Announced
Financials
Tags
Germany
design workflow technology
Pending
Majority
Private
Friendly
Acquisition
Software
Single Bidder
Cross Border
Private Equity
Synopsis
TA Associates-backed Chaos, a provider of photorealistic rendering technology, agreed to merge with LEA Partners-backed Enscape, a developer of real-time rendering and design workflow technology. Financial terms were not disclosed. "We have been impressed by the growth, high-quality product offerings and loyal customer base of both Chaos and Enscape. Together, we believe the company can build on its strong momentum to create a global leader in the 3D visualization and design workflow space. In partnership with LEA, we are excited to invest in the company’s future by deepening product capabilities and growing the breadth of offerings and geography," Stefan Dandl, TA Principal.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.