M&A Deal Summary

Autodesk Acquires PlanGrid

On November 20, 2018, Autodesk acquired software company PlanGrid for 875M USD

Acquisition Highlights
  • This is Autodesk’s 31st transaction in the Software sector.
  • This is Autodesk’s 2nd largest (disclosed) transaction.
  • This is Autodesk’s 28th transaction in the United States.
  • This is Autodesk’s 11th transaction in California.

M&A Deal Summary

Date 2018-11-20
Target PlanGrid
Sector Software
Buyer(s) Autodesk
Deal Type Add-on Acquisition
Deal Value 875M USD

Target

PlanGrid

San Francisco, California, United States
PlanGrid is a provider of construction productivity software. PlanGrid software lets general contractors, subcontractors and owners in commercial, heavy civil and other industries work together throughout the construction project lifecycle. PlanGrid software offers real-time collaboration, keeping the field and the office on the same page. It gives builders real-time access to project plans, punch lists, project tasks, progress photos, daily field reports, submittals and more.

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Buyer(S) 1

Buyer

Autodesk

San Rafael, California, United States

Category Company
Founded 1982
Sector Software
Employees15,300
Revenue 6.1B USD (2025)
DESCRIPTION
Entrance to Autodesk's corporate headquarters in Mill Valley, California.
Entrance to Autodesk's corporate headquarters in Mill Valley, California.

Autodesk is a provider of design software for customers in the architecture, engineering, construction, manufacturing, digital media, consumer, and entertainment industries. Autodesk's sophisticated software products enable customers to experience their ideas before they are real. Customers are able to imagine, design, and create their ideas by visualizing, simulating and analyzing real-world performance early in the design process by creating and manipulating digital prototypes. Autodesk's professional software products are sold globally, both directly to customers and through a network of resellers and distributors. Additionally, the Company sells a line of consumer products for digital art, personal design and creativity, and home design. Autodesk was founded in 1982 and is based in San Rafael, California.


DEAL STATS #
Overall 50 of 61
Sector: Software M&A 31 of 37
Type: Add-on Acquisition M&A Deals 44 of 55
State: California M&A 11 of 15
Country: United States M&A 28 of 36
Year: 2018 M&A 2 of 3
Size (of disclosed) 2 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 Assemble Systems

Houston, Texas, United States

Assemble Systems LLC is a SaaS solution that enables construction professionals to condition, query and connect BIM data to key workflows across bid management, estimating, scheduling, site management and finance. Assemble Systems LLC was founded in 2011 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-20 BuildingConnected

San Francisco, California, United States

BuildingConnected, Inc. is a provider of preconstruction platform for real estate owners and general contractors to hire qualified subcontractors. BuildingConnected was founded in 2012 and is based in San Francisco, California.

Buy $275M