Keensight Capital Invests in Geodesial
Paris – Paul Hastings LLP, a leading global law firm, announced today that it has advised Keensight Capital in connection with the LBO of Geodesial group.
Keensight Capital replaces CAPZA as majority stakeholder of Geodesial group, a leading developer and distributor of CAD (Computer-Aided Design) and CAE (Computer-Aided Engineering) software for infrastructure.
With offices in Hungary and Canada, Geodesial group is a leading developer of CAD and CAE software for infrastructure in France. Since 2017 and the arrival of David Le Roux and CAPZA as stakeholders, Geodesial group has experienced a strong and steady double-digit annual growth.
Today, Geodesial group has developed a loyal customer base of 6,000 clients including public agencies, geomatics and civil engineering companies. Undisputed leader, Geodesial group is strategically well positioned in the AEC (Architecture, Engineering & Construction) software market, a sector with a demonstrated solid growth of 11% over the past four years.
Keensight Capital will support the company’s organic growth as well as develop an active build-up strategy, especially in new geographies.
The Paul Hastings team was composed of corporate partners
McDermott Will & Emery (partners Henri Pieyre de Mandiargues and Carole Degonse with associate Claire Barra) advised the sellers and the management team of Geodesial group.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.