Hexagon Completes Acquisition of Cad Service
Deal News | Mar 14, 2025 | Legal Community Italy
Hexagon, a company specializing in precision technologies, robotics, and AI solutions, has acquired Cad Service, a developer of advanced visualization tools based in Parma. This acquisition allows Hexagon's Asset Lifecycle Intelligence division to fully integrate Cad Service's visualization capabilities into its product and service offerings. The legal firm Pavia e Ansaldo assisted Hexagon, providing expertise on M&A and corporate law through a team led by partner Achille Cali Marincola. Additionally, employment law aspects were handled by partner Enrico del Guerra. Pirola Pennuto Zei & Associati supported Cad Service shareholders with legal aspects during the sale process, with counsel Michele Fava leading the team accompanied by senior associate Vincenzo Cicoria and associate Maria Elena Bevilacqua. Cacciani Rinaldi & Associati in Parma, represented by partner Nicola Rinaldi, managed the accounting and tax aspects for Cad Service's shareholders.
Sectors
- Technology
- Legal Services
Geography
- Italy – The acquisition involves Italian firms, and law firms based in Italy played significant roles.
Industry
- Technology – The article focuses on companies involved in precision technologies, robotics, and advanced visualization tools.
- Legal Services – Law firms played a prominent role in facilitating the acquisition and addressing legal matters.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hexagon | Acquirer | Company | A company specializing in precision technologies, robotics, and AI solutions. |
| Cad Service | Target | Company | A developer of advanced visualization tools based in Parma. |
| Pavia e Ansaldo | Legal Advisor to Acquirer | Company | Provided legal advice on M&A and corporate law aspects of the acquisition. |
| Pirola Pennuto Zei & Associati | Legal Advisor to Vendor | Company | Assisted Cad Service shareholders with legal aspects during the sale. |
| Cacciani Rinaldi & Associati | Accounting and Tax Advisor to Vendor | Company | Handled accounting and tax aspects for Cad Service shareholders. |