The amount of the deal was not disclosed.
Founded in 1985 and led by Xavier Soule, CEO, Abvent provides image and design software to architects. The group has developed a proprietary offer combining 3D visualization software and project management solutions via BIM (Building Information Modelling). It is also the exclusive distributor in France and French-speaking Switzerland of ArchiCAD, the industry standard design and project management system for architects.
Its offering includes software and services for architects and construction professionals (ARCHICAD, ClimaBIM, Rhino 3D, BIMoffice), and in the imaging segment (Twinmotion, Artlantis, iVIsit360, RenderIn).
Abvent has several subsidiaries (Switzerland, the US, Luxembourg, Hungary) and has a network of distributors in 80 countries.
The company intends to use the proceeds from the investment to strengthen its offer and increase its market share in the BIM sector.