Altair

Altair Engineering, Inc. specializes in enterprise analytics and engineering software technologies, focusing on optimizing the analysis, management, and visualization of business and engineering information. The company's flagship products include HyperWorks, an enterprise simulation solution, and PBS GridWorks, which facilitates grid and on-demand computing. Altair's software suite supports various disciplines, including structures, fluids, and thermal management, enabling comprehensive product lifecycle management from concept design to operational use. Additionally, the company offers consultancy services and business intelligence solutions, catering to industries such as automotive, aerospace, defense, heavy equipment, consumer products, and financial services. Founded in 1985 and headquartered in Troy, Michigan, Altair has a global presence with offices in multiple countries, serving clients through a network of resellers and distributors.

James Scapa

Founder, CEO and Chairman

Past deals in Industrial Engineering

S-FRAME Software

Acquisition in 2021
S-Frame Software is a civil engineering company that specializes in providing structural engineering software services. The company develops 3D software designed to assist engineers in analyzing, designing, and detailing complex structures across various materials and loading conditions. Its software addresses nonlinear effects and adheres to diverse design code requirements, enabling engineers to assess a structure's capacity to withstand external forces such as wind, water, and snow. By offering tools that facilitate compliance with global design standards, S-Frame Software supports engineering professionals in their efforts to create safe and resilient structures.

EDEM Simulation

Acquisition in 2019
EDEM develops and markets discrete element method (DEM) simulation software, which serves as a critical tool for simulation-based engineering in industries that handle bulk materials, including powders, granules, and aggregates. Its software is utilized across numerous sectors such as pharmaceuticals, food processing, mining, and construction, allowing companies to optimize equipment design and performance, reduce operational costs, and accelerate product development. Founded in 2003 and headquartered in Edinburgh, EDEM also has offices in Denver, Yokohama, and Shenzhen, facilitating direct sales in major markets and supporting a global network of engineering service partners. The company offers advanced simulation solutions, including the EDEM software platform and EDEM BulkSim, along with engineering support services, aimed at enhancing productivity and innovation for clients worldwide.
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