Houlihan Lokey Advises BETA CAE Systems International AG

Houlihan Lokey is pleased to announce that BETA CAE Systems International AG (BETA CAE), a leading system analysis platform provider of multi-domain, engineering simulation solutions, has been acquired by Cadence Design Systems (Cadence), a leader in electronic systems design, at the value of $1.24 billion. The transaction closed on May 30, 2024.

Headquartered in Lucerne, Switzerland, BETA CAE is a highly respected industry leader, well known for its ground-breaking, innovative, high-performance simulation software and best-in-class services. BETA CAE’s portfolio includes its flagship pre- and post-processing products, which are the industry gold standard; mechanical and structural simulation and multiphysics analysis; and simulation process, data, and resources management (SPDRM) solutions, among others. BETA CAE has a very strong footprint in the automotive vertical sector, delivering solutions to the top 10 global automobile manufacturers and most Formula One racing teams, as well as leading customers in the aerospace, industrial, and healthcare industries. Customers include marquee names such as Honda Motor Company, Ltd., General Motors Company, Stellantis, Renault Group, Volvo Cars, and Lockheed Martin Corp., among others.

Cadence is a pivotal leader in electronic systems design, building on more than 35 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware, and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial, and healthcare.

Houlihan Lokey served as the exclusive financial sellside advisor to the shareholders of BETA CAE in an exclusive process with Cadence.