Context
Geodesial is specialized in the development and distribution of CAD (Computer-Aided Design) and CAE (Computer-Aided Engineering) software solutions for infrastructure professionals.
With 80 employees and four offices in France, Hungary and Canada, the company has built a leading position in its markets, notably 70% market share in France.
Leveraging 30-years of investment in the space, the company has successfully developed a loyal customer base (churn below 5%) of 6,000 clients including public agencies geomatics and civil engineering companies, as well as students and schools, representing over 34,000 users.
Geodesial was looking for a new financial partner to further fuel a trajectory of double-digit growth, expand its international footprint through a combination of organic investments and an active build-up strategy.
About Geodesial
Created following the merger of Geomensura and Geomedia in March 2012 Geodesial is the leading French publisher of topography, infrastructure and civil engineering software. Founded in 1993, Geomedia develops and offers topography and cartography software packages. The company’s products are used in infrastructure and public works that require computer-aided design programs. Geomensura, founded in 1996, offers computer-aided design and drawing software package for the creation and calculation of road infrastructure projects.
About Keensight
Keensight Capital, one of the leading European Growth Buyout firms, is committed to supporting entrepreneurs as they implement their growth strategies. For 20 years, Keensight Capital’s team of seasoned professionals has leveraged their knowledge of investment and growth industries to invest for the long term in profitable companies with high growth potential and revenues in the range of €15 million to €250 million. Drawing on its expertise in the IT and Healthcare sectors, Keensight identifies the best investment opportunities in Europe and works closely with management teams to develop and achieve their strategic vision.
Deal Team
Should you want to know more about this transaction, you can contact one of the team members above
Bryan, Garnier & Co acts as Sole Financial Advisor to Keensight Capital on its majority investment in Geodesial
Bryan, Garnier & Co assisted Keensight in approaching the target, organising the due diligence, providing sector and process intelligence and supporting on terms negotiation.
Geodesial chose Keensight as the right partner for the company owing to its international network, IT expertise and 20-years track record supporting growth companies.
This is another landmark transaction for Bryan, Garnier & Co’s Engineering Software practice, following transactions for Materialise, Missler Software, Metrologic or Autoform.
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