DDA & Company advises Graitec in a new external growth transaction, with the acquisition of  the BIM provider Cadpoint (UK)

Graitec, an international BIM, Fabrication, and Design software developer for AEC, and Autodesk® Platinum Partner across Europe and Gold across Canada, USA and Russia, is delighted to announce the acquisition of Cadpoint.

Operating in nearly 50 offices across 13 countries, and backed by Apax Partners since early 2020, Graitec pursues its external growth strategy by strengthening its customer portfolio with the acquisition of Cadpoint, a U.K based company that provides Autodesk solutions for the AEC Industry to a broad range of clients located across the United Kingdom.

The acquisiton of Cadpoint is the 17th transaction advised by DDA & Company on behalf of Graitec, and the 1st external growth transaction since Apax Partners entered into its capital in early 2020.

This acquisition will further enhance the Graitec position in one of its key markets in Europe, UK, where it operates as (i) an Autodesk Platinum partner ; (ii) a structural analysis and manufacturing software solutions publisher and reseller with Advance Design, Advance BIM Designers, Advance Workshop and Arma+ ; (iii) a service provider and R&D partner for design offices and manufacturers.

Manuel Liedot, Graitec CEO comments: “With this acquisition we invest further into one of the key BIM markets in Europe. This is in line with our acquisition strategy that aims at expanding Graitec’s customer base and product offering to complement our Create – Simulate – Fabricate – Manage strategy of an end to end solution for the Construction sector, covering Architects, Engineers and Construction companies.”

Mike Jourdan, Cadpoint Managing Director comments: “By joining Graitec, our customers will further benefit from being owned by a company with a long history in design & collaboration. The Graitec team has the skills and expertise to enable Cadpoint customers to have access to a wider range of BIM Tools and consultancy.”

Alexandre Odin, Founding Partner at DDA & Company entrusts: “We are pleased to contribute to the further development of Graitec after Apax Partners has entered into its capital. This transaction is a precursor to a series of build-ups as part of the group’s active growth strategy.”

DDA & Company advised Graitec in this transaction with a team consisting of Alexandre Odin and Thomas Glasgow.

 

Graitec

Founded in 1986, Graitec is an international group helping construction and manufacturing professionals to successfully achieve their digital transformation by providing BIM and Industry 4.0 software and consultancy.

Graitec is a developer of high-performance BIM applications as well as an Autodesk® Platinum Partner in Europe and Gold Autodesk Partner in North America and Russia.

With more than 550 employees including 200 BIM consultants, Graitec is an innovation focused company whose products are used by more than 100,000 construction professionals worldwide.

 

Cadpoint

Founded in 1993, and located in Crowthorne in the south of England, Cadpoint is a software and hardware reseller specialized in BIM and building CAD. As an Autodesk Gold Reseller, Cadpoint builds, integrates and consults on all Autodesk solutions, such as Revit, AutoCAD, 3DSMax, as well as third-party solutions such as Rhinoceros and SketchUp.

Well-known today for their extensive BIM (Building Information Modeling) expertise, they help architects, owners and engineers digitize their design processes.

 

Stakeholders in this Transaction

Acquirers

  • Graitec: Managers (Francis Guillemard, Manuel Liedot, Isabelle Bouyenval, Steve Houlder)
  • Financial partners: Apax Partners (Gilles Rigal, Thomas de Villeneuve)
  • M&A advisors: DDA & Company (Alexandre Odin, Thomas Glasgow)
  • Legal: Browne Jacobson (Richard Cox, Sian Harrison)

Sellers

  • Cadpoint: Founders (Michael Jourdan, Kirsty Jourdan)
  • Legal: Clifton Ingram (Joel Molloy)

 

 

 

DDA & Company advises Graitec in a new external growth transaction, with the acquisition of  Redcage (Canada)

This transaction enables the group to take a significant position in BIM software solution in Ontario.

The acquisiton of Redcage is the 18th transaction advised by DDA & Company on behalf of Graitec, and the 2nd external growth transaction since Apax Partners entered into its capital in early 2020.

The acquisition of Redcage, one of the major independent Autodesk VARs in Canada, allows Graitec to settle in Ontario, where the software publisher was not yet established, and strengthen the Group’s North American network (United States, Quebec) where it operates as (i) an Autodesk partner ; (ii) a publisher and reseller of structural analysis, manufacturing and document management software solutions with Advance Design, Advance BIM Designers, Advance Workshop, Arma+ and Opentree ; (iii) a service provider and R&D partner for design offices and manufacturers.

Manuel Liedot, Graitec CEO comments: “This Canadian region is the most economically prosperous. Embracing Redcage provides the group with a significant presence and customer base on which we will immediately deploy our commercial synergies and offer.”

Alexandre Odin, Founding Partner at DDA & Company states: “After more than 12 years of collaboration with the Group and 18 advised operations, we are once again very pleased to have supported Graitec in its new stage of development with the settlement in Ontario. This will enable the Group to expand its footprint in North America.”

DDA & Company advised Graitec in this transaction with a team consisting of Alexandre Odin and Clément Darcourt.

 

Redcage

Founded in 2013, and located in Mississauga (Toronto, Canada), Redcage is a value-added distributor of BIM solutions dedicated to AEC (Architecture, Engineering & Construction) and MFG (Manufacturing).

As a BIM integrator, Redcage offers a wide range of software solutions, mainly from Autodesk, as well as associated services: technical support, consulting and training.

Headed by Gino Barone and Kevin Degabriele, Redcage employs nearly 15 people in Ontario.

 

Stakeholders in this Transaction

Acquirers

  • Graitec: Managers (Francis Guillemard, Manuel Liedot, Isabelle Bouyenval, Steve Houlder)
  • Financial partners: Apax Partners (Gilles Rigal, Thomas de Villeneuve)
  • M&A advisors: DDA & Company (Alexandre Odin, Clément Darcourt)
  • Legal: Morency (Diane Bellavance, Mélanie Thuot)
  • Financial Due Diligence: Mazars (Philippe de Gaulle, Thibaut Roche)

Sellers

  • Redcage: Managers (Gino Barone, Kevin Degabriele, Anil Chauhan, Paul Bardati, William Wright)
  • Legal: Simmons da Silva (Bruce Duggan)
  • Public Accountant: RSCPA (Reshma Sharma)

 

 

DDA & Company advises Graitec in its external growth strategy, with the acquisition of Arktec (Spain)

Graitec, an international BIM, Fabrication, and Design software developer for AEC, and Autodesk® Platinum Partner across Europe and Gold across Canada, USA and Russia, is delighted to announce the acquisition of Arktec. This transaction enables the Group to consolidate its software solution portfolio.

Operating in nearly 50 offices across 13 countries, and backed by Apax Partners since early 2020, Graitec pursues its targeted acquisitions strategy by strengthening its portfolio of proprietary software products, particularly in structure calculations.

The acquisiton of Arktec is the 19th transaction advised by DDA & Company on behalf of Graitec, and the 3rd external growth transaction since Apax Partners entered into its capital in early 2020.

The acquisition of Arktec, a structural calculation software publisher, enables Graitec to (i) strengthen its presence in the Iberian Peninsula, where it had already established itself with the acquisition of 2ACAD (already advised by DDA) ; (ii) consolidate its structural calculation software offering and adapt it to Iberian and South American standards ; (iii) gain access to its first commercial platform in South America.

Manuel Liedot, Graitec CEO comments: “This transaction allows us to reach significant position in the Iberian market of BIM simulation and calculation solutions thanks to an ackknowledged historical editor. Arktec also brings a commercial presence in Portugal and South America that we intend to capitalize on.”

Alexandre Odin, Partner at DDA & Company reports: “After the subsequent acquisitions of Cadpoint (UK) and Redcage (Canada), we are delighted to have supported Graitec in the acquisition of a software publisher whose solutions will enhance the group’s product portfolio, while strengthening its presence in the Iberian peninsula.”

DDA & Company advised Graitec in this transaction with a team consisting of Alexandre Odin and Clément Darcourt.

 

Arktec

Founded in 1985 and headquartered in Madrid (Spain), Arktec is a software publisher specialized in AEC (Architecture, Engineering & Construction).

The Company develops and markets structural analysis and construction project management software to architects and engineering firms in Spain and Latin America.

Headed by Antonio Fernandez, Arktec employs nerly 15 people in 3 countries: Spain, Portugal and Mexico.

 

Stakeholders in this Transaction

Acquirers 

  • Graitec : Managers (Francis Guillemard, Manuel Liedot, Isabelle Bouyenval)
  • Financial partner: Apax Partners (Gilles Rigal, Thomas de Villeneuve)
  • M&A advisors : DDA & Company (Alexandre Odin, Clément Darcourt)
  • Legal: Ilv Silver (Luiz Izquierdo, Miguel Rullan, Mar Estrach, Patricia Ortiz)
  • Financial Due Diligence: Ilv Silver (Jeff Singer)

Sellers 

  • Arktec: Antonio Fernandez Gonzalez