On March 14, 2023, Pro4all and Munich-based PMG announced their strategic partnership. This partnership is the first step in the ambition to form the European construction software group. Pro4all entered the partnered with software investor Main Capital Partners ("Main") to develop this realize ambition.
The combined product portfolio of Pro4all and PMG is uniquely positioned to further assist the construction industry with the digitization process. Construction is still lagging behind other industries according to a recent study. Only 25 percent of construction companies surveyed say they are highly or very highly engaged in digitization of work processes, while that average for other sectors is often 40 percent.
Together, the companies will serve a diverse group of over 1,000 customers across the construction and real estate sectors. The strong market presence in the Benelux and DACH region provides a solid and international perspective for expansion into other European countries.
Mike Riegler, CEO of PMG, is pleased to be working with the Pro4all team and looks forward to the partnership: "Pro4all is an excellent strategic and cultural match for PMG. We share the ambition to help and further digitize construction and real estate stakeholders worldwide with our solutions."
Dick van der Woude, CEO of Pro4all, foresees a fruitful and strategic collaboration with strong potential to add value to the international market together with PMG: "When we explored the possibility of working together, the response to our ideas from customers and partners was nothing but positive. That feedback, combined with our similar corporate culture, and ambition to grow internationally, strengthened our confidence that this collaboration will significantly accelerate the growth of both companies."
Sjoerd Aarts, Partner of Main Capital Partners and Chairman of the Board of Commissioners of Pro4all, concludes, "We believe tremendously in bringing together driven and passionate entrepreneurs to accelerate innovations for the benefit of their customers. Over the past 20 years, this has played a key role in the successful organic and buy-and-build growth strategies we have executed with our business partners. With PMG and Pro4all, we combine two organizations that are both known for their skills and expertise within their respective domains in the construction and real estate software market. This results in a strong foundation for further European expansion."