Lexmark International, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Lexmark International, Inc. - overview
Established
1991
Location
Lexington, KY, US
Primary Industry
Hardware
About
Lexmark International, Inc. is a US-based company specializing in advanced imaging solutions and document management technologies, serving various sectors with innovative printing products and services. Lexmark International, Inc. was founded in 1991 in Lexington, US.
The company focuses on advanced printing solutions and document management. The CEO is Allen Waugerman. In December 2024, Xerox Corporation agreed to acquire Lexmark from Ninestar Corporation, PAG, and Shanghai Shouda Investment Centre for USD 1. 5 billion, further indicating strategic growth through this acquisition.
Lexmark has been involved in two significant deals, with the most recent occurring in late 2024, and has raised a total amount of USD 1. 5 billion. Lexmark International, Inc. specializes in providing advanced imaging solutions, technologies, and services designed to enhance document management across various sectors.
Their product offerings include versatile printers and multifunction devices capable of high-volume printing, catering to businesses ranging from small enterprises to large corporations. Lexmark's flagship products are engineered for workgroups printing between 2,500 to over 10,000 pages monthly. The company also offers specialized solutions in banking, healthcare, education, and retail, focusing on smart, connected devices leveraging IoT technology. Their products are primarily marketed in North America, Europe, and Asia-Pacific.
In 2015, Lexmark International, Inc. reported a revenue of USD 3,551,200 mn and an EBITDA of USD 278,400 mn, generated through direct sales and managed services in the printing and document management sectors. The company engages in B2B transactions, providing its extensive line of printers and all-in-one devices directly to businesses, alongside ongoing subscriptions for cloud services and software solutions like the Lexmark Cloud Solution Center. Looking ahead, Lexmark International, Inc.
plans to leverage its recent acquisition by Xerox Corporation to strengthen its presence in the A4 color print market and expand its global reach. The company aims to enhance its product offerings and introduce new innovations in document management solutions. The USD 1. 5 billion from the acquisition will be utilized to support these growth initiatives and further develop smart, connected solutions that meet the evolving needs of clients across various industries.
Current Investors
Legend Capital, PAG, Zhuhai Apex Microelectronics Co., Ltd.
Primary Industry
Hardware
Sub Industries
Computer & Related Peripherals, Analytics & Performance Software, Application Integration Software, Content Management Software
Website
www.lexmark.com
Verticals
Cloud Computing, Manufacturing
Total Amount Raised
Subscriber access only
Lexmark International, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Lexmark International, Inc. | - | ||||||||
| Corporate Carve Out, Secondary Buyout | Completed | Tungsten Automation | - | ||||||||
| Public to Private | Completed | Lexmark International, Inc. | - | ||||||||
| Trade Sale | Completed | Kofax hardware business | - | ||||||||
| Trade Sale | Completed | Brainware | - |
Displaying 1 - 5 of 5
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.