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.
Stakeholders in this Transaction
- 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)
- Cadpoint: Founders (Michael Jourdan, Kirsty Jourdan)
- Legal: Clifton Ingram (Joel Molloy)