Seven2 announces its acquisition of a majority stake in Lumion. Lumion is a leading European publisher of 3D visualization software for professionals in the AEC (architecture, engineering and construction) sector, particularly architects. The founders and management team, led by Thomas Sønderby, are reinvesting significantly alongside Seven2.
This transaction, Lumion's first majority shareholding, reflects a strategic partnership aimed at accelerating the company's growth and capacity for innovation.
Lumion, based in Sassenheim in the Netherlands, develops and markets 3D visualization software for the AEC (architecture, engineering and construction) sector. This software enables the creation of high-quality, photo-realistic renderings, in real time, via an intuitive and innovative interface. The solution is distributed worldwide through a direct sales channel and an international network of resellers, covering almost 110 countries. Over the past 18 months, Lumion has moved towards a subscription model, and has already achieved annual recurring revenues (ARR) of 20 million euros.
Seven2 's arrival in Lumion's capital and alongside its management team will enable the company to accelerate its development in a fast-growing market. The company will continue to focus strongly on product innovation, while further structuring itself, particularly in terms of sales organization and customer satisfaction management. Lumion is also considering external growth opportunities.
"This investment is the third made in the Netherlands by Seven2's MidMarket X fund, demonstrating our ability to identify primary transactions across Europe. Having developed an outstanding product, Lumion is at a strategic crossroads, ready to significantly accelerate its growth and consolidate its position as market leader. Numerous initiatives are aimed at maintaining a strong technological edge, strengthening the sales organization following the successful transition to a subscription model, and addressing future opportunities such as generative AI. We are very proud to have the opportunity to partner with Lumion," explains Henry Capelle, Tech & Telecom Partner at Seven2.
"We are delighted to announce our partnership with Seven2, which will help us continue to grow our business and accelerate our product innovation. This partnership reaffirms our commitment to being the preferred visualization tool for architects and strengthens our ability to bring value to the AEC sector, broadly defined," says Thomas Sønderby, CEO of Lumion.
Seven2 is investing in the deal via its Seven2 MidMarket X fund and Apeo - its fund dedicated to life insurance and capitalization contracts.
Link to the official press release
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