What Addnode Group does

Addnode Group AB is a Stockholm-headquartered, Nasdaq Stockholm-listed (ANOD-B) IT solutions provider operating through approximately 20 wholly-owned subsidiaries organized into three divisions: Design Management (digital lifecycle management for the built environment, including CAD, BIM, and facility optimization), Product Lifecycle Management (product data and PLM software), and Process Management (document and case management for public sector, plus defense IT). The portfolio is built primarily through serial acquisitions — 93 in total historically, ten completed in 2025 — and now spans 20 countries across five continents with around 3,000 employees.

Core technology centers on Autodesk-based software distribution via subsidiary Symetri, proprietary AI-augmented products such as Bimify (BIM digitalization), Sokigo's Vinga (NLP for ventilation inspection records), Decerno's The Typewriter (generative AI for property descriptions), and Inuse (AI-assisted production monitoring), plus bespoke case and document management systems for government agencies. Revenue is generated through software licenses, subscriptions, and professional services, with 63% of 2025 net sales recurring. 2025 net sales reached SEK 5.8 billion with a 15.6% EBITA margin; financial targets set in September 2025 call for ≥15% EBITA growth, ≥17% EBITA margin, and net debt not exceeding 2.5x EBITDA.

Customers span public sector (City of Stockholm, ARN, Västra Götaland Region, Port Authority of New York & New Jersey, Swedish Armed Forces) and enterprise clients in AEC, manufacturing, and real estate (Fastighetsbyrån, Corstorphine & Wright, ALPMA). The go-to-market is decentralized: each subsidiary retains its own brand and direct enterprise or government sales motion, while the parent provides capital allocation, acquisition integration, and corporate governance.

Name

Addnode Group

Legal name

Addnode Group AB

Website

http://www.addnodegroup.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Addnode Group AB is a Stockholm-listed IT solutions provider operating ~20 subsidiaries across three divisions — Design Management, Product Lifecycle Management, and Process Management — delivering CAD/BIM, PLM, and public-sector document management software to enterprise and government customers in 20 countries, built primarily through serial acquisitions.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Software Licenses and Subscriptions: Sale of software licenses and subscription-based software products for design, construction, product data, and facility management. The company generates recurring revenue through software subscriptions.
2. Software and Services: Services related to software implementation, training, and support for CAD, BIM, and facility management solutions sold through subsidiaries like Symetri.
3. Document and Case Management: Public sector solutions for document and case management through Process Management division companies.
4. Recurring Revenue: High share of recurring revenue, accounting for 63% of Group's total revenue in 2025.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Addnode Group acquires, operates, and develops entrepreneur-driven IT companies that provide digitalization software and services for design, construction, product data management, and facility management. The portfolio comprises approximately 20 companies organized into three divisions: Design Management (CAD-based space management, BIM, facility optimization through Symetri, SolidCAD, ACAD-Plus), Product Lifecycle Management (product data solutions), and Process Management (document and case management for the public sector plus defense IT via Congere). Revenue is generated through software subscriptions and licenses, channel resale of third-party platforms like Autodesk, and related professional services.

Product overview

Addnode Group operates as a portfolio of approximately 20 companies organized in three divisions: Design Management (digital lifecycle management for the built environment including CAD-based space management, BIM, and facility optimization via Symetri, SolidCAD, ACAD-Plus), Product Lifecycle Management (product data solutions via X10D Solutions), and Process Management (document and case management for public sector via Ida Infront, Sokigo, Decerno, plus defense solutions via Congere). The company develops digital solutions for sustainability using AI technologies including generative AI for document automation and property descriptions, computer vision for BIM digitalization, and process automation for inspections and geodata management.

Differentiator

Problem solved

Functional benefit

Products and services

• Bimify
• Vinga
• The Typewriter
• ACAD-Plus

Quantifiable outcome

• 63% recurring revenue share
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Autodesk (via Symetri)coreChannel Partner/ Reseller/ Distributor · 22 September 2025Symetri, part of Addnode Group's Design Management division, operates as an Autodesk partner. In 2024, Autodesk implemented a new transaction model that affected net sales reporting. The partnership involves reselling Autodesk software including AutoCAD, Revit, and Bluebeam solutions to architecture, engineering, construction, and manufacturing clients.
• Swedish Armed ForcescoreStrategic or Co-development Partner · 27 January 2025Addnode Group acquired Congere IT-Konsult AB which provides digital solutions for the defense industry. The acquisition aims to enhance offerings in system development for defense clients including the Swedish Armed Forces and SAAB.
• InuseminorStrategic or Co-development PartnerFrench company that Addnode Group has invested in and partnered with since 2019. Inuse develops customized solutions for industry and smart buildings with AI functionality for production monitoring, including work with ALPMA.
• BimifyminorStrategic or Co-development PartnerPartly owned by Addnode Group. Bimify is an AI-powered platform for large-scale digitalization of buildings, helping architectural firms like Corstorphine & Wright convert static drawing files into editable BIM models.

Scale indicators16 records

Recent moves4 records

Expansion highlights6 records

Direct peers

• Constellation Software: Canadian-listed perpetual-acquirer of vertical-market software businesses. Closest comparable to Addnode's decentralized buy-and-hold platform model across AEC, public sector, and industrial niches, though at materially larger scale.
• Vitec Software Group: Swedish-listed vertical software acquirer focused on Nordic niche software businesses with high recurring revenue. Most direct Nordic peer to Addnode's acquisition-led growth model, with overlapping sectors including public sector and real estate.
• Topicus.com: European vertical software acquirer spun out of Constellation Software, focused on SMEs across the Netherlands, DACH, and Nordics. Closely comparable operating model and geographic overlap with Addnode's European footprint.

Broad incumbents

• Trimble: US-listed provider of AEC and geospatial software (SketchUp, Tekla, Trimble Connect). Direct product overlap with Addnode's Design Management portfolio (CAD/BIM/lifecycle) but at much larger scale and as a product originator rather than acquirer.
• Nemetschek Group: German-listed AEC software group owning brands like Bluebeam (also distributed by Symetri), Vectorworks, Graphisoft, and Solibri. Overlaps directly with Addnode's Design Management offering and competes for the same AEC customers.
• Bentley Systems: US-listed infrastructure engineering software firm focused on BIM, digital twins, and asset performance for roads, rail, utilities, and buildings — directly comparable to Addnode's infrastructure inspection and digital twin capabilities.
• Autodesk: Global AEC software leader whose products (AutoCAD, Revit, Civil 3D) are resold by Symetri. Functions simultaneously as Addnode's largest partner and as the dominant upstream platform whose transaction-model changes directly drive Addnode's reported revenue volatility.
• Roper Technologies: US-listed diversified vertical software and engineered products acquirer. Comparable capital-allocation discipline and acquisition-led compounding model, though with a US-centric portfolio and broader industry mix.

Regional players

• Fortnox: Swedish-listed cloud SaaS provider for SMB accounting and ERP. Comparable as a Swedish-listed software company serving public sector and SMEs, but with a product focus on finance rather than AEC/PLM/document management.
• Lime Technologies: Swedish-listed CRM and sales software provider serving Nordic enterprises. Comparable as a Stockholm-listed, profitable Nordic SaaS peer, though operating in a different vertical (CRM) than Addnode's AEC/PLM focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/addnode-group-ab

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A20 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Addnode Group