M&A Deal Summary

Veralto Acquires TraceGains

On October 7, 2024, Veralto acquired software company TraceGains for 350M USD

Acquisition Highlights
  • This is Veralto’s 1st transaction in the Software sector.
  • This is Veralto’s 2nd largest (disclosed) transaction.
  • This is Veralto’s 1st transaction in the United States.
  • This is Veralto’s 1st transaction in Colorado.

M&A Deal Summary

Date 2024-10-07
Target TraceGains
Sector Software
Buyer(s) Veralto
Deal Type Add-on Acquisition
Deal Value 350M USD

Target

TraceGains

Broomfield, Colorado, United States
TraceGains provides cloud-based software solutions that enable connected data and digital workflow management to help consumer brands meet increasingly stringent compliance and reporting regulations for food and beverage safety and traceability. Its solutions enable consumer brands to efficiently track ingredient inputs, monitor supplier quality, and develop new products with greater safety and increased velocity. TraceGains was founded in 2008 and is based in Broomfield, Colorado.

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Buyer(S) 1

Buyer

Veralto

Waltham, Massachusetts, United States

Category Company
Sector Test/Measurement Equipment
Employees17,000
Revenue 5.2B USD (2024)
DESCRIPTION

Veralto is a global technology company that delivers solutions in two main areas: Water Quality (including instrumentation, treatment and purification) and Product Quality & Innovation (including packaging, coding, traceability of goods). Veralto is headquartered in Waltham, Massachusetts.


DEAL STATS #
Overall 1 of 3
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
State: Colorado M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2024 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-17 Aquafides

Schörfling am Attersee, Austria

Aquafides designs, manufactures, and supports UV treatment systems that meet the stringent requirements for drinking water, treat wastewater for reuse, and provide water for a variety of industrial applications, including food and beverage, and pharmaceuticals. Aquafides is based in Schörfling am Attersee, Austria.

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