Torch Partners has acted as exclusive financial adviser to Bricsys on its sale to Hexagon AB.
Founded in 2002 and based in Ghent, Belgium, Bricsys is a fast-growing developer of CAD software and has been at the forefront of providing open, collaborative construction technology solutions.
Its CAD platform, BricsCAD, provides designers, engineers and BIM professionals powerful access to the huge potential of vertical CAD applications created by thousands of thrid-party developers.
The transaction adds to Torchs's strong track record in the Enterprise Software space.URL: Acquirer:
Enterprise Software / SaaSProduct