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  5. Style3D Acquires Assyst

M&A Deal Summary

Style3D Acquires Assyst

On January 11, 2023, Style3D acquired information technology company Assyst

Acquisition Highlights
  • This is Style3D’s 1st transaction in the Information Technology sector.
  • This is Style3D’s 1st transaction in Germany.

M&A Deal Summary
Date 2023-01-11
Target Assyst
Sector Information Technology
Buyer(s) Style3D
Deal Type Add-on Acquisition

Target

Assyst

Munich, Germany
Assyst is a provider of fashion technology in Germany, Austria, and Switzerland and is a key partner for digitization in the apparel industry. With an end-to-end approach and integrated systems for 3D, CAD, marker-making and order optimization, Assyst links development and production and helps to develop, produce and market apparel competitively and successfully. Assyst is based in Munich, Germany.

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Buyer(S) 1

Buyer

Style3D

Hangzhou, China
Category Company
Founded 2015
Sector Software
DESCRIPTION

Style3D is a digital solution provider in the global fashion industry. Style3D has built a digital fashion infrastructure by utilizing its Original Simulation Engine as the base technology, industrial-level software and 3D design integration and collaboration platform. Style3D was founded in 2015 and is based in Hangzhou, China.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2023 M&A 1 of 1
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