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Monday, April 7, 2025

MARKET MOVES

Billd Raises $60M to Improve Supply Chain Financing for Construction Suppliers and Contractors

Fintech startup, Billd announced the close of its $60M Series A in debt and equity funding from LL Funds to launch a new payment method for the construction industry. Billd's products allow construction suppliers to offer their customers a...

PrecisionHawk Acquires Uplift Data Partners

PrecisionHawk, Inc., a leading provider of drone technology for the enterprise, announced that it has purchased Uplift Data Partners. Uplift specializes in the delivery of turnkey inspection services for construction, building information management (BIM) and real-estate. ...

Bentley Systems to acquire AIworx, specialists in machine learning and IoT technologies

Bentley Systems Incorporated, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure, announced it has entered an agreement to acquire Quebec City-based AIworx, Inc., provider of machine learning and internet of...

Latest World Green Building Trends: Nearly Half of Survey Respondents Expect to Make 60% of their Projects Green in Next 3 Years

The findings from the preeminent study on green buildings have been released and the results are both surprising and encouraging. Forty-seven percent of those participating in the World Green Building Trends 2018 SmartMarket Report expect to...

Rio Tinto Limited successfully completes A$2,871 million off-market buy-back

Rio Tinto has successfully completed its off-market buy-back, achieving its share purchase target of approximately 41.2 million Rio Tinto Limited shares, for a total consideration of A$2,871 million (US$2,081 million1). The Buy-Back Price was A$69.69 per...

Skanska develops and sells new office building in Jonkoping, Sweden, for about SEK 500 M

Skanska Sweden invests in an office building in central Jönköping. The property is simultaneously sold to Vacse for about SEK 500 M. The Swedish Agencies for Agriculture and Forestry (Jordbruksverket and Skogsstyrelsen) becomes tenants. The construction...

Hexagon strengthens its construction solutions portfolio for AEC market with Bricsys acquisition

Hexagon AB, a global leader in digital solutions, announced the acquisition of Bricsys, a fast-growing developer of CAD (computer-aided design) software that has been at the forefront of providing open, collaborative construction technology solutions since its founding in 2002....

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