M&A Deal Summary

Graitec Acquires Applied Software Technology

On March 14, 2022, Graitec acquired information technology company Applied Software Technology

Acquisition Highlights
  • This is Graitec’s 2nd transaction in the Information Technology sector.
  • This is Graitec’s 2nd transaction in the United States.
  • This is Graitec’s 1st transaction in Georgia.

M&A Deal Summary
Date 2022-03-14
Target Applied Software Technology
Sector Information Technology
Buyer(s) Graitec
Deal Type Add-on Acquisition

Target

Applied Software Technology

Atlanta, Georgia, United States
Applied Software Technology is a full-service professional services firm serving the AEC and manufacturing industries, as well as a leading Building Information Modeling (BIM) services provider. Applied Software Technology was founded in 1982 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Graitec

Bievres, France
Category Company
Founded 1986
Sector Software
Employees560
Revenue 143M EUR (2020)
DESCRIPTION

Graitec offers software solutions that meet the digitalization needs of the architecture, engineering, and construction industries through a portfolio of innovative products, both developed internally and by its historical partner Autodesk. Graitec was formed in 1986 and is based in Bievres, France.

DEAL STATS #
Overall 18 of 20
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 18 of 20
State (Georgia) 1 of 1
Country (United States) 2 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Strucsoft Solutions

Dorval, Quebec, Canada

Strucsoft Solutions is a software developer, dedicated to the prefab manufacturing and offsite construction sectors within the AEC industry. StrucSoft Solutions’ flagship product, MWF is built upon the Autodesk Revit® platform, automating the creation of both light gauge steel and wood panels, completing the link from design to manufacturing. Strucsoft Solutions was founded in 1994 and is based in Dorval, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-04 Ideate Software

California, United States

Ideate Software offers BIM plugins for Autodesk Revit software and a scripting solution that enables users to run time-intensive Revit tasks in the background. With Ideate Software plugins, companies streamline Revit data management processes, control and enhance data accuracy, and improve the health of their models. With Ideate Automation, manually run tasks can be run manually or scheduled to run at more convenient times. This saves time and reduces the chance of human errors, ensuring projects deliver consistent and predictable outcomes. Ideate Software is based in California.

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Mergr

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