Solid Caddgroup Inc.
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Solid Caddgroup Inc. - overview
Established
1989
Location
Richmond Hill, ON, Canada
Primary Industry
Business Support Services
About
Based in Canada, SolidCAD provides technology solutions aimed at driving digital transformation across various industries, including architecture, construction, and engineering, enhancing efficiency and productivity for clients. SolidCAD is focused on delivering technology consulting services and solutions. Established in 1989 and headquartered in Richmond Hill, Canada, it has been involved in one significant deal, with the most recent occurring In October 2025, Symetri AB, a portfolio company of Addnode Group, Aeternum, agreed to acquired SolidCAD from Cansel Group for SEK 850 million, with an additional contingent consideration of up to SEK 204 million based on future performance. SolidCAD offers a comprehensive suite of technology consulting services designed to facilitate digital transformation for clients in architecture, construction, and engineering.
Their primary offerings include Building Information Modeling (BIM) implementation and optimization, data management solutions, and custom software development. The company specializes in streamlining processes through advanced strategies such as CAD standards, GIS consulting, and CNC automation, addressing challenges specific to construction and design. SolidCAD serves a diverse client base, including major organizations in Canada and North America, across sectors like civil infrastructure, energy, and manufacturing, ensuring impactful solutions for both public and private clients. SolidCAD generates revenue through a combination of consulting services and customized software solutions via B2B transactions.
Clients engage the company for tailored consulting on a project basis or long-term subscriptions for software and support. Key revenue streams include BIM management and product lifecycle management services, which enhance operational efficiencies for clients. The pricing structure is determined based on project complexity, ensuring strong client relationships while effectively addressing unique challenges. In October 2025, Symetri AB, a portfolio company of Addnode Group, Aeternum, agreed to acquired SolidCAD from Cansel Group for SEK 850 million, with an additional contingent consideration of up to SEK 204 million based on future performance.
The transaction was completed in October 28, 2025. The acquisition enables Symetri AB to expand its reach and accelerate to next phase of growth. Future growth plans include the continuation of developing new products and expanding into new markets, although specific details on upcoming launches or target regions have not been disclosed.
Current Investors
Symetri AB
Primary Industry
Business Support Services
Sub Industries
Engineering, Consulting Services, Offshore IT Services/IT Outsourcing, Education & Training Website, Education & Training Services, Analytics & Performance Software, Engineering Software
Website
www.solidcad.ca/
Verticals
Cloud Computing, Cloud Computing, E-commerce, IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Solid Caddgroup 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, Trade Sale | Completed | Solid Caddgroup Inc. | - |
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