Dr. John Curran

Money Moves

Selling stake as part of the Hexagon transaction

Hexagon AB agreed on October 9 to buy Rocscience, a Toronto maker of geotechnical engineering software, for $535 million. The seller is TA Associates together with Rocscience's founders and management. The price is about 10 times expected 2026 revenue of just under $50 million, and closing is due in the fourth quarter of 2026.

Updated Oct 29