Reynolds Advisory Partners acts as exclusive financial advisor to Microdesk in connection with its sale to Symetri, a subsidiary of the Addnode Group

LOS ANGELES–(BUSINESS WIRE)–Reynolds Advisory Partners, LLC (“RAP” or “Reynolds”) acted as exclusive financial advisor to Microdesk, Inc. (“Microdesk”) of Nashua, New Hampshire, on its sale to Symetri, a part from the Addnode group from Stockholm, Sweden. The transaction closed on March 1, 2022 and was publicly announced on the same date.

Microdesk is a leading software consultancy for building information modeling (BIM), enterprise asset management (EAM), and virtual design and construction (VDC). Using software from industry leaders such as Autodesk and IBM and its own proprietary software tools, Microdesk’s team of industry experts redefines project delivery and asset management. Microdesk is headquartered in Nashua, New Hampshire, with offices nationwide and in London, UK.

Symetri is a leading European provider of digital BIM, product design and lifecycle solutions. Symetri is an Autodesk Platinum Partner and an Autodesk Premier Service Provider. Symetri is part of Addnode Group, a publicly traded company based in Stockholm, Sweden, with net sales of $440 million and approximately 1,900 employees. The combination of Microdesk and Symetri has created the world’s #1 Autodesk solutions provider.

Michael DeLacey, co-founder and CEO of Microdesk, commented: “We very much appreciate the efforts of Reynolds Advisory Partners, and in particular Brian MacLeod, who was with us from start to finish when we found the right partner. ideal transaction partner in Symetri/Addnode and completed a successful M&A transaction. We are grateful to have been able to benefit from the expert and dedicated assistance of Brian, who was essential in achieving our objectives for the transaction. We are delighted to have joined forces with Symetri/Addnode, and we thank Brian for his important role in the transaction.

Brian MacLeod, Managing Director of RAP, said, “We are delighted to have helped Microdesk achieve a successful outcome from this merger and acquisition process. The combination of Microdesk and Symetri is highly synergistic and will benefit customers and other stakeholders of both companies, and indeed benefit the entire AEC industry as the industry strives to meet the challenges of strong long-term demand for new buildings and infrastructure designed, built and operated in an efficient and sustainable manner.

Mr. MacLeod added, “The Microdesk/Symetri transaction is representative of our company’s experience in providing M&A advisory services to technology and IT service providers in the AEC (Architecture, Engineering and construction) and BIM (building information modeling), as well as to software/SaaS providers and IT services companies in other vertical markets. We have extensive M&A advisory experience in these areas.

About Microdesk

Microdesk, headquartered in Nashua, New Hampshire, is a software consulting firm for building information modeling (BIM), enterprise asset management (EAM), and virtual design and construction (VDC) . Microdesk is dedicated to helping design, construction, and operations teams improve workflows and integrate BIM, VDC, and EAM technologies. Using software from industry leaders such as Autodesk and IBM, combined with its vision and passion to sustainably meet the demands of urbanization, Microdesk’s team of experts is redefining project delivery and management. actives.

About Symetri

Symetri, part of Addnode Group, is a leading European provider of digital BIM, product design and lifecycle solutions and has a team of 450 people and turnover for 2021 was $170 million. The company has more than 20 offices across Europe. Through a combination of its own intellectual property, the best technology from its partners and a full range of services, Symetri enables its customers to create sustainable designs, maximize efficiency and increase competitive advantage. with digital solutions. Symetri is an Autodesk Platinum Partner and an Autodesk Premier Service Provider. Symetri is part of Addnode Group, a publicly traded company based in Stockholm, Sweden, with net sales of $440 million and approximately 1,900 employees.

About Reynolds Advisory Partners, LLC

Reynolds Advisory Partners, LLC is an investment bank specializing in the “middle market”. RAP provides a full range of financial advisory services for mid-sized and growing companies, including mergers, acquisitions, divestitures, restructurings, and debt and equity issuance. RAP professionals also have extensive experience in advising independent/special committees of public and private companies of all sizes facing complex issues, including the valuation of related party transactions.

For more information, visit www.reynoldsap.com.