Add-on Acquisition • Software

TriMech Solutions Acquires Javelin Technologies

On May 5, 2021, TriMech Solutions acquired software company Javelin Technologies from CAI Capital Partners

Acquisition Context
  • This is TriMech Solutions’ 2nd transaction in the Software sector.
  • This is TriMech Solutions’ 1st transaction in Canada.
  • This is TriMech Solutions’ 1st transaction in Ontario.

Explore All 10284 Add-on Acquisition Software Deals - Search the Database Free


M&A Deal Summary

Date May 5, 2021
Target Javelin Technologies
Sector Software
Buyer(s) TriMech Solutions
Sellers(s) CAI Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Fort Capital Partners (Financial)
Blake, Cassels & Graydon (Legal)

Target Company

Javelin Technologies

Oakville, Ontario, Canada
Javelin Technologies is a provider of 3D design software and support services. Javelin Technologies was founded in 1997 and is based in Oakville, Ontario.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

TriMech Solutions

Glen Allen, Virginia, United States

Category Company
Founded 1998
Sector Software
DESCRIPTION

TriMech Solutions is a provider of computer-aided design and engineering software, additive and subtractive manufacturing solutions, and associated training, consulting, implementation, and staff augmentation services to customers across a variety of industries. TriMech Solutions was founded in 1998 and is based in Glen Allen, Virginia.


Deal Context for Buyer #
Overall 2 of 8
Sector: Software 2 of 6
Type: Add-on Acquisition 1 of 5
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2021 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 Computer Aided Products

Peabody, Massachusetts, United States

Computer Aided Products, Inc. (CAPINC) has provided New England companies premier solutions including SOLIDWORKS design software and Stratasys 3D printers & 3D production systems. CAPINC’s award-winning technical support team is comprised of industry experts with hundreds of years of combined practical experience in mechanical design, design validation and analysis, product data management, and technical communication.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-04 Adaptive

Hudson, Ohio, United States

Adaptive is a Digital to Physical Product Lifecycle Company that helps streamline business processes, reduce costs and improve efficiencies for customers who need to bring new products to market. Adaptive was founded in 2006 and is based in Hudson, Ohio.

Buy -

Seller Profile 1

SELLER

CAI Capital Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.6B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

CAI Capital Partners is a private equity firm that targets lower middle-market, profitable companies with $3 million or more of EBITDA. CAI Capital Partners has a special interest in founder-led business services or specialty manufacturing companies. CAI Capital Partners was formed in 1989 and is based in Vancouver, British Columbia.


Deal Context for Seller #
Overall 20 of 22
Sector: Software 1 of 1
Type: Add-on Acquisition 12 of 14
State: Ontario 6 of 6
Country: Canada 10 of 11
Year: 2021 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-30 CMT Technical Services

West Valley, Utah, United States

CMT Technical Services is a provider of civil and geotechnical engineering services including land surveying, construction material testing and inspection as well as other ancillary services. CMT Technical Services was founded in 1978 and is based in West Valley, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-27 Feeney Utility

Dorchester, Massachusetts, United States

Feeney Utility Services Group leverages the resources and strength of the largest natural gas utility service provider in the Northeast and the Mid-Atlantic United States to deliver safe and quality turn-key services to the utility industry. Feeney Utility Services Group was formed in 1988 and is based in Dorchester, Massachusetts.

Sell -