Addnode Group acquires Excitech to bring extensive skills and new technologies to construction and manufacturing sectors in the UK
Excitech and Symetri to join forces and deliver more value for customers
London, UK — 17th January, 2020
Excitech, the UK leader in technology and services for the construction and manufacturing sectors, today announced it has been acquired by Addnode Group, the owner of Symetri, Europe’s leading provider of software and services for design and engineering activities.
The acquisition increases Symetri’s UK footprint by over 3,500 customers, strengthens its penetration in the construction and manufacturing markets, and enables both companies to deliver more value to their customers.
Excitech customers will see no change in how the company supports them, with the company continuing to operate under the Excitech brand out of its Enfield headquarters. Customers will immediately benefit from an increase in the breadth of skills they have access to, and a wider range of third-party technologies, including Symetri’s own products Naviate, Sovelia, CQFlexMon, and CQi.
Founded in 1985, Excitech employs 150 people, generating net sales in excess of £50m. Based in Enfield (North London), with additional training facilities in London and Cambridge, it was one of the first partners of Autodesk in the UK and is an Autodesk Authorised Training Centre (ATC).
Adrian Atkinson, Chairman and Founder of Excitech explained
“Excitech is a strong business and the company is ready to take the next step. When we began discussions with Symetri about how the two businesses could work together, it quickly became clear that the two organisations share common values with a strong empathy for employees and customers, and complementary skills and technologies. Together I believe we will achieve more.”
Adrian will remain involved in the Excitech business for the foreseeable future, helping with the integration of the two organisations. He will also be taking up a non-executive director position on the Symetri UK Board.
Jens Kollserud, CEO of Symetri added
"Excitech has been the benchmark for Autodesk Platinum Partners in the UK for many years, looking after over 3,500 customers of design and engineering solutions. They are respected experts and hold extensive expertise in the UK construction and manufacturing sectors and will bring exceptional BIM skills and innovative IP to our total customer base of more than 10,000 customers and 150,000 users. We are excited about the additional value our combined leading-edge technology and services, together with our expertise, will bring to our customers in the years ahead.”
The acquisition of Excitech is in line with Symetri’s strategy to be an international market-leading partner of software and services to the construction and manufacturing industries.
We provide technology solutions and services for the construction and manufacturing sectors, supporting the complete project life cycle from the manufacture of building products through to design and construction, building handover and maintenance. Our services include the provision of software, consultancy, training and support, and we offer a comprehensive range of IT, Document Management and Facilities Management solutions.
Established in 1985, we are the largest Autodesk Platinum Partner in the UK specialising in the construction sector, and have accreditations with leading technology vendors such as Microsoft, Dell, and HP. For further information, visit us at www.excitech.co.uk
At Symetri we work with you to tailor digital BIM, product design and lifecycle solutions to help you work smarter and do more with less. As a trusted partner for our customers, we constantly seek to challenge people to work smarter for a better future. With our expertise, leading-edge technology and services we always strive to enable our customers to gain an increased competitive advantage. That’s why our partnerships are long lasting. For further information, visit us at www.symetri.com