D.A. Davidson & Co. Serves as Exclusive Financial Advisor to Building Systems Design, Inc. in its Acquisition by RIB Software SE

D.A.
Davidson & Co. announced today that it has served as exclusive
financial advisor to Building Systems Design, Inc. in its acquisition by
RIB Software SE, a Germany-based, multinational provider of construction
design software that develops cutting-edge digital technologies for the
construction industry.

The combination of Building Systems Design, Inc. and RIB Software SE
will create one of the most comprehensive construction software
platforms in the world across a wide array of functions to include
building information modeling and design, building product
specifications, and a building products marketplace – all enhanced by
fully-owned, proprietary content and sophisticated data analytics.

Founded in 1983 and headquartered in Atlanta GA, Building Systems
Design, Inc. is a leading provider of SaaS specifications solutions for
the construction industry across a wide variety of customers including
architects, engineers, building owners, and building product
manufacturers. Since Building Systems Design, Inc.’s new leadership
joined in 2016, the Company has accelerated growth and innovation by
building upon the its proprietary specifications content in developing
sophisticated software that delivers building products specifications
capabilities combined with actionable analytics. The Company serves over
2,000 customers including brand-name multinationals, across a myriad of
industries.

“The Building Systems Design, Inc. management team has done a tremendous
job transforming the Company and achieving impressive growth over the
past several years,” said Joe Morgan, managing director at D.A.
Davidson. “With this investment and their partnership with RIB going
forward, the combined entity is poised to capitalize further on the
massive market opportunity across construction software by offering an
expanded suite of solutions and products to a global customer base.”

Building Systems Design, Inc. has been able to achieve impressive growth
by leveraging high-quality specifications software and fully-owned,
proprietary content; underpinned by a track record of continual
innovation by a visionary leadership team. The combination of RIB
Software SE and Building Systems Design, Inc. will create lucrative
market opportunities across a variety of geographies.

“We are extremely grateful for the guidance and expertise we received
throughout the process from the D.A. Davidson technology investment
banking team working on this transaction,” said Chris Anderson, CEO of
Building Systems Design, Inc. “Their buyer connectivity, transaction
proficiency, and industry landscape knowledge drove an impressive
outcome that will help fuel our next stage of growth.”

D.A.
Davidson’s investment banking division is a leading full-service
investment bank that offers comprehensive financial advisory and capital
markets expertise. The group has extensive transaction experience
serving middle market clients worldwide across five industry verticals:
consumer, diversified industrials, financial institutions, real estate
and technology.

Together with its European strategic partner, MCF Corporate Finance,
D.A. Davidson originates and executes transatlantic M&A transactions
under the common brand of D.A. Davidson MCF International.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm
offering a range of financial services and advice to individuals,
corporations, institutions and municipalities nationwide. Founded in
Montana in 1935, with regional headquarters in Great Falls, Denver, Los
Angeles, Portland and Seattle, the company has approximately 1,400
employees and offices in 25 states coast to coast.

Subsidiaries include: D.A. Davidson & Co., the largest full-service
investment firm headquartered in the Northwest, providing wealth
management, investment banking, equity and fixed income capital markets
services and advice; Davidson Investment Advisors, a professional asset
management firm; D.A. Davidson Trust Company, a trust and wealth
management company; and Davidson Fixed Income Management, a registered
investment adviser providing fixed income portfolio and advisory
services.

For more information, visit dadavidson.com.

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