Tracked deals
4
4 tracked deals across 2021-2026.
Public Company
Industrial Services
Sandvik Group
Sweden
Sandvik is a global high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for manufacturing, mining and infrastructure industries, including equipment, tools, services and digital solutions. Sandvik also includes the Mastercam CAD/CAM business.
- Focus Areas
- Industrial engineering equipment and tools, Digital manufacturing solutions, Manufacturing software (Mastercam CAD/CAM)
- Website
- home.sandvik
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
3 buyout · 1 addon
Sandvik Group Acquisition Volume by Year
Last 3 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- Mastercam Canada, Mastercam (affiliate; part of Sandvik Group), Sandvik Group
- Target
- In-House Solutions
- Industry
- IT Services
- Location
- Ontario, Canada
- Type
- Buyout
Mastercam Canada, an affiliate of Mastercam and part of the Sandvik Group, completed the acquisition of its longtime channel partner In-House Solutions. In-House Solutions will operate as Mastercam Canada, transitioning from a partner model to direct operations to expand Mastercam’s Canadian market presence and improve regional support for manufacturers.
-
- Buyer
- Sandvik AB (Mastercam)
- Target
- Barefoot CNC, CAD/CAM Solutions, CamTech Engineering Services, CIMCO Group (probing and post processor business)
- Seller
- CIMCO Group
- Industry
- Software
- Location
- United States
- Type
- Buyout
Sandvik AB, via its Mastercam business unit, has acquired three US-based Mastercam channel partners — Barefoot CNC, CAD/CAM Solutions and CamTech Engineering Services — and the probing and post processor business lines from Denmark-based CIMCO Group. The deals strengthen Mastercam's regional presence across the U.S. Southeast and add CIMCO's probing and post-processor technology to Mastercam's product suite to expand digital manufacturing capabilities.
-
February 3, 2025
- Buyer
- Sandvik AB, Mastercam (business unit of Sandvik)
- Target
- MCAM Northwest, ShopWare, OptiPro Systems (CAD/CAM solutions business line)
- Seller
- OptiPro Systems, Brightside 09, Inc.
- Industry
- Software
- Location
- United States
- Type
- Addon
Sandvik (through its Mastercam business unit) has acquired three US-based Mastercam resellers: MCAM Northwest, ShopWare and the CAD/CAM solutions business line of OptiPro Systems (parent Brightside 09, Inc.). The deals add roughly 32 employees and about USD 10 million of combined 2024 revenue to Mastercam, strengthening regional presence and support capabilities across the US; the purchase price was not disclosed.
-
December 29, 2021
- Buyer
- Sandvik AB
- Target
- Dimensional Control Systems (DCS)
- Industry
- Industrial Services
- Location
- Michigan, United States
- Type
- Buyout
Sandvik AB has acquired US-based Dimensional Control Systems (DCS), a provider of dimensional quality management software and on-site engineering services, to strengthen its industrial metrology and digital manufacturing offering. DCS, headquartered in Troy, Michigan, will be reported within Sandvik's Industrial Metrology division and brings ~70 employees, 10,000 software licenses, and a software-heavy revenue mix (65% software, ~40% recurring).
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