Advanced Technologies Solutions

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Advanced Technologies Solutions - overview

Established

2008

Location

Jacksonville, FL, US

Primary Industry

Software

About

Advanced Technologies Solutions specializes in delivering innovative engineering solutions and consulting services designed to optimize project workflows for architects and engineers across various sectors. Advanced Technologies Solutions, founded in 2008, is headquartered in Jacksonville, US. The company focuses on providing software solutions tailored for the architecture and engineering sectors. Joann Wean, the founder, has a background in technology and has previously worked in similar industries.


In April 2017, the company was acquired by IMAGINiT Technologies, a portfolio company of Ampersand Capital Partners and RAND A Technology Corporation, although financial terms were not disclosed. The firm offers advanced software solutions and consulting services for architects and engineers. Key products include IMAGINiT Clarity, a cloud-based tool for optimizing workflows in Autodesk applications, and IMAGINiT Pulse, which enhances Autodesk Revit efficiency through various utilities. Additionally, the company provides BIM (Building Information Modeling) services and data management solutions to streamline design processes.


IMAGINiT serves clients across North America, particularly in construction, manufacturing, and civil engineering sectors, and operates extensively in the Southeastern region of the United States. Advanced Technologies Solutions generates revenue through the sale of software licenses, subscriptions, and consulting services. It operates a B2B model, partnering with clients in the architecture, engineering, and construction industries. Revenue transactions include licensing their flagship products, IMAGINiT Clarity and IMAGINiT Pulse, as well as consulting services that assist clients in implementing these technologies.


Clients typically enter subscription agreements for ongoing software access and updates, aligning their pricing structure with industry standards for software and consulting services. Looking ahead, Advanced Technologies Solutions aims to expand its product offerings with new solutions designed for enhanced project management and collaboration, set to launch in 2024. The company plans to penetrate new geographic markets, targeting the Northeastern United States and Canada by mid-2025. The acquisition by IMAGINiT Technologies in April 2017 plays a crucial role in this growth strategy, with integrated resources from the parent company expected to support these initiatives.


Current Investors

RAND A Technology Corporation, IMAGINiT Technologies

Primary Industry

Software

Sub Industries

Analytics & Performance Software

Website

www.atsicad.com

Company Stage

Add-on

Total Amount Raised

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Advanced Technologies Solutions - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAdvanced Technologies Solutions-

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