Bain capital bagged a fortune as an oregonbased software company it owned fired workers. Bain capital invests across a range of industry sectors and geographic regions. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Viewpoints software helps construction companies and contractors. Kirkland represents bain capital and viewpoint in sale of. Trimble to acquire viewpoint to create the industrys viewpoint. Symantec, viewpoint construction software, vertafore, and waystar. Jul 02, 2015 last year, viewpoint construction software announced bain capital has made an equity investment in the business. Viewpoint expects little change after acquisition daily. Viewpoint construction software, an oregon company that provides software to the construction industry, said that bain capital, a bostonbased investment firm, has made a major growth equity. The acquisition comes almost exactly four years after bostonbased private equity firm bain capital.
Rocket software announces investment by bain capital. Oct 08, 2018 waltham, ma, october 8, 2018 rocket software, a global technology provider and leader in developing and delivering enterprise modernization and optimization solutions, today announced the signing of a definitive agreement for bain capital private equity to acquire a majority stake in the company. This copy is for your personal, noncommercial use only. Bain capital and capital innovators are the most recent investors. Apr 26, 2018 viewpoint construction software was founded in 1976. Viewpoint technology sector ta a private equity firm. Viewpoint construction software, a leading provider of innovative software solutions and services to the construction industry, announced that bain capital, one of the worlds foremost privatelyheld alternative investment firms, has made a major growth equity investment in the business designed to extend viewpoints. Trimble to acquire viewpoint to create the industrys most. Bain, the big private equity firm, is expected to announce on tuesday that it has agreed to invest in viewpoint construction software, a company that makes software. Apr 23, 2018 trimble to acquire viewpoint to create the industrys most complete construction management solution. Bain capital stylized as baincapital is an american private investment firm based in boston, massachusetts. The buyer is publicly traded technology company trimble. Rocket software announces investment by bain capital private. Apr 22, 2014 bain capital has made an undisclosed investment in viewpoint construction software.
Bain subsequently acquired the rest of the business. Goodwin advises viewpoint on major investment from bain. Portland construction software firm viewpoint is being acquired. Viewpoint is a provider of scalable construction management software.
With viewpoint construction software, bain capital is demonstrating its willingness to make investments that are smaller than the leveraged. Bain, the big private equity firm, is expected to announce on tuesday that it has agreed to invest in viewpoint construction software, a company that makes software for the construction industry. Viewpoints competitors, revenue, number of employees. Viewpoint unveils new service tech mobile application at ahr expo 2020. Viewpoint is a global provider of innovative constructionspecific software solutions and services for the aec and asset owner markets. Goodwin procter attorneys advised viewpoint construction software in connection with bain capitals recent significant growth equity investment in the company. Goodwin procter attorneys advised viewpoint construction software in connection with bain capital s recent significant growth equity investment in the company. Waltham, ma, october 8, 2018 rocket software, a global. Last year, viewpoint construction software announced bain capital has made an equity investment in the business.
How much of this is the bain capital influence is unclear. Viewpoint construction software has translated over 30 years of intense focus and. The purchase price is expected to be funded through a combination of cash on hand and new indebtedness. Apr 23, 2018 portland construction software firm viewpoint is being acquired by californiabased trimble inc. Bain capital bagged a fortune as an oregonbased software. Waltham, ma, october 8, 2018 rocket software, a global technology provider and leader in developing and delivering enterprise modernization and optimization solutions, today announced the signing of a definitive agreement for bain capital. Viewpoint is owned by bain capital, which acquired a majority stake in the company back in 2014. Apr 08, 2020 trimble said the viewpoint deal, and a prior acquisition of another company called ebuilder, gives it an expanded set of technology products for the construction industry. April 22, 2014 viewpoint construction software, a leading provider of innovative software solutions and services to the construction industry, announced that bain capital private equity, one of the worlds foremost privatelyheld alternative investment firms, has made a major growth equity investment in the business designed to extend viewpoint s reach in the global. Trmb and construction management software leader, announced today the release of its service tech app for service contractors that enables greater speed and integration between office and field. Viewpoint announces major investment from bain capital to. Existing viewpoint investors ta associates and updata partners sold their interests in the company.
Orth worked closely with bain capital, owners of viewpoint, culminating in an acquisition by trimble in. Bain goes off script for its latest deal the new york times. Skillsoft, sungard data systems, symantec, viewpoint construction software, vertafore, and waystar. Bain capital invests in viewpoint construction software. Rocket software announces investment by bain capital private equity. Trimble said the viewpoint deal, and a prior acquisition of another company called ebuilder, gives it an expanded set of technology products for the construction industry. April 22, 2014 viewpoint construction software, a leading provider of innovative software solutions and services to the construction industry, announced that bain capital private equity, one of the worlds foremost privatelyheld alternative investment firms, has made a major growth equity investment in the business designed to extend viewpoints reach in the global. Portland construction software firm viewpoint bought by. Apr 22, 2014 viewpoint construction software announced that bain capital, one of the worlds foremost privatelyheld alternative investment firms, has made a major growth equity investment in the business designed to extend viewpoints reach in the global construction market. Software project directions would change on a whim. Bain capital tech opportunities was created in 2019 to make investments in technology companies, particularly in enterprise software and cybersecurity. Viewpoint construction software s corporate offices in southeast portland. Software demand continues to surge across all industry verticals, and viewpoint has accelerated technology.
Apr 23, 2018 acquisition of construction management software provider will expand addressable market and enhance revenue growth. Goodwin advises viewpoint on major investment from bain capital. Trimble to acquire viewpoint construction management software. With offices on four continents, our global team aligns our interests with those of our investors and partners for lasting impact. Portland construction software firm viewpoint is being acquired by californiabased trimble inc. View norbert orths profile on linkedin, the worlds largest professional community. Systems, symantec, viewpoint construction software, vertafore, and waystar. Viewpoint s competitors, revenue, number of employees, funding and acquisitions. We are pleased to have had the opportunity to work with the viewpoint team to grow the business and to extend their leadership position globally, and we are confident trimble will be a good home for viewpoint and its employees and customers, said david humphrey, a managing director at bain capital private equity. Portland construction software firm viewpoint is being. Oct 10, 2017 i found the place unfriendly and disorganized. Bain capital invests in viewpoint construction software pe hub. Trimble to acquire viewpoint to create the industrys. Viewpoint construction software has translated over 30 years of intense focus and collaboration with the construction industry into a rocksolid software platform that helps construction professionals efficiently manage all areas of finance and operations.
Since our founding in 1984, weve applied our insight and experience to organically. Trmb announced today it has entered into a definitive agreement to acquire privatelyheld viewpoint from bain capital in an all. Bain capital has made an undisclosed investment in viewpoint construction software. Viewpoint construction software to be acquired by trimble. Feds probe bainowned software firm over age discrimination. Now, federal authorities allegedly are probing whether those firings broke the law. This comes on the heels of a number of acquisitions and is impacting how construction uses technology. Viewpoint construction software announced that bain capital, one of the worlds foremost privatelyheld alternative investment firms, has made a major growth equity investment in the business designed to extend viewpoint. California firm acquires viewpoint construction software for. Acquisition of construction management software provider will expand addressable market and enhance revenue growth.
To order presentationready copies for distribution to your colleagues, clients or. Portland construction software firm viewpoint acquired in. Viewpoint, of portland, provides scalable construction management software. California firm acquires viewpoint construction software. Since viewpoint was founded in 1976, it has participated in 3 rounds of funding. Viewpoint is owned by bain capital, which acquired a. Bain capital, lp is one of the worlds leading multiasset alternative investment firms. Viewpoint announces major investment from bain capital.
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