ADINA R&D, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
ADINA R&D, Inc. - overview
Established
1986
Location
Watertown, MA, US
Primary Industry
Software
About
Based in Massachusetts, US, and founded in 1986 by Klaus-Jürgen Bathe, ADINA R&D, Inc. is a developer of finite element analysis software. In April 2022, Bentley Systems, Incorporated, a portfolio company of Accel-KKR and Pencarrow Private Equity, acquired ADINA R&D, Inc. ADINA’s product line includes ADINA structures, ADINA CFD (computational fluid dynamics), ADINA thermal, ADINA electromagnetics, ADINA FSI (fluid-structure interaction), ADINA TMC (thermo-mechanical), ADINA Multiphysics, ADINA user interface (AUI)/modeler, CAD/CAE interfaces.
As of 2022, the company's client base includes companies in the aerospace, automotive, biomedical, construction, defense, and mechanical sectors. Following the April 2022 acquisition, the company plans to expand to its next phase of growth as well as to further develop its engineering solutions.
Current Investors
Bentley Systems, Incorporated
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Engineering Software
Website
www.adina.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ADINA R&D, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ADINA R&D, Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.