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Announced

Completed

Autodesk completed the acquisition of Spacemaker for $240m.

Financials

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Transaction Value£181m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Norway

Cross Border

Single Bidder

Software

Majority

software development

Acquisition

Friendly

Private

Completed

Private Equity

Disposal

Synopsis

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Autodesk, a supplier of PC software and multimedia tools, completed the acquisition of Spacemaker, a Norwegian firm whose software is used by architects to create and evaluate buildings or urban developments, from private equity firms Northzone Ventures, Atomico, and Round Hill, for $240m. "Four years ago, we set out on a mission to help design, engineering and project teams reinvent the development of more sustainable cities and neighborhoods worldwide while maximizing the investment. Autodesk shares our goal to create a healthier planet for everyone and is uniquely positioned to more rapidly place our product in the hands of planning teams everywhere. This is a proud milestone for our team and those who supported us from the start," Havard Haukeland, Spacemaker CEO and Co-Founder.

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