DDA & Company advises GRAITEC again, an international BIM (Buiding Information Modelling), Fabrication and Design software developer for AEC (Architecture, Engineering & Construction), in its international development in Southern Europe.

Operating through 35 offices across 11 countries worldwide, and backed by private equity fund Isatis Capital since 2015, GRAITEC enlarges its footprint in Southern Europe through the bolt-on acquisition of 2ACAD, which operates offices in Spain and Portugal.

After Opentree (United Kingdom), Arma Plus (France), Procad (Canada), Total CAD (United States), HPC (France), Robobat (Poland), Microcad (United Kingdom), Integer (United Kingdom), Civil Design (Canada), 2ACAD acquisition is the 10th external growth operation advised by DDA & Company for GRAITEC, and the 2nd since the beginning of 2019.

The 2ACAD acquisition, biggest Autodesk Spanish VAR, strongly reinforces the position of GRAITEC in Europe, where the company is already operating (with branches in the United Kingdom, France, Germany, Italy, Czech Republic, Slovakia, Poland and Romania) as (1) an Autodesk Platinum Partner; (2) a developer and reseller of several world standard software solutions in the Structural Analysis and Fabrication Management space with Advance Design, Advance BIM Designers, Advance Workshop and Arma+ software; and (3) as a service provider and research & development partner for engineering offices and manufacturers.

2ACAD brings with them a team of BIM experts as well as over 35 years of presence and customer commitment on the Spanish and Portuguese markets (10 offices). Now with the full support of a major international group, 2ACAD will gain an extended capacity to deliver a new range of exclusive professional services around BIM.

Francis Guillemard, GRAITEC President comments: “We look forward to welcoming 2ACAD customers to the GRAITEC family and helping them meet today’s industry challenges supported by a strong base of GRAITEC technology. The 2ACAD acquisition builds on our existing European presence and adds an increased depth of experience, while demonstrating our commitment to growth and the delivery of world class solutions, services and support to our expanding customer base.”

The DDA & Company team, composed by Alexandre Odin and Clément Darcourt, advised GRAITEC in this operation.

About DDA & Company

Founded in 1995, DDA & Company, LLC is an independent corporate finance advisory boutique, based in the USA and in France with a strong presence in Europe, advising French and international firms in acquisitions, sales, fund raisings, and fairness opinions. DDA & Co’s expertise covers the whole spectrum of strategy and financial engineering.

Overview of DDA & Company:

  • Over 120 closed deals in the past 10 years
  • A specialization in deal sizes ranging from €5M to €100M
  • Founding member of the Alliance of International Corporate Advisors, a network comprised of over 50 corporate finance advisors in 40 countries and 5 continents

About Graitec

Founded in 1986, GRAITEC is an international group helping construction and manufacturing professionals achieving successfully 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.

Operating through 35 offices across 11 countries worldwide, GRAITEC offers its clients an extensive range of established software solutions combined with the full portfolio of Autodesk products which help address the most demanding project needs and maximizing productivity, efficiency and performance. GRAITEC is an innovation focused company whose products are used by more than 60,000 construction professionals worldwide.

About 2ACAD

The company 2ACAD started in 2008 from the merge of ADA Computer and ApliCAD, two leading companies in graphic software with more than 35 years of experience in the sector. In 2013 it became part of the ADA Group.

Operating through 10 offices in Spain and Portugal, 2ACAD offers to their customers, increased productivity through the implementation and development of global and integrated graphics solutions, based mainly on the complete portfolio of the manufacturer Autodesk, for continuous improvement and competitiveness through personalized attention. 2ACAD helps its customers successfully achieve their business challenge through innovative solutions and services.

2ACAD is accredited by Autodesk in the sectors of Architecture, Engineering and Construction, Manufacturing and Multimedia.

Buy-side Parties & Advisors

  • Management: Francis Guillemard, Manuel Liedot, Steve Houlder, Isabelle Bouyenval (GRAITEC)
  • M&A Advisory: Alexandre Odin, Clément Darcourt (DDA & Company)
  • Legal Advisory & Financial Audit: Jeff Singer, Luiz Izquierdo, Miguel Rullan, Mar Estrach (Ilv Silver)

Sell-side Parties & Advisors

  • Sellers: ADA Computer
  • Manager: Javier Beltran (2ACAD)
  • M&A & Legal Advisory: Jorge Rada (Nexco)