Deltek, which is backed by Thoma Bravo, has acquired Union Square, a UK-based provider of project information and collaboration software. No financial terms were disclosed.
HERNDON, Va. – July 20, 2016 – Deltek, the leading global provider of enterprise software and information solutions for project-based businesses, announced today that it has acquired Union Square. Union Square offers world-class project information and collaboration software built for the unique needs of the Architecture, Engineering and Construction (AEC) industry. This acquisition broadens and deepens Deltek’s portfolio of solutions for the AEC industry by enabling companies to organize and leverage a complete set of information around each project – ensuring that project teams can better collaborate on critical project data to successfully manage projects for clients.
Based in Nottingham, England, Union Square empowers more than 450 firms in 15 countries to better manage and collaborate on vital project information, including contacts, emails, drawings and documents.
Deltek is the global ERP market leader in the AEC industry, and works with more than 12,000 AEC firms of all sizes around the world. Deltek powers the complete project lifecycle for AEC firms through innovative business development, project and resource management, and financial management solutions. Together with Union Square, Deltek will not only be the system of record for all activities and transactions around winning and managing projects, but will now be the center for all information generated throughout the project management process. By unifying project transactions and information, AEC firms can now manage projects faster and more profitably than ever before.
“Our organization is thrilled to become a part of Deltek,” said Richard Vincent, Managing Director at Union Square Software. “Together, we have nearly 50 years of experience working hand in hand with AEC firms to make their businesses run better. Our two companies share a common focus, a common culture, and a deep knowledge of what it takes for AEC firms to be successful. That’s the foundation for a bright future as we come together. Our combined forces will deliver an even more powerful solution to the fast-growing AEC industry. We look forward to working closely with Deltek in the days ahead.”
“Deltek continually looks for ways to deliver more value to our customers through product innovation and acquisition, and that’s why we have acquired Union Square,” said Mike Corkery, president and CEO of Deltek. “Managing data and collaborating on information to make smart decisions is critical for successful companies, especially in the AEC industry. We acquired Union Square to meet the acute needs of Architecture, Engineering and Construction firms to organize the many emails, documents, drawings and other artifacts that are produced in the course of successfully delivering a project. In Union Square, we have found a company that shares our passion and dedication to helping AEC firms run better and deliver on-time and on-budget projects to their customers. On behalf of our global team, I’d like to welcome Union Square to the Deltek family. Together, we will continue to set the pace within the AEC industry.”
To learn more about the superior combination of Deltek and Union Square Software, please visit our website.
About Union Square Software
Union Square Software (unionsquaresoftware.com) is a tailored information management solution, helping businesses working in the built environment to be more joined up in the way they manage information. Based on a powerful database and centralized procedures, Union Square offers a user-friendly system making it easy to capture, store and retrieve business information when and where required. Union Square helps improve collaboration by providing a central repository where all project information, from emails to documents and drawings, can be stored. www.unionsquaresoftware.co.uk
Deltek is the leading global provider of enterprise software and information solutions for government contractors, professional services firms and other project-based businesses. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. 22,000 organizations and millions of users in over 80 countries around the world rely on Deltek to research and identify opportunities, win new business, recruit and develop talent, optimize resources, streamline operations and deliver more profitable projects. Deltek – Know more. Do more.® www.deltek.com
Correction: This post has been updated to correct the company name in the headline.