PORTFOLIO

Solid Solutions: A blueprint to expand

Supporting the firm’s nationwide expansion and development of new services.

Sector
  • Technology, Media, Telecoms

Solid Solutions is a market leading reseller of 3D design software.

Deal type
  • Secondary buyout

Founded in 1998, Solid Solutions is the UK and Ireland’s leading reseller of SOLIDWORKS, the 3D computer aided design (CAD) package that is owned by Dassault Systems and used by more than five million people worldwide. The company provides software, support and training to thousands of engineers, designers and manufacturing companies across the UK and Ireland.

Its 15,000-strong customer base ranges from product designers, mechanical engineers and manufacturers, to entrepreneurs and educational institutions, and its software has supported a diverse range of projects. This includes being used by the Royal National Lifeboat Institution (RNLI) to design its latest vessel, the Shannon class, all-weather lifeboat, and by Denby to recreate hand thrown pottery.

With headquarters in Leamington Spa, Solid Solutions operates from 23 offices across the UK and Ireland and employs more than 230 people.

A plan for expansion

In February 2020, the firm’s management team secured a minority investment from mid-market private equity investor LDC to accelerate organic growth.

LDC is the perfect partner to help us on the next stage of our journey. Their investment allows us to accelerate the growth plans for the business by increasing our scale, capacity and capability, enabling customers to benefit from an even wider product and service offering.”
Alan Sampson, CEO
Solid Solutions

With LDC’s partnership, the existing management team is delivering the next stage of its ambitious growth strategy to grow organically and explore complementary acquisitions. It is also looking to roll-out new services and products, strengthening its position as the UK and Ireland’s leading SOLIDWORKS provider.

As part of the investment, Solid Solutions’ previous backer, BGF, sold its stake in the business.