M&A Deal Summary

Tech Soft 3D Acquires Theorem Solutions

On June 4, 2024, Tech Soft 3D acquired software company Theorem Solutions

Acquisition Highlights
  • This is Tech Soft 3D’s 3rd transaction in the Software sector.
  • This is Tech Soft 3D’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2024-06-04
Target Theorem Solutions
Sector Software
Buyer(s) Tech Soft 3D
Deal Type Add-on Acquisition

Target

Theorem Solutions

Staffordshire, United Kingdom
Theorem Solutions enables engineering and manufacturing companies to extend the use of their 3D design data in the latest innovative and emerging technologies. Theorem provides specialist tools for CAD Translation, Interactive Documentation (3D PDF) and Full Scale Immersive XR Visualization and Collaboration (Augmented, Mixed and Virtual Reality), to meet the needs of engineering today and for the future. Theorem Solutions was formed in 1991 and is headquartered in Staffordshire, England.

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Buyer(S) 1

Buyer

Tech Soft 3D

Bend, Oregon, United States

Category Company
Founded 1996
Sector Software
DESCRIPTION

Tech Soft 3D is a global provider of development tools that help software teams deliver successful applications. The company’s toolkit products power nearly 500 unique applications running on hundreds of millions of computers worldwide. Tech Soft 3D was founded in 1996 and is based in Bend, Oregon.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 Actify SpinFire

Detroit, Michigan, United States

Actify SpinFire is a CAD viewer and collaboration tool supporting more than 20 standard CAD formats for 3D and 2D viewing, measuring, and markup capabilities for companywide departments including project managers, development, engineers, procurement, sales, supply chain and quality assurance teams.

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