With over 30 years of experience in the CAD (Computer-Aided Design) and CAE (Computer-Aided Engineering) businesses, Geodesial is specialized in the development and distribution of software solutions for infrastructure professionals.

Strong of approximately 80 employees and four offices in France, Hungary and Canada, the leading developer in France benefits from an overall market share of approximately 70%. Since 2017 and the arrival of David Le Roux and CAPZA (ex-Capzanine) as stakeholders, the company has experienced a strong and steady double-digit annual growth.

Today, Geodesial has successfully developed a loyal customer base of 6,000 clients including public agencies, geomatics and civil engineering companies, as well as professional training and students, representing over 34,000 users. The company benefits from a very low churn (below 5%) as the software are deeply embedded in the workflow and appear as mission critical tools.

Undisputed leader, Geodesial is strategically well positioned in the AEC (Architecture, Engineering & Construction) software market, a sector with high barriers to entry driven by construction digitalization catch-up, BIM adoption and increased regulations, with a demonstrated solid growth of 11% over the past four years.

Thanks to its international network and recognized IT expertise, Keensight Capital will support the company’s organic growth as well as develop an active build-up strategy, especially in new geographies.

David Le Roux, CEO of Geodesial, stated: “We are confident that Keensight Capital’s 20 years of experience supporting fast growing companies, as well as their global footprint, will enable us to achieve our next milestone. I am excited to embark on Geodesial’s next chapter, as we are extremely well positioned for future growth.”

Jean-Michel Beghin, Managing Partner at Keensight Capital, said: “We are very enthusiastic about the opportunity to invest in Geodesial. We look forward to partnering up with David Le Roux and his highly talented team with whom we share similar values, to further develop the company’s trusted software and services abroad.”

Maxence Radix, Partner at CAPZA, said: “We have over the past couple of years worked hand in hand with David to support the group’s rapid development leveraging our knowledge of the software environment and are really glad to see Geodesial undertake a next phase of development with a new partner. In an exciting time for the industry, we wish all the best to Keensight Capital and Geodesial for this new adventure.”