Articad

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Articad - overview

Established

1992

Location

-, -, UK

Primary Industry

Software

About

Articad is a UK-based company that specializes in advanced design software for interior spaces, including kitchens, bedrooms, and bathrooms, providing innovative solutions for design professionals and retailers. Founded in 1992, Articad provides design software specifically for kitchens, bedrooms, bathrooms, and other interior spaces. The company was acquired by SHD AG in February 2016, with financial terms undisclosed. Richard Turner serves as the CEO and has a history of leadership in technology-driven enterprises.


Articad is headquartered in the UK and operates globally. Articad specializes in advanced design software tailored for kitchens, bedrooms, bathrooms, and other interior spaces, serving a diverse clientele that includes retailers, designers, cabinetmakers, and merchants. Their core offerings include feature-rich desktop and cloud-based CAD solutions, alongside virtual reality (VR) applications, which facilitate the creation and presentation of design concepts. These products are designed to enhance the customer experience by streamlining the sales process, managing installations, and showcasing designs in an immersive manner.


The software not only aids professionals in increasing sales but also integrates with supplier partnerships to enhance customer engagement. Articad's products are positioned in various international markets, catering to design professionals globally, thus broadening their reach beyond the UK market. Articad generates revenue through a structured model that includes software subscriptions, partnerships, and direct sales to businesses within the kitchen, bedroom, and bathroom design sectors. Clients typically engage with Articad's suite of products through subscription plans that provide access to their innovative CAD software and additional tools for design, lead capture, and management.


These transactions are primarily B2B, where retailers and design professionals utilize Articad’s solutions to enhance their service offerings. Revenue is derived from both standard software licenses and bespoke services that are tailored to client specifications, ensuring that diverse customer needs are met effectively. This structured approach allows Articad to maintain consistent customer engagement while promoting their flagship products and services across various sectors. In the future, Articad plans to enhance its product offerings with new advanced design features and VR capabilities expected to be launched in the coming years.


The company aims to expand its presence in European markets and North America, targeting these regions for growth by 2025. The strategic acquisition by SHD AG in February 2016 is expected to support these initiatives, enabling Articad to leverage additional resources for product development and market penetration.


Primary Industry

Software

Sub Industries

Engineering Software

Website

https://www.articad.com/

Company Stage

Add-on

Total Amount Raised

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Articad - financials

Fiscal Year EndedDec 31, 2017
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
% EBITDA Margin-
NET Income (USD)-
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Articad - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedArticad-

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