GRAITEC Group News

GRAITEC Group News






09/30/2005

GRAITEC announced the closure of a round of financing for a total amount of 4,5 millions of euros


Bièvres, 24th of September - GRAITEC, an international software developer of CAD and calculation solutions for Structural Engineering and Construction, announced today the closure of a round of financing for a total amount of 4,5 millions of euros.
CDC Enterprises Innovation drove this operation in which Crédit Agricole Private Equity and BNP Paribas Private Equity participated. These investors join the capital funds managed by SGAM Alternative Investments, Sofimac and Soficatra, shareholders since May 2000. This new levee of fund will allow GRAITEC to strengthen its position as European market leader in the CAD for construction engineering. This financing will be used mainly for technological development of the industry reference software « Advance » and to accelerate commercial development and external growth plans.


About CDC Entreprises Innovation
CDC-ENTREPRISES Innovation is the securities branch of CDC-ENTREPRISES Group centered mainly on societies with strong perspective of growth based on technological innovation. CDC-ENTREPRISES Innovation manages more that 425 millions euros. Its privileged investment sectors are information technologies, communications, semiconductors and life sciences.

About Crédit Agricole Private Equity
Crédit Agricole Private Equity is the Crédit Agricole S.A. branch dedicated to direct investment in unlisted enterprises.
35 specialized professionals in 4 sectors (Capital Development & Transmission, Capital Risk, Secondary Market, Mezzanine) manage 1,2 billions euros in the form of FCPR, FCPI and SCR. Crédit Agricole Private Equity supports company managers in their growth projects.

About BNP Paribas Private Equity
BNP Private Equity is a BNP Paribas branch. BNP Paribas Private Equity has been involved in the development of unlisted companies for many years. BNP Paribas Private Equity has 38 professionals that manage 12 investment funds and investment companies for a total of 1,3 billions of euros.