Caterpillar launches $1.1bn play for RPMGlobal
Summary
Caterpillar entered a six-week exclusivity period to explore buying RPMGlobal, a mining software company. The proposed deal values RPMGlobal at about $1.123 billion, or $5 per share, and represents a 32.6% premium to its last closing price. RPMGlobal said it had already run a structured sale process after receiving interest from strategic buyers and financial sponsors. The company also said it gave interested parties access to business materials and FY26 guidance during preliminary due diligence.
Classifications
industries
Energy & Natural Resources
applications
ERP & Process Management
AskAI Classifications
Labels
Mining Software
SaaS
Simulation Software
Linked Companies
RPMGlobal
$10M to $25M