Keensight backs Geodesial SBO

Keensight becomes the new majority owner of the business. The GP – currently investing via €1bn vehicle Keensight Capital V, which closed earlier this year – will support the company's organic growth, as well as develop a buy-and-build strategy, especially in new geographies.

The transaction is the fourth buyout transaction for the business, which was formerly known as Geomedia. Arkéa Capital Investissement/Unexo first acquired a majority stake in the group in 2001. Ciclad then took over as majority shareholder, seven years later. Finally. Capza bought the business in 2017 drawing capital from Capzanine 4 fund, which closed on €350m the year before.

Company
Founded in 1993 and based in Brest, Geodesial is a developer and distributor of computer-aided design (CAD) and engineering (CAE) software used by infrastructure professionals. It operates two brands: Geomedia and Geomesura.

The company employs 80 people across four offices in France, Hungary and Canada. Geodesial's client base includes public agencies, geomatics and civil engineering companies, training companies and students. 

People
Geodesial – David Le Roux (CEO).  
Keensight Capital – Jean-Michel Beghin (managing partner).
Capza – Maxence Radix (partner).  

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Exits
• France
• Technology
• France
• Keensight Capital
• Secondary buyout