About This Deal

3M Company acquired LeanTec (technology assets), a transaction completed in April 2022, structured as Asset acquisition (terms not disclosed).

LeanTec (technology assets) operates in Safety & Industrial (Automotive Aftermarket), is based in United States / Canada. LeanTec is a provider of digital inventory-management solutions for the automotive aftermarket in the U.S. and Canada. 3M acquired its technology assets to advance its 'connected bodyshop' platform, complementing 3M RepairStack Performance Solutions with greater data integration and business insight for body-shop owners.

Advances 3M's connected-bodyshop digital platform and RepairStack solution with new data integration.

Deal Terms

Acquirer
3M Company
Target
LeanTec (technology assets)
Value
Not disclosed
Date
April 2022
Type
Acquisition
Status
Official-source - no SEC filing

Transaction Details

Target HQ
United States / Canada
Segment
Safety & Industrial (Automotive Aftermarket)
Structure
Asset acquisition (terms not disclosed)
Announced
April 25, 2022
Closed
April 25, 2022

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.