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FARO Technologies
FARO Technologies, led by Michael D. Burger, is a publicly traded 3D measurement and imaging company with cumulative revenue over $3.5B since 1981.
FARO Technologies
ARAS 360 Technologies was founded for one purpose. To bring the most advanced technology to the forensic investigation industry in order to make the lives of the professional who use forensic investigation software easier.
General information
Firm type
Asset Manager
Year founded
1981
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Lake Mary
Corporate office
Lake Mary, FL, United States
Additional offices
Exton, PA · Houston, TX · Munich, Germany · Stuttgart, Germany · Tokyo, Japan · Shanghai, China
Principals
Michael D. Burger
President and Chief Executive Officer
Keith L. Evans
Chief Financial Officer
John R. (Jack) Schott
Executive Chairman
Sector focus
Frequently asked questions
Who runs investment decisions at FARO Technologies?
As a publicly traded company, FARO Technologies is run by its executive management team led by President and CEO Michael D. Burger, with strategic oversight from the board chaired by John R. (Jack) Schott. Major capital allocation decisions — such as acquisitions or R&D spending — are subject to approval by the board of directors.
How does FARO Technologies source proprietary deal flow?
FARO does not function as an investment firm; it is a manufacturing and software company. Its growth strategy primarily involves internal product development and selective acquisitions. Notable transactions include the 2017 purchase of HoloBuilder, a construction documentation SaaS firm, and the 2021 acquisition of GeoSLAM, a mobile mapping technology provider (per public filings).
Is FARO Technologies structured as a single family office or does it operate more like a venture firm?
Neither. FARO Technologies is a publicly listed corporation (NASDAQ: FARO) with a market capitalization of approximately $500 million as of mid-2025. It does not manage outside capital or operate as a family office. Founder-related wealth is diversified through public stock holdings.
Does FARO Technologies participate in fund commitments or only direct deals?
As a public company, FARO does not make commitment investments in external funds. Its M&A history shows a preference for direct acquisitions of smaller technology firms, typically bolt-on deals that add software or sensor capabilities to its existing suite.
What investment stages does FARO Technologies typically target?
FARO's acquisition targets are generally mature technology companies with proven products and recurring revenue streams. Deals have historically been in the $10M–$100M range, acquiring firms that provide incremental software integration or sensor innovation rather than early-stage speculation.
Which sectors does FARO Technologies explicitly avoid?
FARO's filing documents do not list exclusions per se, but the company has never expressed interest in biotech, financial services, or energy exploration. Its stated focus remains strictly within 3D metrology, construction technology, and public safety imaging.
Does FARO Technologies maintain philanthropic structures, and how are they separated?
Yes, FARO operates the FARO Cares Foundation, a 501(c)(3) nonprofit launched in 2021. The foundation is funded through a separate charitable budget allocation from the company's annual profits and is run independently by a board of employee volunteers. It focuses on STEM education grants and disaster-response technology donations.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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