Investment firm to acquire Gerber Scientific

22/06/2011
Apparel industry technology provider Gerber Scientific is to be acquired by investment firm Vector Capital Corporation.

Gerber said the deal was worth approximately $281.8 million in total.

A partner at Vector, Amish Mehta, said: “We are very excited to partner with Gerber Scientific’s talented team to continue to grow their leading technology business. The business that Gerber Scientific’s team has built, coupled with its great product offerings, makes it an ideal fit for our portfolio of cutting edge technology companies. We believe our support, combined with Gerber Scientific’s product strategy, employee talent and strong customer relationships will enable Gerber Scientific to further define itself as a leading player in the apparel and industrial market segment.”