Munich, Germany-based Software-as-a-Service construction technology provider thinkproject has acquired 100% of Auckland, New Zealand-based RAMM Software. RAMM is an established SaaS player in the Australasian market for highway asset management and operations, and the deal (no value given) will help thinkproject expand its reach to infrastructure clients and into the APAC region.
RAMM Software
Founded in 1991 and based in Auckland, New Zealand with an additional office in Sydney, Australia, RAMM Software is a leader in asset, work, and field management cloud software to local governments, national authorities, consultants, and contractors throughout Australia, New Zealand, and Fiji. A 40-strong business, RAMM says its open and flexible architecture allows the expansion from the road maintenance and operations industries into other asset types in the near future. RAMM serves aroster of APAC clients, including New Zealand’s state-owned highway owner, the NZ Transport Agency, every local government council in New Zealand and all of their road maintenance suppliers, over 120 local governments in Australia, and the Fiji Roads Authority.
Deal rationale
Through this acquisition, thinkproject furthers its international expansion, already servicing clients in over 50 countries around the world. RAMM Software adds to thinkproject’s growing presence in the APAC region, following the opening of its Hong Kong office in 2018. Strategically, it says this deal is the next step in realising its vision of being a global leader in construction intelligence, enabling better industry results.
thinkproject CEO Gareth Burton says:
“We are very excited to add RAMM’s asset management products to our platform of solutions for the built environment as this strengthens our ‘Design in our platform, Build in our platform, and Operate in our platform’ promise to clients. The addition of the 40 strong RAMM team will bring even more industry and platform knowledge to our teams.”
RAMM Software’s general manager, Graeme Norman, will continue with the company in the role of thinkproject regional manager for Australia and New Zealand. He says:
“Being brought into the thinkproject fold is an exciting time for us, because it will allow the Australasian team to continue developing the RAMM solution suite while also being able to leverage thinkproject’s suite of integrated SaaS solutions to meet existing and new client needs”.
The deal is thinkproject’s first in Australasia and its first outside Europe. Previous acquisitions have predominantly been in the group’s core market in mainland Europe, though it did acquire the UK-based construction contract change management specialist CEMAR in May 2018 (post) – a solution with a growing user base in the APAC region.
