M&A Deal Summary

Textura Acquires Submittal Exchange

On November 9, 2011, Textura acquired internet software and services company Submittal Exchange

Acquisition Highlights
  • This is Textura’s 2nd transaction in the Internet Software and Services sector.
  • This is Textura’s 2nd transaction in the United States.
  • This is Textura’s 1st transaction in Iowa.

M&A Deal Summary
Date 2011-11-09
Target Submittal Exchange
Sector Internet Software and Services
Buyer(s) Textura
Deal Type Add-on Acquisition

Target

Submittal Exchange

Waukee, Iowa, United States
Submittal Exchange is a collaborative, secure online system for exchanging, reviewing, and archiving construction submittals, RFIs, and other design and construction communications electronically.

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Buyer(S) 1

Buyer

Textura

Deerfield, Illinois, United States
Category Company
Founded 2004
Sector Software
Employees589
Revenue 87M USD (2015)
DESCRIPTION

Textura Corp. is a provider of construction management software solutions that boost productivity, reduce risk and help construction professionals work together more effectively across the project lifecycle.

DEAL STATS #
Overall 2 of 4
Sector (Internet Software and Services) 2 of 3
Type (Add-on Acquisition) 2 of 4
State (Iowa) 1 of 1
Country (United States) 2 of 4
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-19 GradeBeam.com

Chicago, Illinois, United States

GradeBeam.com provides a secure, online resource for the exchange of information, allowing construction industry professionals to post, manage and access critical project information at a central location. GradeBeam.com simplifies and expedites the massive information exchange that occurs in all construction projects, including invitations-to-bid (ITBs), drawing/specification distribution, corrections, addenda, requests for information and responses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-12 PlanSwift

Bountiful, Utah, United States

PlanSwift LLC is a provider of takeoff and estimating software to industry professionals. PlanSwift has developed industry-leading functionality and ease of use to enhance the construction industry’s daily takeoff and estimating needs.

Buy -
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