Opentree is a leading Electronic Document Management Software (EDMS) developer which manages all forms of office documents and CAD drawings for multinational blue chip clients such as Tata Steel and Siemens. The business is based in Stokesley and has a development office in Sheffield.

Park Place led the sale process on behalf of the shareholders which resulted in the business being acquired by Paris-based Graitec. Graitec is privately owned and operates throughout 45 offices across 11 countries worldwide in the field of Building Information Modeling (BIM).

Park Place worked with Opentree over many years helping guide the business towards a change in ownership. Park Place are delighted to have concluded this deal with a strategic acquirer that recognises the potential of Opentree’s products and is prepared to invest in the business to drive future growth.

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