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New Deal


Announced

Autodesk acquired BuildingConnected for $275m.

Financials

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Transaction Value£217m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

construction services

Online and Social Platforms

online platform

Private

Synopsis

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Autodesk, an American multinational software corporation, acquired BuildingConnected, which operates a construction communication platform, for $275m. This acquisition will add bid management, risk analysis and other preconstruction solutions to Autodesk's construction portfolio. In addition, BuildingConnected's network presents an opportunity to create a robust digital marketplace for construction goods and services.

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