Graitec, an international developer of IP software for BIM modeling, Fabrication and Design for AEC, and Autodesk® Platinum Partner across Europe, Canada and in the USA for AEC and MFG sectors has made a major acquisition in the USA. This transaction signifies GRAITEC’s advancement toward global leadership and solution provision in the AEC and MFG space, closely integrating with the Autodesk ecosystem.
Operating in nearly 50 offices in 13 countries, and backed by Seven2 since early 2020, Graitec continues its relentless targeted acquisitions strategy by strengthening its IP portfolio and expanding its footprint in North America. The acquisition of Ideate Software assets, a renowned player in the AEC and owner-software industry, is the 23rd transaction advised by DDA & Company for Graitec.
Launched in 2011 within Ideate Inc., Ideate Software is a software vendor developing a range of plugin tools for Revit. With Ideate Software plugins, companies streamline Revit data management processes, control, and enhance data accuracy, and improve the health of their models.
With about 20 employees in the United States and the United-Kingdom, Ideate Software helps its clients save time, reduce likelihood of human errors, and ensures the assurance of consistent and predictable project outcomes.
As one of the largest partners of Autodesk worldwide, GRAITEC brings extensive expertise and resources to the table. With over 150 staff dedicated to research and development, GRAITEC is poised to capitalize on synergies with Ideate Software, with enhanced offerings and global expansion.
Manuel Liedot, CEO of Graitec: “We are dedicated to enhancing Ideate Software’s value proposition through focused efforts and energy.”
Bob Palioca, president, CEO, and founder of Ideate Software: “Through their unwavering commitment to exceeding customer expectations, Ideate Software has earned recognition for delivering reliable products. Access to the vast resources at GRAITEC combined with a similar focus on customer service creates opportunities to assist more Revit users in enhancing their project deliverables efficiently.”
Alexandre Odin, Partner of DDA&Company: “We are delighted to have, once again, supported GRAITEC in this transaction which further bolsters GRAITEC’s IP portfolio and offers significant cross-sell opportunities across GRAITEC’s installed base ”