Hexagon AB, a leading provider of geospatial and industrial applications, has acquired MSC Software, a leading provider in computer-aided engineering (CAE). The $834 million dollar transaction strengthens Hexagon’s ability to connect the traditionally separate stages of design and production by integrating production floor data with simulation data to further improve a customer’s ability to reveal and correct design limitations and production problems prior to manufacturing. The 3.6x TTM revenue multiple was driven, in part, by MSC’s strong recurring revenue base and profit.
|Enterprise Value (m)||$834.0|
|TTM Seller Revenue (m)||$230.0|
|TTM Revenue Multiple||3.6x|
Seller Business Description
Hexagon AB is a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications.
Buyer Business Description
MSC Software is a leading provider of computer-aided engineering (CAE), including simulation software technology that enables engineers to validate and optimize their designs using virtual prototypes.
For more information, see Hexagon Press Release