineering and test services aimed primarily at the automotive industry, and focused on autonomous driving, integrated safety, advanced driver assistance systems (ADAS), and tyre modeling. Based in Helmond, Netherlands.

Buy -

Seller(S) 1

SELLER

Mobeus Equity Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Mobeus Equity Partners is a generalist investor in UK-based companies. Mobeus looks to invest between £2 and £20 million in a variety of transaction situations. These include MBOs, secondary buyouts, debt financings, shareholder liquidity needs, and recapitalizations. Mobeus generally targets high growth, profitable (£1 to £5 million) businesses with sustainable competitive advantages. Mobeus is based in London.


DEAL STATS #
Overall 30 of 50
Sector: Software M&A 3 of 4
Type: Add-on Acquisition M&A Deals 17 of 27
Country: United Kingdom M&A 30 of 49
Year: 2018 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-10 Active Travel Group

London, United Kingdom

Active Travel Group specializes in tailor-made activity and adventure holidays, from skiing and cycling in Europe and North America, to hiking and sea kayaking in the Scottish Highlands. Active Travel Group is based in London, United Kingdom.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-08 Ventrica

Essex, United Kingdom

Ventrica is a provider intelligent, multilingual, and omnichannel outsourced customer service to a range of blue-chip clients, including UGG Australia, New Look, Jimmy Choo, McDonald’s, Mylan, Canon and Barratt Developments Plc. Ventrica was founded in 2010 and is based in Essex, United Kingdom.

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