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New Deal


Announced

Completed

Thoma Bravo-backed Foundation Software completed the acquisition of Estimating Edge Software.

Financials

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

Tags

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Majority

Private

Single Bidder

software developer

Domestic

Software

Private Equity

Friendly

Acquisition

United States

Completed

Synopsis

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Thoma Bravo-backed Foundation Software, a software developer, completed the acquisition of Estimating Edge Software, a developer of commercial construction estimating, project management tracking, and takeoff software. Financial terms were not disclosed. “We are excited to have Estimating Edge join the Foundation Software family of companies. The addition of their commercial construction estimating and takeoff products will allow us to move closer to the goal of becoming an all-in-one back-office solution for contractors. We’re looking forward to working with the Edge team and learning from their years of experience serving commercial specialty trade contractors. Together, we’ll be able to provide leading and proven software tools to both our clients and the industry as a whole," Mike Ode, Foundation Software CEO.

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