Madison Street Capital served as exclusive advisor to Dowco Group of Companies (A Canadian holding company), in the divestiture of its Eugene, Oregon based subsidiary Fabtrol Systems, Inc. FabTrol Systems is a leading supplier of steel fabrication management software. The acquiring company was AVEVA Group plc, a United Kingdom-based public holding company.

“The entire process of selling a company is tedious, traumatic and finally, terrific,” explained Ewen Dobbie, President & CEO of Dowco. “Madison Street Capital located the right buyer, created a workable relationship through due diligence and facilitated communication to ensure both parties ‘stayed on point.’ This helped in an immeasurable way to get through rough spots and we are immensely grateful to Karl D’Cunha and Jay Rodgers.”

Client Description

FabTrol Systems, Inc.  is a software business, headquartered in Eugene, Oregon with operations in North America and the United Kingdom, providing fabrication management software to steel fabricators. FabTrol has a well-established market position with 1400 customers globally with a particularly strong install base in North America.  FabTrol is trusted to manage key process and operations within some of the world’s largest construction companies.

Counterparty Description

For over 45 years, AVEVA software has enabled the creation of some of the world’s most complex power and process plants, vessels and offshore facilities. AVEVA’s Digital Asset approach ensures there is always an accurate digital representation of each physical asset. This allows engineering contractors, owner operators and ship builders to work safer, more efficiently and with less risk throughout the life cycle of their projects and operations.