M&A Deal Summary

BIMobject Acquires The BIM Hub

On May 23, 2018, BIMobject acquired internet software and services company The BIM Hub

Acquisition Highlights
  • This is BIMobject’s 1st transaction in the Internet Software and Services sector.
  • This is BIMobject’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2018-05-23
Target The BIM Hub
Sector Internet Software and Services
Buyer(s) BIMobject
Deal Type Add-on Acquisition

Target

The BIM Hub

Dubai, United Arab Emirates
The BIM Hub is a privately-owned web platform with operations in Dubai, United Arab Emirates, and West Yorkshire, England. The BIM Hub is a professional social media platform for BIM users, property owners, architects, engineers and contractors as well as project managers, property managers and facility managers. The platform's focus is to offer content such as educational materials, presentations, standards, white papers, videos, news, and events. In addition, there are various forums adapted for the construction industry, working with or in connection with the emerging BIM industry.

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Buyer(S) 1

Buyer

BIMobject

Malmö, Sweden

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

BIMobject is a Swedish technology company with a global presence operating at the forefront of digitalising the building industry. BIMobject provides a cloud-based platform and powerful technology to make digital product information available for Building Information Modelling (BIM), allowing its use early in the building process for visualisation, specification, and analysis. The platform collects valuable data that streamlines the construction industry throughout the product lifecycle. More intelligent design and construction lead to better product selections, reduced waste, and more efficient logistics during the building process. At the same time, property management benefits from higher quality, improved use of energy, and lower operating costs.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2018 M&A 1 of 1