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New Deal


Announced

Autodesk to acquire Assemble Systems.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
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Tags

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United States

erp software

Private

Single Bidder

saas

Friendly

Acquisition

Software

Synopsis

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Autodesk announced the acquisition of Salem, Massachusetts-based Assemble Systems. Assemble Systems provides a SaaS solution that enables construction professionals to condition, query and connect BIM data to key workflows across bid management, estimating, scheduling, site management and finance. Over time, Assemble Systems' solution will be integrated with Autodesk's new BIM 360 project management platform. "I welcome the Assemble Systems team to the Autodesk family, as part of our efforts to digitize and improve the construction industry," said Andrew Anagnost, president and CEO of Autodesk. "We are connecting project data from design through construction, creating the cloud-enabled tools necessary to make the critical preconstruction phase of a project more predictable and profitable."

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