M&A Deal Summary

TriMech Solutions Acquires MACDAC Engineering - Mastercam Businesses

On January 6, 2022, TriMech Solutions acquired software company MACDAC Engineering - Mastercam Businesses from MACDAC

Acquisition Highlights
  • This is TriMech Solutions’ 5th transaction in the Software sector.
  • This is TriMech Solutions’ 6th transaction in the United States.
  • This is TriMech Solutions’ 2nd transaction in Connecticut.

M&A Deal Summary

Date 2022-01-06
Target MACDAC Engineering - Mastercam Businesses
Sector Software
Buyer(s) TriMech Solutions
Sellers(s) MACDAC
Deal Type Divestiture

Target

MACDAC Engineering - Mastercam Businesses

Somers, Connecticut, United States
MACDAC Engineering's Mastercam Businesses is a CAM software used globally in a variety of industries.

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Buyer(S) 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 STATS #
Overall 7 of 8
Sector (Software) 5 of 6
Type (Divestiture) 2 of 2
State (Connecticut) 2 of 2
Country (United States) 6 of 6
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Compumachine - Mastercam Businesses

Danvers, Massachusetts, United States

Compumachine's Mastercam Businesses is a CAM software used globally in a variety of industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-27 Solid Solutions Group

Warwickshire, United Kingdom

Solid Solutions Group is a provider of engineering software solutions like 3D CAD software, simulation software to test and validate design, draft sight 2D CAD, and SolidCAM. Solid Solutions Group was founded in 1998 and is based in Warwickshire, United Kingdom.

Buy -

Seller(S) 1

SELLER

MACDAC

Somers, Connecticut, United States

Category Company
Founded 1991
Sector Software
DESCRIPTION

MACDAC is a CAD/CAM software dealer, that offers training, support, and services for all Mastercam products. MACDAC was founded in 1991 and is based in Somers, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1