Asset Manager

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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...

FARO Technologies logo

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

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

Industrial TechRobotics & AutomationAI/MLSoftware

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).

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.

Profile maintained by 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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