SigmaTEK Systems, LLC

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.

SigmaTEK Systems, LLC - overview

Established

1993

Location

Cincinnati, OH, US

Primary Industry

Software

About

SigmaTEK Systems, LLC specializes in providing advanced CAD/CAM software solutions to streamline manufacturing processes, focusing on optimization through effective nesting and numerical control capabilities. Founded in 1993 and headquartered in Cincinnati, US, SigmaTEK Systems, LLC develops software solutions for the manufacturing industry. In November 2020, SigmaTEK, Cimatron Ltd, and Gibbs and Associates merged to form Cambrio, expanding their market presence. The company has completed two notable deals since its inception.


SigmaNEST, the core offering of SigmaTEK, is a CAD/CAM software suite tailored for the manufacturing sector. It enhances fabrication efficiency through optimized nesting and NC capabilities. The software manages workflows, production scheduling, part tracking, and quality control, catering to diverse materials and processes, including sheet, coil, and tube cutting. SigmaNEST is widely utilized across over 40,000 installations globally, serving clients in metal fabrication, automotive, and aerospace industries, particularly in North America, Europe, and Asia-Pacific.


SigmaTEK operates on a subscription-based revenue model for its software solutions, allowing businesses to access continuous updates and support through annual or multi-year agreements. The pricing is structured to accommodate various business sizes, with provisions for individual users and larger enterprises. Transactions primarily occur between SigmaTEK and its B2B clients, such as manufacturers and fabricators who depend on their software for enhanced production efficiency. The merger in November 2020 is key to SigmaTEK's strategy for future growth, enabling the combined entity to enhance its global market presence.


As part of this strategy, the company aims to explore new product offerings and expand into international markets, further strengthening its operational capabilities. The rationale behind the merger, which includes SigmaTEK, is to leverage synergies to bolster market penetration.


Current Investors

Primary Industry

Software

Sub Industries

Engineering Software

Website

www.sigmanest.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

SigmaTEK Systems, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerCompletedCimatron Ltd., Gibbs and Associates, SigmaTEK Systems, LLC-
BuyoutCompletedSigmaTEK Systems, LLC-

Displaying 1 - 2 of 2

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.