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."

 

Key Contacts

Andrew Hornigold

Andrew Hornigold

Partner, Head of Client Relationships - Technology, Science & Industry

View Profile

Latest press releases

Show me all press releases

Pinsent Masons advises NTR plc on 54MW portfolio of co-located solar and battery storage projects in Ireland

Multinational law firm Pinsent Masons has advised NTR PLC on the acquisition of a 54MW portfolio of co-located solar and battery storage projects in County Wexford, Ireland, from renewable energy developer RES.

Pinsent Masons advises on Four Seasons Care Homes portfolio migration

Multinational law firm Pinsent Masons has advised propco investor LDC Care Homes and its asset and investment manager Elevation Advisors on the migration of a care homes portfolio from Four Seasons Health Care Group (FSHC) to new operators.

Pinsent Masons advises Teva Pharmaceuticals on €84m sale of its consumer healthcare brand portfolio to Karo Pharma AB.

Multinational law firm Pinsent Masons has advised Teva Pharmaceuticals’ subsidiary, Actavis Group PTC, on the successful €84m sale of a suite of consumer healthcare products to Karo Pharma AB (Karo).

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons announces launch of Netherlands presence

Multinational law firm Pinsent Masons has announced plans to launch a presence in Amsterdam, its first office in the Netherlands.

Pinsent Masons advises on 5G Create - the £28m government funded 5G test projects

Multinational law firm Pinsent Masons has advised the Department for Digital, Culture, Media and Sport (DCMS) on its innovative joint £28m investment in 5G test projects to showcase the capability of 5G technology across a range of industries and identify commercially sustainable long-term use cases.

Pinsent Masons advises GNA Biosolutions GmbH on Covid-19 rapid PCR test

Multinational law firm Pinsent Masons advised GNA Biosolutions GmbH on IP and commercial aspects of its rapid PCR Covid-19 test.

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