Dassault Systemes, a provider of project life cycle management solutions, acquired Exa Corporation, a global innovator in simulation software for product engineering, for $381.9M (5.3x EV/Rev). The acquisition will strengthen Dassault’s simulation portfolio, particularly expanding Dassault’s 3DEXPERIENCE platform to provide fluid simulation technologies, fully industrialized solutions and experienced simulation professionals.
Brief Transaction Details:
|Total Transaction Value (m)||$404.3|
|Enterprise Value (mm)||$385.90|
|TTM Seller Revenue (m)||$72.70|
|TTM Seller EBITDA (m)||$1.50|
|TTM Revenue Multiple||5.3x|
|TTM EBITDA Multiple||260.9x|
Seller Business Description:
EXA Corporation develops, sells, and supports simulation software and services primarily for vehicle manufacturers worldwide. HQ: Burlington, MA.
Buyer Business Description:
Dassault Systemes develops and markets 3D and product life cycle management solutions. HQ: Providence, RI. See Press Release.