CTC Software

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CTC Software - overview

Established

1997

Location

Blooming Prairie, MN, US

Primary Industry

Software

About

Founded in 1997 in Blooming Prairie, US, CTC Software specializes in providing software solutions for the AEC industry. The company has maintained a consistent focus on developing tools that improve project workflows. It has not undergone significant pivots or changes in business operations since its inception. CTC Software has been involved in one deal, with its most recent transaction occurring on November 11, 2024.


CTC Software specializes in creating productivity tools tailored for the Architecture, Engineering, and Construction (AEC) industries, with a strong focus on enhancing the functionality of Autodesk products, particularly Revit and Civil 3D. Their core offerings include a suite of add-ins and custom applications designed to streamline workflows, improve efficiency, and facilitate better project outcomes for professionals in the AEC sector. These tools are utilized by architects, engineers, and construction professionals to optimize tasks ranging from project management to design integration. CTC has been an active player since 2010 and has established itself within various international markets, serving clients across North America, Europe, and Australia.


The company collaborates closely with its users to tailor solutions that meet specific needs, ensuring comprehensive support and integration with existing systems. CTC Software generates revenue primarily through B2B transactions, offering subscriptions for its software products and services. Their business model includes direct sales of various suites such as the BIM Manager Suite and the Nexus platform, which cater to specific user needs within the AEC industry. Customers typically enter into subscription agreements that provide access to ongoing software updates, support, and new features.


Revenue may also be derived from bespoke solutions developed for larger clients, allowing for customized integration of CTC’s software into existing workflows. This structured approach to client engagement ensures a steady revenue stream while fostering long-term partnerships within the industry. In November 2024, CTC Software was acquired by Addnode Group AB, a portfolio company of Aeternum. This acquisition is aimed at expanding Addnode Group AB's platform capabilities.


Future growth strategies include the development of new products designed to enhance user experience and expand into new geographic markets. Specific regional targets for expansion have yet to be disclosed, but the integration with Addnode Group AB is expected to facilitate entry into additional international markets.


Current Investors

Addnode Group AB

Primary Industry

Software

Sub Industries

Web Applications, Analytics & Performance Software, Application Integration Software, Engineering Software

Website

www.ctcsoftware.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

CTC Software - 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-onCompletedCTC Software-

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