M&A Deal Summary

Aconex Acquires CONJECT AG

On March 17, 2016, Aconex acquired internet software and services company CONJECT AG for 96M AUD

Acquisition Highlights
  • This is Aconex’s 2nd transaction in the Internet Software and Services sector.
  • This is Aconex’s largest (disclosed) transaction.
  • This is Aconex’s 1st transaction in Germany.

M&A Deal Summary
Date 2016-03-17
Target CONJECT AG
Sector Internet Software and Services
Buyer(s) Aconex
Deal Type Add-on Acquisition
Deal Value 96M AUD
Advisor(s) Mooreland Partners LLC (Financial)

Target

CONJECT AG

Munich, Germany
CONJECT AG is a provider of cloud and mobile collaboration service provider.

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Buyer(S) 1

Buyer

Aconex

Melbourne, Australia
Category Company
Founded 2000
Sector Information Technology
Employees200
Revenue 161M AUD (2017)
DESCRIPTION

Aconex Ltd. is a vendor of on-demand document management, online project management, correspondence management, risk management, and web collaboration technology solutions to the construction and natural resources industries. Aconex was founded in 2000 and is based in Melbourne, Australia.

DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Germany) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-15 Worksite

San Francisco, California, United States

Worksite, Inc. is a provider of a Software-as-a-Service (SaaS) project cost management solution.

Buy AU$7M
Mergr

Product

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