January 2025
Financial advisor to Bluestar PLM in the sale to Volpi Capital
ATRIUM served as exclusive financial advisor to Bluestar PLM in the sale to Volpi Capital.
Bluestar PLM is an independent software vendor (ISV), and Microsoft partner founded in 2001 in Denmark. The company specializes in the development, sales, and implementation of product lifecycle management (PLM) software solutions that are fully embedded in Microsoft Dynamics 365 for Finance and Operations. The Bluestar PLM solution connects engineering data from CAD with enterprise data in ERP, solving specific needs for manufacturers worldwide operating in Engineer-to-order (ETO), Configure-to-order (CTO), and repetitive manufacturing.
Volpi Capital is a London-based private equity firm investing in high growth, tech-enabled B2B businesses across Northwest Europe, focusing on core business software, cloud and application services, and smart mobility solutions. Founded in 2016, Volpi Capital successfully closed its third fund in July 2024.
With the acquisition, Volpi Capital becomes the strategic partner for Bluestar PLM, supporting the next phase of its global expansion.
"ATRIUM Partners has been an invaluable partner in our process of finding a new owner for Bluestar PLM. With their extensive experience in software transactions, they guided us safely across the finish line and helped us secure the right partner — one who can drive the company in the right direction and further unlock the significant potential of our PLM solutions."
Jørgen Schiønning Larsen, owner and CEO, Bluestar PLM