Hilti acquired Fieldwire to enhance its construction solutions portfolio and leverage synergies for accelerated growth in key markets.
Target Information
Fieldwire is a construction management software platform that focuses on enhancing productivity and profitability within the construction industry. Since its inception, Fieldwire has garnered a robust client base and has established a strong presence in key markets, particularly in the U.S. and Europe. The company’s innovative solutions have received widespread acclaim for their ability to streamline project management and improve collaboration among construction teams.
Following its acquisition by Hilti, a well-known provider of high-quality hardware and software solutions for the construction sector, Fieldwire has been able to leverage Hilti’s extensive resources and experienced sales force to accelerate its growth. Under Hilti’s umbrella, Fieldwire aims to penetrate new markets and expand its customer acquisition strategies more effectively.
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Industry Overview
The construction industry across the U.S. and Europe has been undergoing a digital transformation, with businesses increasingly adopting software solutions to enhance project management, communic
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Hilti
invested in
Fieldwire
in 2023
in a Other Corporate deal