ctc software has been acquired by symetri, a subsidiary of addnode group
Lakeside Partners (“Lakeside”), a leading boutique investment bank specializing in M&A advisory services, acted as the exclusive advisor for CTC Software (“CTC”) when it was sold to Addnode Group. CTC Software is a worldwide leader in building information modeling (BIM) technologies and software services. CTC is a member of the Autodesk Developer Network and has been making add-ins available for Revit and Civil 3D since 2010. Its software development services help companies maximize productivity with custom applications and tools.
Saeid Berenjian, Founder and CEO of CTC Software said, “I am beyond grateful to Taylor, Matt, and the entire Lakeside Partners team for their exceptional guidance and expertise throughout the entire transaction process. Their strategic insight, professionalism, and unwavering dedication to finding the right partner were key to achieving this milestone. I highly encourage anyone who is interested in selling their business to hire Lakeside!”
This transaction bolsters Lakeside’s growing technology expertise, particularly in the SaaS space. Managing Partner, Taylor Hanson commented, “We are proud to have represented CTC in this process and are very excited about their next phase of growth that they now are entering together with Addnode Group.”
Founded in 1997, and based in Bloomington, MN, CTC Software’s tools have more than 40,000 users, such as architects, engineers, and construction (AEC) professionals. Its flagship products, including BIM Project Suite and CIM Manager Suite, are widely used to automate repetitive tasks, ensure data consistency, and optimize model health. In addition, the Nexus Suite is a content management system for BIM data allowing teams to easily organize, search, and distribute content and other project assets, enhancing collaboration across distributed teams.
About Lakeside Partners
Lakeside Partners, which has offices in Minneapolis, MN and Seattle, WA, provides M&A advisory services to privately-held businesses. The firm has extensive expertise serving businesses across multiple industry verticals including business services, industrial distribution, transportation & logistics, niche manufacturing, consumer products, food & beverage, and technology, among many others.
About CTC Software
CTC Software is an industry-leading company that provides software tools for building information modeling (BIM) and civil design technologies. Their tools are designed to help professionals in architecture, engineering, and construction streamline their processes and increase productivity.
For more information about our firm or this transaction, please contact:
Taylor Hanson
Partner
thanson@lakesidepartners.com
651.357.4633
Matt Holcomb
Head of Business Development
mholcomb@lakesidepartners.com
952.239.4297