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 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.

Search 199,847 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Veralto

Waltham, Massachusetts, United States
Category Company
Sector Information Technology
Revenue 5.0B USD (2023)
DESCRIPTION

Veralto provides essential technology solutions with a track record of solving some of the most complex challenges worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. The PQI segment offers inline printing solutions for products and packaging with marking and coding systems. Veralto is based in Waltham, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal