Jul 06 2021
Procore is expanding into the Middle East and North Africa through a strategic partnership with its Abu Dhabi-based investor Mubadala. Some six weeks after the May 2021 initial public offering (IPO) of its shares on the New York Stock Exchange (post), US-based construction management Software-as-a-Service (SaaS) provider Procore has continued its international extension. It has …
Permanent link to this article: http://extranetevolution.com/2021/07/procore-expands-middle-east-north-africa/
Jul 06 2021
Stuttgart, Germany-based RIB Software − since July 2020 part of French multinational Schneider Electric (post) − has announced that René Wolf will become managing director and CEO of the company with effect from 1 February 2022, succeeding Tom Wolf, who will step down as MD on 31 March 2022. René Wolf, 47, has many years of …
Permanent link to this article: http://extranetevolution.com/2021/07/rib-software-leadership-changes/
Jun 29 2021
UK construction technology vendor Causeway plans strategic acquisitions and accelerated organic growth following £120 million Rothschild private equity injection. Causeway, the Buckinghamshire, UK-based construction technology group, has secured a £120 million (c US$166m or €139m) investment from Five Arrows Principal Investments (the European corporate private equity arm of Rothschild & Co). The company says the …
Permanent link to this article: http://extranetevolution.com/2021/06/causeway-secures-120m-expand/
Jun 23 2021
Since buying Seequent in March, Bentley Systems has added several more software businesses to its portfolio, including an India-based mobile project controls business, Nadhi, and two IoT specialists. Bentley Systems has continued to expand its portfolio in recent months. Since investing around $900m in New Zealand-based geoscience modelling software provider, Seequent (post) in March 2021, …
Permanent link to this article: http://extranetevolution.com/2021/06/bentley-systems-busy-buying-spree/
Jun 11 2021
US AEC SaaS player Procore raised over $600m in its May 2021 IPO, but its global ambitions face significant competition. In February 2020, US-based construction Software-as-a-Service (SaaS) provider Procore filed its intention to make an initial public offering of its shares on the New York Stock Exchange. But the onset of the global COVID-19 pandemic …
Permanent link to this article: http://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/
Jun 09 2021
Rennes, France-based Script & Go is looking to establish itself in the UK with a new focus on the house-building sector, capitalising upon its strong experience in this sector in France. Based in Rennes in north-west France, Script & Go, previously best known in the UK for its Site Diary application (Script&Go’s Site Diary revamped …
Permanent link to this article: http://extranetevolution.com/2021/06/scriptgo-relaunch-uk-housebuilder/
Jun 08 2021
Now a subsidiary of a VC-backed Swedish ERP business, Checkd enjoyed its best ever year in 2020, and is looking to continue its 50% year-on-year growth. Since first featuring in Extranet Evolution in January 2015 (Checkd mobile checked out), the Norwegian mobile-first and Software-as-a-Service (SaaS) construction application provider Checkd has, despite BIM advances, continued to …
Permanent link to this article: http://extranetevolution.com/2021/06/checking-checkd/
Jun 07 2021
US-based Corecon Technologies has continued upgrading its cloud-based construction estimating, project management and job cost software suite. California, US-based construction software-as-a-service (SaaS) provider Corecon Technologies has completely rebuilt its TeamLink Portal for use with its cloud-based construction estimating, project management and job cost software suite. For Corecon subscribers, the portal connects internal and external project …
Permanent link to this article: http://extranetevolution.com/2021/06/corecon-upgrades-project-team-portal/
Jun 07 2021
The Nemetschek Group has participated in a series A financing round of the fast-growing German contech startup Sablono, while also expanding its own SaaS operations. Berlin, Germany-based Sablono, described by Nemetschek as a “market leader in digital lean technology for construction enterprises”, raised €5.3 million, and plans to accelerate its international growth (read news release). …
Permanent link to this article: http://extranetevolution.com/2021/06/nemetschek-invests-sablono/
Jun 06 2021
April 2021’s NBS Construction Leaders’ Summit focused on the Construction Playbook, the climate emergency, building safety and the role of digital technologies across all three. Following its successful online Construction Leaders’ Summit in October 2020, Newcastle, UK-based technology and information services provider NBS (now owned by Byggfakta) held a follow-up event, again over two days, …
Permanent link to this article: http://extranetevolution.com/2021/06/nbs-summit-accelerating-digital-transformation/
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