So how much did the August-backed management team at 4Projects pay for the business (see previous post)? No figure was quoted in the release, and there are no hard and fast rules that we can apply. Business valuation is something of a mixture of art and science, with several ways to estimate a fair price. …
Category: Extranet/CDE
Permanent link to this article: https://extranetevolution.com/2007/08/mbo-at-4proje-1/
Aug 01 2007
MBO at 4Projects (2)
Not being a financial wizard, I have been doing some research on what is involved in a management buy-out, so that I understand the implications of yesterday’s 4Projects announcement better. Wikipedia’s MBO entry yields some interesting background on private equity-backed MBOs: “The private equity investors will invest money in return for a proportion of the shares in …
Permanent link to this article: https://extranetevolution.com/2007/08/mbo-at-4project/
Jul 31 2007
MBO at 4Projects
There has been a momentous announcement from UK construction collaboration technology vendor 4Projects today: 4Projects Holdings Ltd has been bought by its management team, led by MD Richard Vertigan and finance director Steve Nelson, with the support of a private equity firm, August Equity LLP. 4Projects was previously a subsidiary of the Leighton media group, …
Permanent link to this article: https://extranetevolution.com/2007/07/mbo-at-4project-2/
Jul 30 2007
e-Builder makes its “major announcement”
I wrote last month about US construction collaboration vendor e-Builder and its impending major announcement. I waited well into July to see what this would be, but nothing appeared on the e-Builder website until just over a week ago when a release finally appeared, backdated to 29 June. e-Builder announced “the launch of e-Builder Enterprise 6.0, …
Permanent link to this article: https://extranetevolution.com/2007/07/e-builder-makes/
Jul 30 2007
Emap Construct titles to move?
Like some of my counterparts at rival UK construction collaboration vendors, I have enjoyed working with one-time marketing director (now strategy and development director) Ross Sturley and his colleagues at Emap Construct, publisher of trade papers Construction News, New Civil Engineer and Architects’ Journal (among others) and past organiser of ‘project extranet’ conferences. I was …
Permanent link to this article: https://extranetevolution.com/2007/07/emap-construct-2/
Permanent link to this article: https://extranetevolution.com/2007/07/more-on-email-a/
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Jul 05 2007
ShareWorkz: intranet and extranet collaboration
I, and several of my colleagues, have received emails from Microsoft VAR ICS Solutions about ShareWorkz, described as “a functionally rich, best practice intranet and extranet collaboration platform, based on Microsoft SharePoint technology, that enables you to build a collaboration solution in less than one hour”. While it describes itself as “a world first”, I guess …
Permanent link to this article: https://extranetevolution.com/2007/07/shareworkz-intr/
Jul 05 2007
Promotion for Nathan
UK construction collaboration vendor Asite announced yesterday the promotion of my friend Nathan Doughty, previously the firm’s chief technology officer, to the position of chief operating officer. I have got to know Nathan quite well through meetings of the NCCTP, where Asite is this year’s chairman. Another announcement says Nathan has also joined the board …
Permanent link to this article: https://extranetevolution.com/2007/07/promotion-for-n/
Jul 02 2007
“Entry-level” collaboration
Just over a week after the previous one (see post), a second news release has appeared on Asite‘s website telling how a further customer has opted for its low-cost Asite Workspace solution, launched late last year. Engineering and environmental consultancy Wardell Armstrong LLP has become the latest to select Asite Workspace, using the tool for …
Permanent link to this article: https://extranetevolution.com/2007/07/entry-level-col/





