BID Equity acquires REALVIEW and starts a new software group in construction and property management
BID Equity Fund III announces the acquisition of REALVIEW AG, a renowned Swiss provider of modern software solutions in the field of construction project management.
Based in Zurich, REALVIEW AG offers a cloud-based software platform for the construction and operation of buildings. In addition to comprehensive construction project management, which includes tools for coordinating, monitoring and managing construction projects and enables seamless communication and efficient use of resources, REALVIEW offers extensive logging functions for seamless documentation of the construction project. Furthermore, a sophisticated defect management functionality enables a thorough tracking of construction deficits throughout the entire lifecycle including an integrated tenant communication.
Pascal Christen and Peter Hirt will continue to lead as REALVIEW's management team, serving over 600 customers in German-speaking Switzerland.
Pascal Christen, REALVIEW founder: "We are very much looking forward to working with BID Equity. Together, we have a broad range of opportunities to further advance our technology and to offer our customers an even more comprehensive product portfolio."
Together with REALVIEW, BID Equity plans to build a leading software group in the construction and property management market. The combination of REALVIEW's established solutions and extensive know-how with BID Equity's financial strength and experience in international buy & build strategies lays the ideal foundation for this project.
