Rocscience Expands its Global Presence with DIANA FEA BV Acquisition

Rocscience Inc., a prominent geotechnical software solutions provider, is proud to announce its acquisition of DIANA FEA (DIANA), in collaboration with global private equity firm TA Associates (TA). This strategic move solidifies Rocscience's commitment to advancing engineering solutions worldwide and marks a significant milestone in the company's expansion strategy.

DIANA, based in the Netherlands, specializes in the development of multi-purpose Finite Element Analysis (FEA) software. With its strong heritage from the Dutch Organization for Applied Scientific Research (TNO), DIANA has established itself as a trusted partner for leading engineering and energy companies, research organizations, government entities, and construction firms. Renowned for its high-end nonlinear FEA solutions, DIANA is a key player in providing world-class software products and services across various engineering sectors.

The collaboration between Rocscience and DIANA brings together cutting-edge technologies and complementary solutions. Dr. Maziar Partovi, MD at DIANA, is excited about the partnership, stating, "With a great synergy between DIANA and Rocscience, we are confident in our ability to achieve our vision of becoming the industry standard for nonlinear Finite Element Analysis worldwide."

Rocscience, founded in 1996, specializes in 2D and 3D modeling, simulation, and analysis of rock and soil behavior. The company's team of industry experts is dedicated to developing advanced geotechnical software for professionals in the civil, structural, and mining industries. The acquisition of DIANA strengthens Rocscience's position as a leader in the geotechnical software market.

Dr. Thamer Yacoub, CEO and President at Rocscience, believes that the partnership with DIANA will propel their Finite Element product and service offerings. He said, "With our combined talent and product portfolio, I am confident that we can rightfully claim leadership in the geotechnical and structural Finite Element space."

The combined company now boasts a customer base of 12,000 professionals across 120 countries, further solidifying Rocscience's position as a dominant force and global leader in engineering software solutions.

TA Associates' investment in Rocscience in 2023 played a crucial role in catalyzing this growth opportunity. Nick Leppla, Director at TA and a member of the Rocscience Board of Directors, emphasized the commitment to innovation and customer-centric values, stating, "This collaboration exemplifies the continued evolution of civil and geotechnical software solutions on a global scale."

The financial terms of the transaction between Rocscience and DIANA remain undisclosed.

About Rocscience

Rocscience, founded in 1996, is a leading developer of 2D and 3D software for civil, mining, and geotechnical engineers. The company's mission is to provide reliable and easy-to-use software solutions for geotechnical engineers worldwide. With over 20 years of experience, Rocscience has continually refined and developed its programs to meet the evolving needs of professionals in the industry. For more information, visit www.rocscience.com.

About TA Associates

TA Associates is a global private equity firm focused on driving growth in profitable companies. With a history dating back to 1968, TA has invested in over 560 companies across various industries, including technology, healthcare, financial services, consumer, and business services. Leveraging its industry expertise and resources, TA collaborates with management teams to deliver lasting value. To date, the firm has raised $65 billion in capital and has a team of more than 150 investment professionals across multiple offices worldwide. For more information, visit www.ta.com.