The latest consolidation in the global SaaS construction collaboration marketplace has seen Reading, UK-based GroupBC acquired by the US giant AEC software vendor Bentley Systems for an undisclosed amount. Jointly announcing the deal today (11 March 2020 news release), Bentley Systems says the two companies’ software solutions have been deployed for complementary purposes to improve project …
Tag: Eque2
Permanent link to this article: https://extranetevolution.com/2020/03/bentley-buys-groupbc/
Jan 10 2018
New CEO at GroupBC
Reading, UK-based SaaS collaboration vendor GroupBC has appointed construction software industry veteran Wes Simmons as its CEO. He succeeds Sanjeev Shah, who is taking on a new role in developing GroupBC’s strategic industry partnerships (see GroupBC news release). Simmons was until recently managing director of construction ERP vendor Eque2, where he grew the business from …
Permanent link to this article: https://extranetevolution.com/2018/01/new-ceo-at-groupbc/
Jul 21 2016
Union Square acquired by Deltek
In an echo of an earlier US/UK acquisition in the construction IT space, ERP vendor Deltek has acquired UK project management software vendor Union Square. Mostly, ExtranetEvolution focuses on Software-as-a-Service solutions and related applications in the architecture, engineering and construction sector. However, I do keep an eye on vendors whose software solutions occasionally either compete …
Permanent link to this article: https://extranetevolution.com/2016/07/union-square-acquired-by-deltek/
Nov 27 2014
New era for Business Collaborator after MBO
SaaS construction collaboration pioneer Business Collaborator is set for a new lease of life as a £4m management buy-out changes its relationship with UNIT4 and promises a new push on BIM. After years of working as a subsidiary of other businesses, the management team at Software-as-a-Service vendor Business Collaborator, led by MD Sanjeev Shah and largely …
Permanent link to this article: https://extranetevolution.com/2014/11/new-era-for-business-collaborator-after-mbo/