Pro4all and PMG announce their strategic combination, resulting in a leading European construction software group. PMG marks the first step in the international buy-and-build strategy of Pro4all since its management teamed up with the strategic software investor Main Capital Partners.
PMG, established in 2009 and headquartered in Munich, Germany, is a prominent software provider for the construction and real estate industry. Their main product PAVE is a SaaS collaboration-platform across the entire life cycle of a construction project. The core of PAVE is a comprehensive CDE (Common Data Environment), which is supplemented with modules such as workflows, project management, BIM, ESG and cost control. PMG supports more than 250 construction and real estate companies, mainly in the DACH region, who are currently working on more than 1000 projects with PAVE.
Building a leading European software group
Through the combination of Pro4all and PMG, the combined group will have a diversified customer base of more than 1,000 construction and real estate stakeholders. With strong market presence in the Benelux and DACH regions, the company has a solid customer base with an international perspective which can be leveraged to expand into other European countries. Additionally, the organizations foresee opportunities for a strong and unique combined product proposition which is well positioned to help the construction industry with the digitization process, as the sector is still lagging behind other sectors. The combined group currently employs 100 people in total.
Mike Riegler, Chief Executive Officer of PMG, is excited to join forces with the Pro4all team and is looking forward to the cooperation: “Pro4all is an excellent strategic and cultural match for PMG. We share similar cultures and ambitions to help construction and real estate stakeholders around the globe with our propositions.”
Dick van der Woude, Chief Executive Officer of Pro4all, foresees a fruitful strategic partnership with strong potential to offer a value-added proposition together with PMG across international markets: “While exploring the opportunity for cooperation, the response to our ideas from customers and partners were nothing but positive. That feedback, combined with our very similar cultures and go-to-market strategies and our ambition to expand internationally, strengthened our belief that joining forces will significantly accelerate the growth of both companies.”
Sjoerd Aarts, Partner at Main Capital Partners and Chairman of the Supervisory Board of Pro4all, concludes: “We strongly believe in putting together driven and passionate entrepreneurs to accelerate innovation for the benefit of their clients. Over the past 20 years, this has been a key value creation driver in the successful organic and buy-and-build growth strategies we have executed together with our business partners. With PMG and Pro4all, we combine two organizations that are both renowned for their skills and expertise within their respective domains in the construction and real estate software market, resulting in a strong foundation for additional European expansion.”
We are excited about the synergies and value this partnership brings to Paragin’s customers, stakeholders, and the EdTech ecosystem.
PMG, established in 2009 and headquartered in Munich, Germany, is a founder-managed software provider that offers a SaaS collaboration-platform for the construction and real estate industry: Pave. The platform helps with strategic decision-making, so that construction projects become more efficient, error-free and cheaper and therefore more sustainable. With experience from thousands of projects and a construction volume of over 120 billion euros, PMG supports contractors, construction companies, planning offices, project developers and investors. All PMG products are multiple certified, hosted and made in Germany. For over 10 years PMG has maintained a strong relationship with its client Rohde & Schwarz.
Pro4all is a Dutch scale-up founded in 2001 and based in Woerden. The organization has acquired a leading position in the construction industry through their document management solution Docstream. Over the years, the product offering has been expanded with the quality assurance and inspection tool Snagstream and Prostream, a project management platform that facilitates construction-specific project management features such as BIM and proactive risk management. Over the years, Pro4all has built a strong relationship with its clients, making them an invaluable partner for construction companies like Heembouw.
Read more about the most recent acquisitions of mergers within Main's network