Jun 30 2017
think project! rebrands French subsidiary hoping to accelerate expansion in Europe. Lascom AEC, the Paris, France-based provider of PLM (project and plant lifecycle management) acquired by the Munich, Germany-based construction collaboration Software-as-a-Service technology provider think project! Group in September 2015 is being rebranded to think project! France. The move will strengthen the think project! brand and, the …
Permanent link to this article: http://extranetevolution.com/2017/06/think-project-raises-french-profile/
May 10 2017
Expansion in Europe helped Germany’s think project! grow its 2016 revenues by around 17%, and its CEO plans to accelerate international growth. think project!, the Munich, Germany-based provider of Software-as-a-Service collaboration and information management software to the construction and engineering industries, recorded a 35% increase in sales in the year to 31 December 2016. It …
Permanent link to this article: http://extranetevolution.com/2017/05/think-project-sales-up-35-in-2016/
Feb 08 2017
In January 2017, TA Associates, a leading global growth private equity firm, announced it has completed an investment in Munich, Germany-based think project!, a provider of cross-enterprise collaboration and information management software to the construction and engineering industries. Financial terms of the transaction were (unfortunately) not disclosed. J. Morgan Seigler, a managing director at TA …
Permanent link to this article: http://extranetevolution.com/2017/02/think-project-attracts-new-investment/
Oct 24 2016
Think Project! CEO Thomas Bachmaier is optimistic about his business’s prospects in the increasingly competitive European SaaS construction collaboration technology market. The Munich, Germany-based company is now facing stronger competition in its core markets following the acquisition of key competitor Conject by the international market leader Aconex in March 2016, but has been busy expanding …
Permanent link to this article: http://extranetevolution.com/2016/10/think-project-strengthens-european-base/
Oct 04 2016
Rationalisation of the European construction collaboration market has taken another step forward. Munich, Germany-based vendor think project! has announced that it has acquired 100% of the shares of another (smaller) German vendor, Cologne-based Conetics AG. According to the think project! news release, Conetics AG was established in 2000 in North Rhine-Westphalia, Germany, as a spin-off of …
Permanent link to this article: http://extranetevolution.com/2016/10/think-project-acquires-conetics/
Sep 27 2016
Munich, Germany-based SaaS construction collaboration technology vendor think project! has established a joint venture with Madrid-based ProjectCenter to target customers in Spain, Portugal and Latin America. According to a think project! news release, it will hold a majority stake in think project! Iberia. ProjectCenter back story As previously described (March 2013 post), ProjectCenter started life in …
Permanent link to this article: http://extranetevolution.com/2016/09/think-project-targets-spain-in-jv-with-projectcenter/
Jun 20 2016
Almost exactly three months after Aconex acquired the Germany-based Conject business (post), the latter’s near-neighbour in Munich, think project!, has acquired 70% of its Austrian sales partner i-pm GmbH. Founded in 2004 and solely marketing think project!’s SaaS-based construction collaboration across Austria, i-pm will shortly rebrand to become think project! Österreich (Austria). MD Michael Jug …
Permanent link to this article: http://extranetevolution.com/2016/06/think-project-acquires-austrian-sales-partner/
Apr 25 2016
Germany’s think project! SaaS platform now offers a Google Map interface and a BIM starter pack. Munich, Germany-based SaaS project platform provider think project! has released a new version of its cross-enterprise collaboration solution. Version 8 makes it possible to easily view comprehensive project data via MapDash – a new visual interface for the presentation …
Permanent link to this article: http://extranetevolution.com/2016/04/think-project-adds-mapdash-interface/
Mar 21 2016
While Conject reassures its customers, competitors (past and present) react to Aconex’s acquisition of the Europe-based SaaS collaboration vendor. After the 17 March 2016 announcement of Conject‘s acquisition by Aconex, the UK business’s managing director Steve Cooper sought to reassure the company’s SaaS construction collaboration customers and users about the business’s future. In an email (18 March), he …
Permanent link to this article: http://extranetevolution.com/2016/03/aconex-acquires-conject-industry-reacts/
Mar 17 2016
In the biggest deal yet seen in the construction SaaS market, the Melbourne, Australia-based collaboration technology provider Aconex has acquired Munich, Germany-based rival Conject for A$96m (c. €65m or £51m or US$73.3m). Aconex announced the agreement to acquire Conject Holding GmbH earlier today, along with its intention to launch a fully underwritten placement to raise approximately A$120m …
Permanent link to this article: http://extranetevolution.com/2016/03/aconex-acquires-conject/
