Ardian acquires stake in Abvent

Founded in 1985 by three French architects, Abvent is the leading French provider of image and design software to architects. The Group has developed a proprietary offer combining 3D visualisation software and project management solutions via BIM (Building Information Modelling). It is also the exclusive distributor in France and French-speaking Switzerland of the industry standard design and project management system for architects, ArchiCAD.

Xavier Soule, CEO of Abvent, said: “Following the launch of our BIM offer and the acquisition of Ka-Ra, a software publisher specialising in 3D visualisation, we wish to continue this momentum alongside a partner that understands the dynamics of our market and our software.” 

Philippe Butty, co-founder, added: “For us, Ardian was the natural partner in light of its ability to provide tactical support and its keen understanding of the strategic challenges we face.”

Beyond using Ardian’s network and expertise in supporting growing companies, this partnership aims to help the Abvent management team achieve its goal of increasing market share in the BIM sector. The Group is one of the few players in this growing market to have succeeded in developing an offer that is compatible with all existing operating systems.

Alexis Saada, Managing Director at Ardian Growth, added: “We are delighted to be entering into this partnership with Abvent. Xavier and his team won us over with their agility and ambitious vision: we are committed to providing them with the necessary means to achieve it.” 

Bertrand Schapiro, Senior Investment Manager at Ardian Growth, added: “Abvent’s positioning enables us to consider a targeted external growth strategy to strengthen its offer that is already unique in its market.”