flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Satellier, Potential + Semac close investment deal

Satellier, Potential + Semac close investment deal

Top international CAD and BIM outsourced services provider announces strategic partnership with leading India-based engineering firm, expanding global services, markets


September 22, 2010

New Delhi, India (September 21, 2010) -- Satellier, a world leader in providing CAD and Building Information Modeling (BIM) outsourced services to the architecture, engineering and construction industry, announces a strategic minority investment from India-based top engineering firm Potential + Semac, ushering in the next evolution of the global architecture support industry.
“We’re recognizing a paradigm shift in the building industry worldwide, as public and private infrastructure investment is returning, stimulating latent demand for projects executed in BIM at more competitive rates,” says Satellier Founder and Executive Chairman Michael Jansen.  “By coupling Satellier’s core BIM expertise with Potential + Semac’s cross-discipline engineering expertise, we will meet this demand and provide comprehensive higher value-added services worldwide. Now we can do it all, and we can do it everywhere. ”
The strategic partnership will enable Satellier to provide its clientele, which includes 20 of the top 40 architecture, engineering, and construction firms in the world, with a wider menu of services. Building on its historical core focus of technology-enabled architecture design and production support in the United States, Europe, and Australia, Satellier will now be able to provide this new expertise in integrated Architecture/SMEPF services across all major markets.
“We welcome the addition of Potential + Semac to the Satellier global family and look forward to collaborating with their team in India and the Middle East to provide “best in class” end-to-end services worldwide,” says Satellier CEO Darren Rizza (former CIO at Skidmore, Owings, and Merrill LLP).  “We are poised and ready to partner with all segments of the global AECO community, increasing our depth of involvement in India-based projects and collaborating with our design firm clients worldwide to execute their projects according to the world class standards they have come to expect from Satellier.”
A 700-person full-service professional Structural, Mechanical, Electrical, Plumbing, Fire Fighting, Energy Audit (SMEPF) engineering firm with offices throughout India and the Middle East, Potential + Semac has executed projects in excess of five billion square feet for major hoteliers, developers, multinational corporations, and healthcare institutions in the South Asian region.
“As global players in the AEC industry, we are pleased to be partnering with Satellier to respond to the growing need for expertise in this area,” says Potential + Semac Executive Chairman Abhishek Dalmia.  “Our combined strengths will allow us to offer fully-integrated architecture and engineering support solutions, providing clients with the services and knowledge required to ensure successful projects at increasingly competitive price points.”


About Satellier
Backed by Sequoia Capital, Satellier is the world's leading CAD and BIM production and solutions provider to AECO firms, real estate companies, and building owners. Having completed project documentation for over 5,000 projects across more than 50 countries for half of the world’s top AEC firms, Satellier is the “Firm of Choice” in the AECO industry and has been featured on CNN, CNBC, and myriads of business, technology, and AEC publications worldwide. Satellier serves markets all over the globe through its offices in New Delhi, London, Dubai, Sydney, and Chicago.
www.satellier.com


About Potential + Semac
Potential + Semac Consultants is one of the oldest and largest engineering design firms in India, having executed five billion square feet of projects over its 40-year tenure. With 700 employees throughout India and the Middle East, Potential + Semac provides end-to-end engineering design services for industrial and commercial developments, including Structure, MEP, HVAC, IT Networking, and Energy Audit.  With a clientele of global industry leaders, Potential + Semac partners with 17 of the top 25 Indian developers, 34 of the top 50 Indian companies, and major Multinational Corporations including GE, IBM, Google, Toyota, JW Marriott, Hilton, Coca Cola, Nestle, and Volkswagen, among others.
www.potentialsemac.com

Related Stories

Contractors | Oct 7, 2022

Nonresidential construction spending down 0.4% in August, says ABC

National nonresidential construction spending was down 0.4% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.

Multifamily Housing | Oct 7, 2022

Design for new Ft. Lauderdale mixed-use tower features sequence of stepped rounded volumes

The newly revealed design for 633 SE 3rd Ave., a 47-story, mixed-use tower in Ft. Lauderdale, features a sequence of stepped rounded volumes that ease the massing of the tower as it rises.

Giants 400 | Oct 6, 2022

Top 100 Medical Office Building Architecture + AE Firms for 2022

CannonDesign, Perkins Eastman, HGA, and E4H Environments for Health Architecture top the ranking of the nation's largest medical office building (MOB) architecture and architecture/engineering (AE) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report. 

Giants 400 | Oct 6, 2022

Top 100 Outpatient Facility Architecture + AE Firms for 2022

Perkins and Will, HDR, CannonDesign, and Massa Multimedia Architecture top the ranking of the nation's largest outpatient facility architecture and architecture/engineering (AE) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report. 

Giants 400 | Oct 6, 2022

Top 130 Hospital Facility Architecture + AE Firms for 2022

HDR, HKS, CannonDesign, and Stantec top the ranking of the nation's largest hospital facility architecture and architecture/engineering (AE) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report. 

Giants 400 | Oct 6, 2022

Top 115 Healthcare Sector Contractors + CM Firms for 2022

Turner Construction, Brasfield & Gorrie, DPR Construction, and JE Dunn Construction top the ranking of the nation's largest healthcare sector contractors and construction management (CM) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report. Note: This ranking factors all healthcare sector work, including hospitals, outpatient facilities, and medical office buildings. 

Giants 400 | Oct 6, 2022

Top 90 Healthcare Sector Engineering + EA Firms for 2022

Jacobs, AECOM, WSP, and IMEG Corp. head the ranking of the nation's largest healthcare sector engineering and engineering/architecture (EA) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report. Note: This ranking factors all healthcare sector work, including hospitals, outpatient facilities, and medical office buildings.

Giants 400 | Oct 6, 2022

Top 170 Healthcare Sector Architecture + AE Firms for 2022

HDR, CannonDesign, HKS, and Stantec top the ranking of the nation's largest healthcare sector architecture and architecture/engineering (AE) firms for 2022, as reported in Building Design+Construction's 2022 Giants 400 Report. Note: This ranking factors all healthcare sector work, including hospitals, outpatient facilities, and medical office buildings. 

Designers / Specifiers / Landscape Architects | Oct 6, 2022

DAHLIN announces acquisition of Design Line Interiors

DAHLIN Architecture | Planning | Interiors announced today that it is expanding its interiors capabilities with the acquisition of Del Mar, California-based Design Line Interiors.

Contractors | Oct 6, 2022

Modular construction gets boost from impacts of the pandemic

The impact of the Covid pandemic on the construction industry appears to be fueling demand for modular construction methods, especially in the western U.S. and Canada.

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021