Geomagic Software acquired by Hexagon
Context
Hexagon has entered into a definitive agreement to acquire the Geomagic software business from 3D Systems. This strategic carve-out allows 3D Systems to refocus on its core additive manufacturing hardware while enabling Hexagon to consolidate its lead in the 3D metrology and inspection market. The acquisition is highly synergistic, as Geomagic’s reverse engineering and CAD modeling tools perfectly complement Hexagon’s existing sensors and software portfolio. Financially, the deal is attractive as the target generates roughly $30 million in annual revenue with operating margins that are accretive to Hexagon’s existing Manufacturing Intelligence division. The transaction is subject to customary regulatory approvals and is expected to close in the second quarter of 2025.
Geomagic Software, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only].
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Target
Geomagic is a premier suite of interoperable software packages (including Design X, Control X, Freeform, and Wrap) specializing in the transformation of 3D scan data into high-quality digital models. Its business model focuses on "reverse engineering" and precision inspection, allowing manufacturers to build history-based parametric CAD models from physical objects. Originally integrated into 3D Systems in 2013, the suite has become a historical leader in automating the processing of point clouds for product design, quality control, and industrial lamination. With approximately 100 employees, Geomagic serves as a mission-critical bridge between physical metrology sensors and digital manufacturing workflows, enabling innovative product development at speed.
Ent. Value
$100–350M
Equity Value
[members only]
Multiples
EV / Revenue
2x–6x
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (USD)
Other operations with Hexagon
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2026 | HEXAGON | ROCSCIENCE | CANADA | Engineering & Design Software |
| 04/2026 | HEXAGON | WAYGATE TECHNOLOGIES | GERMANY | Instrumentation & Measurement |
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REFERENCES
Valuation range: EV $100–350M
Revenue range: $25–50M
EV/Revenue range: 2x - 6x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Geomagic Software by Hexagon are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: geomagic software
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