Fabtrol Systems Inc. has been Acquired by AVEVA Group plc

CHICAGO, IL/Cambridge, UK - Madison Street Capital, an international investment banking firm, served as exclusive advisor to Dowco Group of Companies (A Canadian holding company), in the divestiture of its Eugene, Oregon based subsidiary Fabtrol Systems, Inc. FabTrol Systems is a leading supplier of steel fabrication management software. The acquiring company was AVEVA Group plc, a United Kingdom-based public holding company. The transaction was announced by Charles Botchway, CEO of Madison Street Capital. Madison Street Capital Senior Managing Director Karl D’Cunha and Senior Managing Director Jay Rodgers led the transaction.

“The entire process of selling a company is tedious, traumatic and finally, terrific,” explained Ewen Dobbie, President & CEO of Dowco. “Madison Street Capital located the right buyer, created a workable relationship through due diligence and facilitated communication to ensure both parties ‘stayed on point.’ This helped in an immeasurable way to get through rough spots and we are immensely grateful to Karl D’Cunha and Jay Rodgers.”

“This is a great deal for Fabtrol and for AVEVA. Fabtrol is a mainstay in the fabrication management software space and this acquisition definitely will bolster AVEVA’s suite of product offerings,” said Karl D’Cunha, Senior Managing Director. “It has been a pleasure working with Mr. Dobbie and his management team during this divestiture. They were extremely professional and expedient and we look forward to our continuing relationship with the Dowco Group.”


About Madison Street Capital, LLC

Madison Street Capital, is an international investment banking firm committed to integrity, excellence, leadership and service in delivering corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. These services position our clients to succeed in the global marketplace. In undertaking each new project, the client’s goals and objectives become ours, ranging from financial advisory and successful capital raises to M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core component driving the global growth of our clients, and will continue to focus significant assets on these markets. Our firm has earned the trust of clients around the world through our unwavering dedication to the highest levels of professional standards. For additional information, please visit our website and follow us on Facebook, Twitter, YouTube and LinkedIn. 


About FabTrol Systems

FabTrol Systems, Inc.  is a software business, headquartered in Eugene, Oregon with operations in North America and the United Kingdom, providing fabrication management software to steel fabricators. FabTrol has a well-established market position with 1400 customers globally with a particularly strong install base in North America.  FabTrol is trusted to manage key process and operations within some of the world’s largest construction companies. For additional information please visit


About AVEVA Group plc

For over 45 years, AVEVA software has enabled the creation of some of the world’s most complex power and process plants, vessels and offshore facilities. AVEVA’s Digital Asset approach ensures there is always an accurate digital representation of each physical asset.  This allows engineering contractors, owner operators and ship builders to work safer, more efficiently and with less risk throughout the life cycle of their projects and operations. For further information please visit