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M&A Deal Summary

RIB Software Acquires U.S. CAD

On September 3, 2019, RIB Software acquired software company U.S. CAD

Acquisition Highlights
  • This is RIB Software’s 2nd transaction in the Software sector.
  • This is RIB Software’s 1st transaction in the United States.
  • This is RIB Software’s 1st transaction in California.

M&A Deal Summary
Date 2019-09-03
Target U.S. CAD
Sector Software
Buyer(s) RIB Software
Deal Type Add-on Acquisition

Target

U.S. CAD

Irvine, California, United States
U.S. CAD is a provider of architecture, engineering, and construction (AEC) technology and consulting services. U.S. CAD is an Autodesk and Bluebeam Platinum Partner delivering BIM and AEC software, training, support, production and scanning services, and virtual and augmented reality solutions designed for organizations of all sizes for better project outcomes from conception through construction. U.S. CAD was founded in 1999 and is based in Irvine, California.

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Buyer(S) 1

Buyer

RIB Software

Stuttgart, Germany
Category Company
Founded 1961
Sector Software
Employees2,541
Revenue 255M EUR (2020)
DESCRIPTION

RIB Software is a provider of iTWO 5D BIM Big Data technology for the construction industry. RIB creates, develops, and offers iTWO³ – new thinking, new working method and new technology - for construction projects across various industries worldwide. RIB Software was founded in 1961 and is based in Stuttgart, Germany.

DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 SaaSplaza B.V.

Badhoevedorp, Netherlands

SaaSplaza B.V. is a cloud provider of Microsoft Azure and dynamics services. SaaSplaza consult, design, transform and manage enterprise-grade cloud infrastructure for business-critical applications on Microsoft Cloud. SaaSplaza B.V. was founded in 2008 and is based in Badhoevedorp, Netherlands.

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