Caterpillar acquires mining software firm RPMGlobal
Australian firm valued at $1.1B
Caterpillar has agreed to acquire RPMGlobal Holdings, an Australian-based mining software company.
Caterpillar will acquire RPMGlobal for $5 per share in cash, a 32.6% premium over its previous closing price of $3.77, valuing the company at about $1.1 billion, according to RPMGlobal’s release today. The deal, unanimously supported by RPM’s board, remains subject to shareholder, regulatory and court approvals, as well as other customary conditions, with the transaction expected to close in the first quarter of 2026.
Caterpillar continues to expand its technology offerings in resource industries, according to an Oct. 12 Caterpillar release. Headquartered in Brisbane, Queensland, RPMGlobal has provided data-driven mining software since 1977.
Adding RPMGlobal will strengthen Caterpillar’s capabilities in asset management, fleet management and autonomy while enhancing mine-site operations for customers, according to the release. J.P. Morgan Securities is serving as Caterpillar’s financial adviser.
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