Drake Star Partners Advises Numeca International Sa On Its Sale To Silicon Valley-Based Cadence Design Systems, Inc.

  • Year
    January/2021
  • Sector
    Software/SaaS
  • Our Mission
    Exclusive Financial Advisor to Numeca

MUNICH | January 20th, 2021 – Drake Star Partners acted as the exclusive financial advisor to NUMECA International SA, a leading computational fluid dynamics (CFD) simulation software provider, on its sale to Cadence Design Systems, a global leader in computational software for intelligent system design with a current market capitalisation of approximately $38 billion.

NUMECA is a thought leader in CFD simulation, offering a powerful solutions portfolio for fluid/solid multiphysics in CFD and CAE simulations, design and optimisation. From a full simulation of aerodynamics of a car or a supersonic jet, to sonic boom calculation, or noise predictions, with NUMECA’s OMNIS™ platform, users benefit from a state of the art CAE design optimisation framework to increase engineering productivity.

NUMECA’s core competency in CFD encompasses many industries and applications in aerospace, automotive, marine, energy and power generation.

Dr. Charles Hirsch, president of NUMECA: “I take this opportunity to express to the Drake Star team my utmost thanks for their support in this process. All of us at NUMECA, involved in this process, are highly appreciating the quality, the efficiency and the expertise they are demonstrating in all aspects of these complex discussions. We are very excited to join Cadence, as we share a common culture of innovation in computational software.”

Tom Bousmans, Investment Director ING Private Equity (investor in NUMECA) added: “We highly appreciate the support and advise of the Drake Star team. Through their deep software sector knowledge, US expertise, perseverance and M&A execution excellence, they helped tremendously in making the deal successful. It is a great team that makes it happen.”

Kais Baker, Partner at Drake Star Partners, commented: “We are delighted to have worked on this landmark transaction in the simulation software sector. This transaction further underlines our deep enterprise software sector expertise, enabling customers to join forces with the leading players globally. NUMECA has chosen the perfect partner. The addition of NUMECA to Cadence’s software portfolio is a unique combination as it will complement Cadence’s system analysis capabilities with NUMECA’s CFD solutions.

Drake Star Partners’ Team: Kais Baker, Julian Keller, Niclas Wieners

Inquiries:

For further inquiries, please contact:

Kais Baker
Partner | Drake Star Partners
kais.baker@drakestar.com, +49 89 1490 265 26

 

About NUMECA International

NUMECA is recognized as a worldwide provider of innovative computational fluid dynamics (CFD) software, optimization and heat transfer technologies. NUMECA software is used by designers, naval architects, research engineers and product developers in aerospace, marine, automotive, energy and power generation, allowing them to reach superior product quality and performance at a reduced engineering cost.

Established in 1993, NUMECA International SA has numerous global offices in countries like China, Japan, India and the United States. NUMECA is privately held with headquarters in Brussels, Belgium.

www.numeca.com

About Cadence Design Systems

Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications including consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial and healthcare.
For six years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For.

www.cadence.com

About Drake Star Partners
 

Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.

Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.

www.drakestar.com

*Partner Offices