M&A Deal Summary

Veracio Acquires Minalyze

On September 19, 2023, Veracio acquired software company Minalyze for 29M USD

Acquisition Highlights
  • This is Veracio’s 1st transaction in the Software sector.
  • This is Veracio’s largest (disclosed) transaction.
  • This is Veracio’s 1st transaction in Sweden.

M&A Deal Summary
Date 2023-09-19
Target Minalyze
Sector Software
Buyer(s) Veracio
Deal Type Add-on Acquisition
Deal Value 29M USD

Target

Minalyze

Sävedalen, Sweden
Minalyze develops scanning instruments for core samples and software for the visualization of geological data. The company’s patented and unique scanner and cloud-based software for digitizing large volumes of drilling samples generate high-resolution and consistent data through fast, non-destructive collection of multiple datasets. Minalyze is based in Sävedalen, Sweden.

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Buyer(S) 1

Buyer

Veracio

West Valley City, Utah, United States
Category Company
Sector Information Technology
DESCRIPTION

Veracio offers mining clients a range of solutions that improve, automate, and digitally transform their orebody sciences in exploration, resource definition, and production. The company fuses science and technology together with digital accessibility by using advanced scanning, sensing with strong data governance, and the deployment of AI to accelerate real-time decision-making and significantly improve efficiency, profitability, and sustainability across the value chain. Veracio is based in West Valley City, Utah.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
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