Sep 22 2020
Bentley Systems has revised the targeted price range for its upcoming initial public offering (IPO), which could value the company at about US$5.49 billion (c. £4.28 billion or €4.68 billion). US-based architecture, engineering and construction software and services provider Bentley announced in August 2020 (Bentley raises IPO prospect again) that it had filed a registration …
Permanent link to this article: http://extranetevolution.com/2020/09/bentley-ipo-aims-5-5-billion-valuation/
Aug 24 2020
On Friday 21 August 2020, US-based engineering design and collaboration software-as-a-service vendor Bentley Systems announced it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class B common stock. The shares of Class B common stock to be sold in the offering will …
Permanent link to this article: http://extranetevolution.com/2020/08/bentley-raises-ipo-prospect-again/
Mar 24 2020
US construction collaboration SaaS technology provider Procore planned to offer its shares on the New York Stock Exchange in the near future, but its plans could be undermined by the coronavirus pandemic. On 28 February 2020, California, US-based construction collaboration SaaS technology provider Procore filed registration documents with the US Securities and Exchange Commission relating …
Permanent link to this article: http://extranetevolution.com/2020/03/procore-ipo-prolonged-coronavirus-lockdown/
Mar 16 2018
Shares in the Dublin-based mobile commissioning and handover technology specialist Zutec are now being traded on the Nasdaq First North stock exchange. Ireland-based cloud construction technology provider Zutec has successfully launched its shares on Sweden’s Nasdaq First North stock exchange, raising SEK42.1m (c £3.68m, €4.17m or US$5.14m). Dealings in Zutec Holding AB started yesterday (15 …
Permanent link to this article: http://extranetevolution.com/2018/03/zutec-raises-5m-via-nordic-ipo/
Nov 14 2016
Bentley alliance with Siemens re-emphasises the importance of the cloud and a “connected data environment”. The recent Bentley Year in Infrastructure conference in London passed with hardly a mention of the Initial Public Offering (IPO) first mooted in July 2015 – on 2 November, for the second year running, CEO Greg Bentley dampened IPO speculation, …
Permanent link to this article: http://extranetevolution.com/2016/11/bentley-and-siemens-agree-strategic-alliance/
Feb 20 2015
Aconex, which listed on the Australian Stock Exchange in December, has just reported results for the half-year to 30 December 2014. The Melbourne-based SaaS collaboration software business saw total revenues climb 19%, ahead of forecasts, to Au$38.1m (£19.4m or US$29.8m). The company was also ahead of break-even, reporting a Au$0.5m EBITDA, again ahead of its …
Permanent link to this article: http://extranetevolution.com/2015/02/a-rosy-aconex-financial-update/
Dec 09 2014
Aconex shares dip on their first day of ASX trading. Sally Rose in The Australian Financial Review says Aconex’s “bold decision to downsize its initial public offer has been vindicated as the right call.” Despite lifting on its debut into a falling market, the stock quickly slipped below the offer price (see The Australian too). Shares …
Permanent link to this article: http://extranetevolution.com/2014/12/aconex-shares-slip-slightly-on-asx-debut/
Dec 08 2014
Pre-IPO, SaaS construction collaboration technology vendor Aconex is focusing on emerging technology trends, and eyeing potential acquisitions. On the eve of its Australian Stock Exchange debut (post), Melbourne-based SaaS construction collaboration technology provider Aconex has started to look to the next phase in its growth strategy, targeting emerging technology trends, and already eyeing potential acquisition targets. …
Permanent link to this article: http://extranetevolution.com/2014/12/aconex-to-offer-free-bim-module/
Dec 02 2014
Viewpoint subsidiary 4Projects expands its mobile functionality by acquiring ‘best-in-class’ Mobile Computing Solutions Priority1. 4Projects, the Newcastle, UK-based SaaS construction collaboration subsidiary of Viewpoint Construction Software, has acquired, for an undisclosed amount, Swansea-based construction mobile technology specialist Mobile Computing Systems, developer of the Priority1 site solution. The acquisition was announced to staff and customers yesterday …
Permanent link to this article: http://extranetevolution.com/2014/12/4projects-acquires-mcs-priorty1/
Nov 21 2014
Aconex’s IPO prospectus delivers a wealth of information, but there are some omissions too. I have been browsing through the IPO Prospectus (sent to me – thanks! – by an Australian contact) published on 17 November to support SaaS construction collaboration vendor Aconex‘s on-off-on-again flotation. The exit of private equity partner Francisco Partners is significant, I think, but …
Permanent link to this article: http://extranetevolution.com/2014/11/aconexs-ipo-prospectus-reviewed/
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