At what enterprise value was GEOMAGIC SOFTWARE acquired in 2024?

During the acquisition of GEOMAGIC SOFTWARE by HEXAGON in 2024, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 13.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GEOMAGIC SOFTWARE when it was acquired by HEXAGON?

The exact EV/EBITDA multiple for GEOMAGIC SOFTWARE is available on mynth capital. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 13.0x. Join our community for free to access full valuation data and industry trends.

When was GEOMAGIC SOFTWARE acquired by HEXAGON?

GEOMAGIC SOFTWARE was acquired by HEXAGON in 2024.

What was the revenue of GEOMAGIC SOFTWARE at the time of the deal?

The revenue of GEOMAGIC SOFTWARE at the time of the deal is estimated to be in the range of 25M - 50M USD. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the GEOMAGIC SOFTWARE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the GEOMAGIC SOFTWARE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://hexagon.com/company/newsroom/press-releases/2024/hexagon-acquires-inspection-and-3d-modelling-software-capabilities-from-3d-systems

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Home Database TMT (Tech, Media, Telecom)GEOMAGIC SOFTWARE

12/2024

GEOMAGIC SOFTWARE

Acquired by

HEXAGON

UNITED STATES Software / Engineering & Design Software EV 100M - 350M USD

GEOMAGIC SOFTWARE acquired by HEXAGON

UNITED STATES Software / Engineering & Design Software EV 100M - 350M USD

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 LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (13.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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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.

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REFERENCES

Valuation range: EV 100M - 350M USD

Revenue range: 25M - 50M USD

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: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: geomagic software

Acquirer: hexagon