“This acquisition will strengthen our software portfolio and is a logical step toward our vision of becoming the leading digitalization partner for our customers,” said Christoph Loos, CEO, Hilti Group. “We intend to continue investing in the platform to create the next market leader in construction project management software.”
All current Fieldwire employees are invited to stay with Hilti Fieldwire under the continued leadership of its two founders, Yves Frinault and Javed Singha. Hilti says that “additional efforts will also be made to significantly grow the team”.
The acquisition was expected to close in Q4 2021, subject to standard closing conditions, including regulatory approvals.