Having had a couple of days to research and reflect on yesterdays’s announcement of Viewpoint’s acquisition of 4Projects (post) and to discuss it with industry friends, I thought I’d try to sum up a few strands. Deal background While Viewpoint CEO Jay Haladay was somewhat coy about the the funding and terms of the deal …
Tag: August Equity
Permanent link to this article: https://extranetevolution.com/2013/02/reflections-on-the-4projects-acquisition/
Dec 09 2009
4Projects and profitability
“We’re not always given credit for the consistent profitability we’ve achieved for a business that received no early start-up funding.” I recently met Steve Nelson, finance director of UK construction collaboration technology vendor 4Projects, to learn more about the history of the company, its funding and the 2007 management buy-out (MBO) – the meeting took …
Permanent link to this article: https://extranetevolution.com/2009/12/4projects-and-profitability/
Sep 03 2009
Good numbers from 4Projects
Latest results, for the 12 months up to 31 March 2009, show that UK-based construction collaboration technology vendor 4Projects enjoyed its most successful year to date. According to the latest returns submitted to Companies House, revenues grew 24% to £5.502m (up from £4.420m in 2008 – see 4projects turnover up a third), while pre-tax profits …
Permanent link to this article: https://extranetevolution.com/2009/09/good-numbers-from-4projects/
Jul 14 2008
4Projects turnover up a third
According to a Contract Journal article, 4Projects enjoys surge in demand for IT software, the UK-based construction collaboration technology provider 4Projects lifted its turnover by more than a third to £4.4m (up from £3.218m) in the 12 months to 31 March 2008, generating a pre-tax profit of £1.145m (up from £0.553m), representing a margin of …
Permanent link to this article: https://extranetevolution.com/2008/07/4projects-turnover-up-a-third/
Jun 11 2008
Valuing SaaS businesses
Over the past year, I’ve mused a couple of times about what it might cost to acquire a construction collaboration SaaS business (see Valuing a SaaS business, for example, and CTSpace sold for just £6.5m). SaaS businesses are under the spotlight this week at the SIIA OnDemand Europe conference in Amsterdam, where Phil Wainewright took …
Permanent link to this article: https://extranetevolution.com/2008/06/valuing-saas-businesses/