Market Insights by SEG: Dassault Systemes Acquired Exa Corporation
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.
