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Buyer for construction project management software company in Europe
Construction project management software company in Europe to buy
- Size: Small to large
- Revenue: 4-40 million EUR
- Employees: Not a decisive factor
- Location of the target: Europe
- Reason for acquisition: The company is a service provider for IT services. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
- #CFIE ITB043
Overview of the buyer for construction project management software company in Europe
The company is an international group active in providing software solutions for project management in the construction sector. It has operations globally and has plans to grow the business in Europe by acquiring other similar companies. The targets should ideally be large sized, with a good profitability rate being a key condition. The management of this buyer is very focused on the position the company plays which is construction project management software only. The geographic focus is set for all across Europe.
Profile (strategy) of the buyer for construction project management software company in Europe
The buyer company is active in developing software solutions for the construction sector. The buyer has extensive experience and knows the particular challenges this industry is facing, challenges such as delivering projects on time without exceeding the budget, the continuous increase in data volume due to the growth of the number of competitors involved, and the increasing complexity caused by regulatory and contractual requirements. As a consequence, there is a need for finding digital construction solutions that enable collaboration between enterprises and information management. The company builds process management solutions and information modeling systems as well as ERP interfaces for various business applications.
The company is a real partner for construction and engineering enterprises that need digital transformation. To help these entities in their projects, the buyer company developed a self-styled common data environment (CDE) which represents integrated collaboration and information management solutions that facilitate a project's beneficial development. This CDE represents for the project the singular source of information and is utilized for collecting, managing, and disseminating data and all project information no matter the format (both graphical or non-graphical) or the environment of creation. Through this channel, teams, processes, information and systems are connected. The whole project lifecycle is supported, and other mistakes or errors are avoided due to the close collaboration this environment enables between project teams. As an example, solutions for drawings can be gathered in the CDE where the cloud-based platform enables storage, management, and distribution of drawings in a very organized manner.
Other solutions are for documents, BIM (building information modeling), defects, photos, bid, and tender management. The technology used is very flexible, allows APIs integration and connectivity with various other systems or applications. These solutions can also be accessed from multiple devices or touchpoints. Industries for which the company's solutions are useful are building construction, infrastructure, civil engineering, and industrial construction.
Activities and products of the construction project management software target company
The company is looking to acquire a company that operates in construction software solution development and has similar services and products such as:
- Strategic and project consulting
- Best fit software solutions
- Project services on demand
- Technology development
- Service and support
- Cross-enterprise collaboration
- Value-added information
- Digital workflows and processes
- Field applications
- Overview and insights
- Online project collaboration
- Integrated data
Highlights of the buyer for construction project management software company in Europe
- The buyer is a global group operating in the construction software market
- The company uses ERP, cloud and SaaS technologies to increase efficiency
- The company has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and products
- The target company should be a large and profitable construction PM software enterprise
Information about this buyer for construction project management software company in Europe
Feel free to contact us for more information regarding this buyer for construction project management software company in Europe or if you know possible interested or suitable parties. For more buyers in the IT sector, please visit the section ITS companies wanted.
For companies for sale in the ITS or software industry, please feel free to visit the section ITS companies for sale
Note: CFIE only works with formal companies. We do get a lot of requests and it is difficult to follow up on all inquiries from visitors to our website. For each company, we assess the likelihood of a future transaction. We only get back to you if we see a realistic opportunity to do a future acquisition or business sale. In order to increase your chances of receiving a reply as an individual, please explain as much as possible about your personal background, strategy and fit with the target. There is also a possibility that your details will be kept on file and we will get back to you once there is an opportunity to do a transaction. CFIE can’t guarantee you will receive an answer to your request.