M&A Deal Summary

Newforma Acquires BIM One

On February 18, 2021, Newforma acquired software company BIM One

Acquisition Highlights
  • This is Newforma’s 3rd transaction in the Software sector.
  • This is Newforma’s 2nd transaction in Canada.
  • This is Newforma’s 2nd transaction in Quebec.

M&A Deal Summary

Date 2021-02-18
Target BIM One
Sector Software
Buyer(s) Newforma
Deal Type Add-on Acquisition

Target

BIM One

Levis, Quebec, Canada
BIM One, Inc. is a firm specializing in the optimization of digital processes for the AEC industry. They are composed of a multidisciplinary team of 90 employees based in Canada, the United States and Europe. BIM One is based in Levis, Quebec.

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Buyer(S) 1

Buyer

Newforma

Manchester, New Hampshire, United States

Category Company
Founded 2003
Sector Software
DESCRIPTION

Newforma develops, sells, and supports project information management (PIM) software for architecture, engineering, and construction firms worldwide, and the owners they serve. the company products make up the first industry-focused and integrated solution to connect firms to each other, to their project information, to their processes, and to remote team members, all for the purpose of more successful project delivery. Customers use Newforma software on more than 1.5 million projects worldwide to raise productivity, reduce exposure to risk, strengthen their brands, and liberate time and attention to focus on design, construction, and client service. Newforma was formed in 2003 and is based in Manchester, New Hampshire.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Quebec M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-26 EleVia Software

Minneapolis, Minnesota, United States

EleVia Software LLC is a financial software company for the architecture and engineering vertical market. EleVia Software was founded in 2016 and is based in Minneapolis, Minnesota.

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