Mid-market private equity firm LDC has exited Solid Solutions, a specialist reseller of 3D design software, to TriMech, a US-based technology and business solutions partner for designers, engineers, and manufacturers.
Founded in 1998 and with headquarters in Leamington Spa, Solid Solutions is the UK and Ireland’s leading independent provider of SOLIDWORKS, a 3D computer-aided design (CAD) package.
LDC backed Solid Solutions’ management team, led by CEO and Founder Alan Sampson, CTO Simon Turner and CSO Kathy Sampson in 2020. Since then, the private equity firm has helped the business to deliver an organic and acquisitive growth strategy.
TriMech will now support the next stage of Solid Solutions’ growth. TriMech is a portfolio company of Sentinel Capital Partners, a US private equity firm that invests in companies with EBITDA of up to $80 million. As part of the transaction, Solid Solutions’ CEO Alan Sampson will be appointed President of TriMech’s UK and European business and the wider management team will remain in place.
