TriMecha portfolio company of Sentinel Capital Partners, today announced the acquisition of Solid Solutions Group (“SSG”), a leading provider of 3D Computer Aided Design (“CAD”) software and services in the United Kingdom and Ireland. Sentinel, a private equity firm that invests in promising mid-market companies, acquired TriMech, also a leading provider of 3D CAD software and services in The United Statesin March 2022. Sentinel provided significant follow-on funding to support the SSG add-on acquisition. Terms of the Solid Solutions Group acquisition were not disclosed.
headquartered in Leamington Spa, EnglandSSG provides software, support and training to thousands of engineers, designers and manufacturing companies across the UK and Ireland. This includes the delivery of SOLIDWORKS solutions (a 3D CAD application developed by Dassault Systemès), computer-aided manufacturing (“CAM”) and a comprehensive portfolio of Dassault solutions including CATIA, its 3DEXPERIENCE platform and its full product data management product line (“PDM”) and simulation tools. SSG’s customer base ranges from product designers, mechanical engineers and manufacturers to entrepreneurs and educational institutions, with its software supporting a wide range of products across a variety of end markets and industries. SSG operates from 23 offices across the UK and Ireland and employs more than 250 people.
headquarters in Richmond, Va, TriMech is a provider of CAD and CAM software, additive and subtractive manufacturing solutions and related training, consulting, implementation and staffing services to customers across a broad spectrum of industries. TriMech works with leading software and hardware vendors, including Dassault Systèmes and Stratasys, throughout the Central and East region United States and Canadaand provides expert technical support to its customers through its world-class engineering team.
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“SSG is an established company with a strong management team poised for further growth,” he said Jon Gurs, a director at Sentinel. “The addition of SSG to the TriMech platform creates the most comprehensive provider of software and services for SOLIDWORKS and Dassault Systemès in the western hemisphere. The combined global platform brings together hundreds of technical specialists from multiple countries and enhances our world-class support services.”
Marcel MatteTriMech President and CEO said, “The SSG acquisition expands TriMech’s ability to provide technology and business solutions to our global customers, including multinationals operating in China North Americathe United Kingdom, Irelandand other parts of Europe. Customized, process-specific solutions—both within design departments and beyond—are becoming increasingly important, and we are now uniquely positioned to offer our customers world-class service.”
SSG is led by the CEO Alan Samson, who said, “Joining TriMech and Sentinel is extremely exciting for our team. The combination will give us significant new opportunities to serve our customers and the ability to continue to grow organically and through acquisitions in European markets.”
The acquisition of SSG is an example of how Sentinel can support the global growth ambitions of its portfolio companies. TriMech is the latest example of Sentinel’s investment opportunity in the business services sector. Sentinel’s current service portfolio includes Apex companyan environmental services company specializing in water resources and industrial sanitation; corporate visionsa provider of training services to improve sales force productivity; Cellular Americaa regional provider of communications solutions and services; new era technology, a global managed IT services provider focused on collaboration and data networking; Renewa provider of cost recovery and cost containment services that offer cashback and cost reduction benefits; Overall military managementa global provider of relocation services for US military and government personnel; TranSystemsa national provider of infrastructure engineering and design services; TTG Imaging Solutions, a national provider of nuclear medicine and molecular imaging solutions; and UBEOa provider of world-class document management services.