TUSCALOOSA, AL – Planit, a global provider of CAD/CAM software, announced December 1 a change to the company’s ownership. Planit is now part of the private sector, having been publicly traded on the London exchanges since 1998. The change in ownership was facilitated through funding from August Equity Limited, HSBC Bank PLC and members of the U.K. and U.S. senior management team. Former COO Bryan Pryce will now serve as CEO of Planit Holdings Ltd.

“This represents a very positive move for the company and provides us with the ideal platform from which to grow and develop the business through our staff and leading brands,” said Pryce. “We are now extremely well placed to capitalize on numerous opportunities offered…throughout our global markets and territories.”

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