Clearwater advises AV-Tech Group on the sale of Abvent to Graphisoft

Transaction

AV-Tech Group sold Abvent to Graphisoft

Sell-side

Undisclosed

Role

Adviser to AV-Tech Group on the sale of Abvent to Graphisoft

Sector

Tech & Tech Services
Business Services

Region

France & Belgium

We have advised AV-Tech Group on the sale of Abvent, a distributor for France and French-speaking Switzerland, to Graphisoft.

Graphisoft, headquartered in Budapest, Hungary, is part of the planning and design division of the Nemetschek Group, designing software solutions in the Architecture, Engineering, and Construction (AEC) industry. Its portfolio includes Archicad, the architects’ BIM software of choice, offering a complete end-to-end design and documentation workflow for architectural and integrated architectural and engineering practices of any size.

AV-Tech Group is a leading provider of innovative BIM software solutions for the AEC industry. Abvent, AV-Tech Group’s main subsidiary, has been Graphisoft’s distributor in France since 1985 and in French-speaking Switzerland since 1991, offering award-winning software solutions and high-quality support and training to thousands of architects. The non-Graphisoft businesses from Abvent, including Artlantis a famous rendering software and BIMoffice a collaborative software dedicated to AEC project management, will be moved into a separate legal entity.

Graphisoft has signed a SPA with AV-Tech Group to acquire Abvent.