Feds probe bainowned software firm over age discrimination. Viewpoint construction software has translated over 30 years of intense focus and. Portland construction software firm viewpoint bought by. Goodwin advises viewpoint on major investment from bain. Portland, orbased construction software company viewpoint construction software has agreed to be acquired by silicon valleybased trimble inc. Bain capital bagged a fortune as an oregonbased software company it owned fired workers. Kirkland represents bain capital and viewpoint in sale of.
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. Bain goes off script for its latest deal the new york times. Since viewpoint was founded in 1976, it has participated in 3 rounds of funding. Bain capital invests across a range of industry sectors and geographic regions. With offices on four continents, our global team aligns our interests with those of our investors and partners for lasting impact.
Software project directions would change on a whim. Trmb announced today it has entered into a definitive agreement to acquire privatelyheld viewpoint from bain capital in an all. 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. Apr 22, 2014 bain capital has made an undisclosed investment in viewpoint construction software.
Acquisition of construction management software provider will expand addressable market and enhance revenue growth. 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. Apr 23, 2018 trimble to acquire viewpoint to create the industrys most complete construction management solution. 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. Viewpoint construction software to be acquired by trimble. Existing viewpoint investors ta associates and updata partners sold their interests in the company. Viewpoint s competitors, revenue, number of employees, funding and acquisitions. Portland construction software firm viewpoint acquired in. Software demand continues to surge across all industry verticals, and viewpoint has accelerated technology.
How much of this is the bain capital influence is unclear. Goodwin advises viewpoint on major investment from bain capital. The entire technical leadership left within a short period after i started. Jul 02, 2015 last year, viewpoint construction software announced bain capital has made an equity investment in the business. Viewpoint is a bain capital backed industry leading global software company offering saas based erp, collaboration, project management, and mobile solutions operating in north america, europe and. Viewpoint technology sector ta a private equity firm. Bain capital bagged a fortune as an oregonbased software. Bain capital stylized as baincapital is an american private investment firm based in boston, massachusetts. Viewpoints software helps construction companies and contractors. Now, federal authorities allegedly are probing whether those firings broke the law.
With viewpoint construction software, bain capital is demonstrating its willingness to make investments that are smaller than the leveraged. 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. Apr 23, 2018 acquisition of construction management software provider will expand addressable market and enhance revenue growth. Apr 26, 2018 viewpoint construction software was founded in 1976. California firm acquires viewpoint construction software. Viewpoint construction software s corporate offices in southeast portland. Rocket software announces investment by bain capital private equity. The acquisition comes almost exactly four years after bostonbased private equity firm bain capital.
To order presentationready copies for distribution to your colleagues, clients or. Viewpoint is a global provider of innovative constructionspecific software solutions and services for the aec and asset owner markets. Orth worked closely with bain capital, owners of viewpoint, culminating in an acquisition by trimble in. Waltham, ma, october 8, 2018 rocket software, a global. Trimble is a provider of hardware and software services for markets including agriculture, construction and transportation. Viewpoint is owned by bain capital, which acquired a. 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.
Trimble to acquire viewpoint to create the industrys viewpoint. Trimble to acquire viewpoint to create the industrys most. The buyer is publicly traded technology company trimble. 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. Symantec, viewpoint construction software, vertafore, and waystar. Viewpoint expects little change after acquisition daily. Bain capital llc ist ein usamerikanischer finanzinvestor mit sitz im bostoner john hancock. Bain capital tech opportunities was created in 2019 to make investments in technology companies, particularly in enterprise software and cybersecurity. Viewpoint unveils new service tech mobile application at ahr expo 2020. Last year, viewpoint construction software announced bain capital has made an equity investment in the business. Viewpoint is owned by bain capital, which acquired a majority stake in the company back in 2014. Viewpoint is a provider of scalable construction management software.
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. Portland construction software firm viewpoint is being acquired by californiabased trimble inc. 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 announces major investment from bain capital. 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. 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. Bain subsequently acquired the rest of the business. Viewpoint announces major investment from bain capital to. Apr 23, 2018 portland construction software firm viewpoint is being acquired by californiabased trimble inc.
The purchase price is expected to be funded through a combination of cash on hand and new indebtedness. Portland construction software firm viewpoint is being. Bain capital invests in viewpoint construction software pe hub. Rocket software announces investment by bain capital. 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. 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.
This copy is for your personal, noncommercial use only. Since our founding in 1984, weve applied our insight and experience to organically. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. As part of the transaction, updata partners and ta associates are selling their stakes in viewpoint. Goodwin procter attorneys advised viewpoint construction software in connection with bain capital s recent significant growth equity investment in the company. Rocket software announces investment by bain capital private. Goodwin procter attorneys advised viewpoint construction software in connection with bain capitals recent significant growth equity investment in the company.
View norbert orths profile on linkedin, the worlds largest professional community. California firm acquires viewpoint construction software for. Bain capital invests in viewpoint construction software. 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. Bain capital has made an undisclosed investment in viewpoint construction software.
Oct 10, 2017 i found the place unfriendly and disorganized. Trimble to acquire viewpoint construction management software. Systems, symantec, viewpoint construction software, vertafore, and waystar. Viewpoints competitors, revenue, number of employees. Trimble to acquire viewpoint to create the industrys. Bain capital and capital innovators are the most recent investors.
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