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Fort Capital Partners is pleased to announce that SolidCAD, a subsidiary of Cansel Group, has entered into an agreement to be acquired by Symetri, an Addnode Group (ANOD-B.ST) company.
Founded in 1996 and headquartered in Richmond Hill, Ontario, SolidCAD is Canada’s largest Autodesk Platinum Partner and a Sapphire Partner to Bluebeam, supporting more than 6,000 clients innovating, collaborating and accelerating their digital transformation. With this acquisition, Symetri now serves over 30,000 clients worldwide.
Symetri is part of Addnode Group, an internationally recognized leader in digital transformation, whose B shares are listed on the Nasdaq Stockholm. Through this acquisition, SolidCAD joins Symetri’s global network of over 1,000 employees in 30 offices across Europe, the United States and Brazil, serving more than 25,000 customers. This transaction marks Symetri’s entry into the Canadian market.
Says Marcus Tateishi, President, SolidCAD: “Joining Symetri and Addnode Group is a tremendous step forward for SolidCAD. Our clients will benefit from an expanded set of solutions and global expertise, while our team gains new opportunities to innovate and grow. We remain dedicated to delivering the best possible service and support.”
The transaction is subject to asset transfer consents and is expected to close by the end of October.
Fort Capital acted as financial advisor to Cansel Group and SolidCAD on this transaction.