Flaherty was currently chairman of the board of administration of Enscape. Flaherty was the former chief strategy officer of the Nemetschek Group, one of the world’s largest AEC software conglomerates, and prior to that, the former CEO of Nemetschek’s subsidiary, Vectorworks, Inc.

New executive managementĪlthough financial terms have not been disclosed, TA will join LEA, the current majority shareholder of Enscape, in the new merged company, alongside the management of Chaos and Enscape, which will retain a significant minority stake.Īs part of the transaction, Sean Flaherty will also become Chairman of the Board of Chaos. In partnership with LEA, we are excited to invest in the future of the business by deepening product capabilities and expanding the breadth of offerings and geography. “Together, we believe the company can build on its strong momentum to create a global leader in 3D visualization and design workflow space.

“We have been impressed with the growth, high quality product offerings and loyal customer base of Chaos and Enscape,” said Dandl, principal at TA. “We find that the reunion of Enscape and Chaos offers a unique opportunity to build a technological powerhouse to pave the way for AEC and beyond. “Since our initial investment, we’ve worked closely with Enscape’s management team to make the company a premier supplier to the AEC industry, and that’s just the start,” says Christian Roth, Managing Partner at LEA Partners. LEA Partners is a German-based private equity and venture capital firm. The company has a solid track record of investing in venture capital in technology companies. In the early 1980s, she opened an office in Silicon Valley and then in 2003 opened her office in London. TA Associates was founded in 1968 by Peter Brooke in Boston as a private investment firm.

We find that bringing Enscape and Chaos together provides a unique opportunity to build a technological powerhouse to pave the way for AEC and beyond.

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