Pinsent Masons advises Coaxis on the purchase of 4Projects

11 Feb 2013 | 03:17 pm | 1 min. read

International law firm Pinsent Masons has advised Coaxis, Inc., which trades as Viewpoint Construction Software, on the purchase of 4Projects from August Equity and management shareholders for an undisclosed amount.

4Projects is a provider of project and BIM (Building Information Modelling) collaboration software for the building and infrastructure sectors globally.   The UK-based company has 61 employees, all of whom have joined the Viewpoint team, and over 40,000 unique monthly users employing its award-winning software.  4Project’s product portfolio will now become available in Viewpoint’s existing markets in the US, Canada and Australia.

Portland, Oregon-based Viewpoint was named Oregon’s Best Software Company 2012 by TechAmerica.  The company has a long-standing focus on meeting the information needs of construction companies, achieving a leadership position in offering construction-specific enterprise resource planning, as well as point solutions including project and BIM collaboration, mobile field-to-office and enterprise content management. 

Jay Haladay, Viewpoint’s CEO, said: “We are very pleased to welcome the 4Projects team and their customers to the Viewpoint family and will be focused on delivering game changing technology solutions to ensure that our customers can take full advantage of their rising backlogs or order book.  We look forward to providing the 4Projects team with additional resources and construction-specific software leadership to increase their already industry leading pace of product innovation in collaboration functionality.”

The Pinsent Masons team was led by corporate partner Andrew Hornigold with assistance from Michael Lakin, Amy Mitchell and Danny Glover (corporate), Jo Alderson (IP/IT), Kate Featherstone (tax), Ed Goodwyn and Jiten Kotecha (employment), Nell Shaw (property) and Gavin Paul (pensions).

Commenting on the deal, Andrew Hornigold said: "We are delighted to have acted for fast-growing Viewpoint on its first acquisition in the UK.   “Software as a Service” or SaaS is a rapidly growing software delivery model and this transaction shows that top quality assets in this space will continue to attract attention from ambitious buyers.  Our market leading Construction practice and our strong credentials in the Technology sector were the keys to completing this project for Viewpoint and we look forward to assisting them and 4Projects take their combined business into the next phase of its development."

 

Latest press releases

Show me all press releases

Pinsent Masons continues to grow its structured finance team with new partner Igor Zyskind

Multinational law firm Pinsent Masons continues the expansion of its structured finance team with the appointment of partner Igor Zyskind in its London office.

Pinsent Masons advises Puma Energy on the issuance of $500m 7.750% high yield senior notes due 2029

Multinational law firm Pinsent Masons has advised global energy company Puma Energy on the Luxembourg aspects of the successful issuance of $500m 7.750% high yield senior notes due 2029.

Pinsent Masons Advises Ithaca Energy On Transformational North Sea Merger With Eni’s UK Upstream Business

Multinational law firm Pinsent Masons is advising leading UK independent exploration & production company Ithaca Energy plc on its transformational combination with Eni S.p.A.’s UK upstream oil and gas assets, establishing Ithaca Energy as the second largest independent operator in the UKCS by 2024 production.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons appoints two partners and team of lawyers to launch TMT practice in Australia

Multinational law firm Pinsent Masons has appointed James Arnott and Veronica Scott and a team of lawyers to launch the firm’s Technology, Media and Telecommunications (TMT) practice in Australia.

Pinsent Masons advises supervisory board of Telefónica Deutschland Holding in connection with the public tender offer of Telefónica

Multinational law firm Pinsent Masons has advised the supervisory board of Telefónica Deutschland Holding AG in connection with the public tender offer of its Spanish majority shareholder Telefónica, S.A.

Pinsent Masons boosts technology and data offering in financial services with dual hire

Multinational law firm Pinsent Masons has appointed partners Paul Hinton and Ed Baker to join the firm’s Technology, Media, and Telecoms (TMT) team in London.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.