Category: Vendors

Aug 08 2007

Suster leaves Salesforce.com

By Paul Wilkinson in Business/Financial, Collaboration, People issues, Vendors
8 August 2007

Mark Suster, one-time CEO of UK construction collaboration vendor BuildOnline (now CTSpace) has apparently left on-demand CRM business Salesforce.com, only four months after it acquired his Koral business (see post). I’ve seen it rumoured (Twitter) that Mark has joined a venture capital firm in Los Angeles.

BuildOnline, CTSpace, Koral, Mark Suster, VC
1 comment

Permanent link to this article: https://extranetevolution.com/2007/08/suster-leaves-s/

Aug 06 2007

Valuing a SaaS business

By Paul Wilkinson in Collaboration, Extranet/CDE, SaaS, Vendors
6 August 2007

Last week, I briefly speculated on how you value an IT business, skimming across several alternative approaches before focusing on the ‘precedent’ approach in the context of UK construction collaboration software vendor 4Projects’ MBO. I did suggest being a Software-as-a-Service (SaaS) business might improve its valuation, but I didn’t know by how much. Over the weekend, however, …

4Projects, AEC, collaboration, Construction, extranet vendor, SaaS, Software-as-a-Service, UK

Permanent link to this article: https://extranetevolution.com/2007/08/valuing-a-saas/

Aug 03 2007

Causeway acquires Elstree Computing

By Paul Wilkinson in AEC, Collaboration, Future, Vendors
3 August 2007

With my July holiday and the MBO at 4Projects, another event in the UK construction computing world almost slipped under my radar. Causeway Technologies (vendor of Causeway Collaboration) acquired Elstree Computing (ECL – with its own Information Manager document management and collaboration solution) last month (see Causeway news release). “With over 2,000 customers and employing 150 …

AEC, Causeway Technologies, collaboration, ECL, Elstree Computing, UK
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Permanent link to this article: https://extranetevolution.com/2007/08/causeway-acquir/

Aug 03 2007

More on the 4Ps MBO

By Paul Wilkinson in AEC, Collaboration, Extranet/CDE, SaaS, Vendors
3 August 2007

This week’s management buy-out of 4Projects was reported in north-east England newspaper The Journal this week. The 1 August report, Wear IT specialist out to double its revenue, adds little to the news releases on 4Projects‘ and August Equity‘s websites, though it does revise last year’s turnover figure downwards by £200k to £3.2m from that previously reported in …

4Projects, collaboration, Construction, extranet, UK, vendor
1 comment

Permanent link to this article: https://extranetevolution.com/2007/08/more-on-the-4ps/

Aug 02 2007

MBO at 4Projects (3)

By Paul Wilkinson in AEC, Collaboration, Extranet/CDE, Marketing, SaaS, Vendors
2 August 2007

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. …

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Permanent link to this article: https://extranetevolution.com/2007/08/mbo-at-4proje-1/

Aug 01 2007

MBO at 4Projects (2)

By Paul Wilkinson in AEC, Collaboration, Extranet/CDE, Future, Vendors
1 August 2007

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

By Paul Wilkinson in Collaboration, Extranet/CDE, People issues, SaaS, Vendors
31 July 2007

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”

By Paul Wilkinson in AEC, Collaboration, Extranet/CDE, Functionality, Future, Marketing, Vendors
30 July 2007

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?

By Paul Wilkinson in AEC, Collaboration, Extranet/CDE, Marketing, Vendors
30 July 2007

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 …

AEC, AJ, Construction News, Emap, NCE, Project Extranet, UK

Permanent link to this article: https://extranetevolution.com/2007/07/emap-construct-2/

Jul 20 2007

More on email (and Newforma)

By Paul Wilkinson in AEC, Collaboration, Extranet/CDE, Functionality, Marketing, People issues, SaaS, Vendors
20 July 2007

I am a keen reader of Lachmi Khemlani’s AECbytes newsletter, particularly for the insights into what is going on in the USA, and the latest issue is a good example. Lachmi writes about attending ZweigWhite’s AEC Technologies Strategies conference, held in Las Vegas on 7-8 June. As well as some interesting case studies on building …