GEOSLAM acquired by FARO TECHNOLOGIES
Context
This transaction brings together two complementary portfolios in the digital reality capture and spatial documentation industry. Incorporating handheld mobile scanning devices and proprietary SLAM algorithms bridges the operational gap between static terrestrial laser scanners, engineered for millimeter-grade accuracy, and high-speed 360-degree imaging tools. This hardware convergence enables customers across surveying, mining, and construction sectors to balance data capture speed, mobility, and spatial resolution within challenging indoor and outdoor environments. Beyond physical instrumentation, the addition strengthens the acquirer's cloud-based SaaS ecosystem by feeding diverse 4D point-cloud data into a unified software environment dedicated to digital twin visualization and asset management. Geographically and commercially, the combination scales the adoption of mobile mapping technologies through established worldwide sales channels, expanding reach within building information modeling and infrastructure operations.
GEOSLAM, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
Founded in 2012 and headquartered in the United Kingdom, GeoSLAM is a developer of handheld 3D mobile mapping hardware and geospatial software. The company specializes in Simultaneous Localization and Mapping (SLAM) technology, enabling high-productivity 3D data capture in complex or enclosed environments where GPS signals are unavailable. Its product portfolio features portable LiDAR scanners and processing platforms designed for dynamic walk-and-scan workflows, eliminating the need for stationary tripods. These versatile devices can also be mounted onto drones, vehicles, and telescopic poles to inspect hazardous or inaccessible areas. GeoSLAM primarily serves the architecture, engineering, and construction (AEC) sectors, alongside surveying, mining, facility management, and digital twin modeling. By streamlining rapid spatial digitization, the company provides professionals with efficient tools to document built assets and natural topography.
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REFERENCES
Valuation range: EV 20M - 50M GBP
Revenue range: 5M - 25M GBP
EBITDA range: 0M - 5M GBP
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Acquirer: faro technologies