Feb 06 2013
Sunderland, UK-based Software-as-a-Service construction collaboration technology vendor 4Projects has been acquired (for an undisclosed amount) by Portland, Oregon-based financial systems vendor Viewpoint Construction Software. Almost exactly a year after I talked to Viewpoint executives about their aspirations for the US enterprise resource planning software company (see ERP vendor Viewpoint viewing collaboration space), the 4Projects acquisition was announced to …
Permanent link to this article: https://extranetevolution.com/2013/02/uk-exclusive-4projects-acquired-by-us-erp-vendor-viewpoint/
Dec 09 2009
“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
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/
Sep 22 2008
The Australian business press (eg: Melbourne’s The Age, Australian IT, MIS Australia, Smart Company Briefing) has been busy reporting news that Australia-based SaaS-based construction collaboration technology vendor Aconex has secured a AU$107.5m (£48.8m) private equity investment (see also Aconex news release and listen to ZDnet Australia podcast). Not since the reckless days of the dot.com …
Permanent link to this article: https://extranetevolution.com/2008/09/aconex-gets-private-equity-injection/
Aug 29 2008
UK SaaS-based construction collaboration technology vendor 4Projects is looking to establish bases in the US and Canada, reports north-east England regional newspaper The Journal. A year after its private equity-backed MBO (see post), marketing director Duncan Mactear says “We have continued to increase revenue, turnover and most importantly for the region, we have increased the …
Permanent link to this article: https://extranetevolution.com/2008/08/4projects-to-open-us-and-canada-bases/
Jul 14 2008
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
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/
May 23 2008
Styles & Wood, UK retail fit-out specialist and parent of online construction collaboration provider Storedata, has issued a trading update, saying that “the Group’s Order Book has fallen behind its expectations”, indicating its targets for the half year ending 30 June 2008 will not be reached, with full year performance likely to be line with that achieved in …
Permanent link to this article: https://extranetevolution.com/2008/05/styles-wooduk-retail-fit-out-specialist-and-parent-of-online-construction-collaboration-provider-storedata-has-issued-a-trading-update-saying-that-the-groups-order-book-has-fallen-behind-its-expectati/
Nov 12 2007
UK construction collaboration vendor 4Projects has lodged its annual report and accounts for the year ended 31 March 2007 with Companies House (the figures were also reported by UK trade newspaper Contract Journal). The results relate to the last full financial year before the management buyout of 4Projects Holdings Ltd (see MBO at 4Projects) in July. …
Permanent link to this article: https://extranetevolution.com/2007/11/4projects-boost/
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