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Current Portfolio

Zemax

The leading global provider of optical and illumination design software.

Zemax enables its customers to more efficiently and accurately design optical components through its physics-based optimization and design software.

Key Facts
Sector

TMT

Country

United States

Fund

EQT Mid Market US

Entry

2018

Exit

2021

Website

Wolt

About Zemax

Founded in 1990, Zemax helps companies achieve a qualified design more efficiently by streamlining the workflow and communication between optical and mechanical engineers. Zemax Virtual Prototyping tools include OpticStudio®, the industry-leading optical design software, and LensMechanix®, a unique application that allows mechanical engineers to package optical systems in CAD software. Zemax allows its customers to improve optical performance, get to market faster and reduce both production and development costs. Zemax’s software is used to develop a range of products including space telescopes, augmented reality glasses, LIDAR in autonomous vehicles, smartphone cameras and biomedical imaging devices.

Market trends and drivers

Zemax has a track record of strong organic revenue growth benefiting from favorable secular market growth trends combined with the Company’s market leadership position, strong brand awareness and industry-leading ease of use. Zemax benefits from increased use cases for lighter, smaller and flatter precision devices as well as well-funded areas of innovation such as virtual reality and autonomous vehicles that drive secular market growth.

Investment potential

Under EQT’s ownership, Zemax will continue to grow and improve as a leading provider of optical engineering software. EQT’s value creation plan for Zemax is focused on go-to-market optimization, driving sales execution and continued product enhancement.

Board of directors

Chairperson

Todd DeLaughter

Board member

Walid Abu-Hadba


Board member

Arvindh Kumar


Board member

Peter Schmitt


Board member

Jennifer Lynn Dearman

Management

CEO

Swaminathan Subbiah


CFO

Jeff deCillia

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