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MLC CAD Systems Acquires EQUIVAQ SOFTWARE to Enhance Data Management Solutions and Service

Jan 16, 2024•almost 2 years ago

Acquiring Company

MLC CAD Systems

Acquired Company

EQUIVAQ SOFTWARE

AustinStillwaterSoftware DevelopmentIT Services and IT Consulting

Description

MLC CAD Systems, a leading value-added reseller for CAD, CAM, and 3D Printing solutions, has announced the acquisition of EQUIVAQ SOFTWARE, a prominent Product Data Management (PDM) add-on and consulting services provider. This strategic move is a significant step forward in MLC's commitment to expanding its services and enriching its offerings to serve its customers better.

Company Information

Company

MLC CAD Systems

Location

Austin, Texas, United States

About

MLC CAD Systems is a Value-Added-Reseller offering real-world, hands-on expertise in implementing the full suite of MASTERCAM and SOLIDWORKS software products, Markforged 3D printing technologies, and Formlabs 3D printing. In addition, MLC CAD Systems provides MASTERCAM and SOLIDWORKS training and support, 3D printer support and repair, and installation services. MLC CAD Systems has over 40 years of experience serving the industrial, medical, scientific, consumer, educational, technology, and transportation industries.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed