Graphisoft announced that it has signed a Sale and Purchase Agreement with AV-Tech Group to acquire Abvent's Archicad business units in France and French-speaking Switzerland.
Abvent has been Graphisoft's distributor in France since 1985 and in French-speaking Switzerland since 1991 and has built successful businesses in both countries, offering software solutions, support and training to thousands of architects.
What company leaders are saying
"Abvent has built an impressive business based on local market knowledge and deep relationships with users by offering outstanding service and support," says Huw Roberts, Graphisoft CEO. "This acquisition strengthens our position in these already highly successful French-speaking markets by integrating Abvent's many years of deep local experience with Graphisoft's global go-to-market expertise and best practices to add even more value for architects in the region."
"This is exciting news for both companies," says Xavier Soule, AV-Tech Group CEO. "We are proud of the work we have done in France and Switzerland to grow the use of BIM and are confident that our customers will greatly benefit from Graphisoft's hands-on approach to support, services, and long-term vision and mission in the AEC industry."
About the deal
The deal is expected to close in the next several weeks when Abvent's Archicad business units, including market relationships, employees, and assets, will become part of Graphisoft. The non-Archicad Abvent businesses will be moved into a separate legal entity. Artlantis, BIMoffice, Linkioo, and Render are not part of the transaction, and these software solutions will continue uninterrupted from AV-Tech.
"Graphisoft is committed to delivering the highest quality solutions, services, and support for all our customers worldwide. This acquisition will enable us to deliver on our commitment to our French-speaking customers and best serve these important markets in the future," Roberts says.
