Autodesk to acquire cloud-based estimating company ProEst

Partnership will help strengthen company's preconstruction offering and connect projects with software

Autodesk, Inc. today announced that it is acquiring ProEst, a cloud-based estimating solution that enables construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes. Autodesk plans to integrate ProEst with Autodesk Construction Cloud, a comprehensive construction management platform connecting teams, data and workflows across the entire building lifecycle. The acquisition will strengthen Autodesk Construction Cloud’s preconstruction offerings and empower construction teams to manage all their critical preconstruction and construction workflows on one platform.

ProEst, whose customers include Geisinger, O’Brien Construction, Vantis and Oswald, translates project scope quickly and easily, turning drawings, specifications and models into material, labor and equipment costs. As a result, teams are not only able to supercharge the estimation process and build stronger bids, but also minimize project risks and heighten their chances of winning work. With ProEst’s cloud-based solution, customers can also access estimating information from anywhere, at any time, and import third-party cost databases to streamline estimation workflows. The acquisition of ProEst will complement Autodesk Construction Cloud’s best-in-class cost management capabilities and allow teams to track costs against estimates and provide greater visibility to increase the probability of project success.

“We pride ourselves on delivering quality projects safely, within budget and in a timely manner,” said Luis Berumen, vice president of innovation and technology at Bartlett Cocke General Contractors. “Autodesk Construction Cloud helps us manage our projects by enhancing collaboration across various phases and workflows and adding ProEst’s cloud-based estimating capabilities to the mix will further our ability to deliver quality projects efficiently.”

“ProEst enables us to produce estimates faster, consistently and more accurately throughout the design process and in collaboration with our partners, thereby improving overall efficiency” said Manny Innamorato, chief information officer of New York City School Construction Authority. “As a public entity, our mission is to build and modernize New York City’s schools in a responsible, cost-effective manner while still achieving the highest standards of excellence in safety, quality and integrity. With Autodesk Construction Cloud and ProEst now joining forces, we look forward to connecting our estimation data more seamlessly with our downstream construction workflows so we can stay on track and deliver on our mission in a more streamlined manner.”

ProEst will join Autodesk Construction Cloud’s existing portfolio of solutions, further enabling teams to reduce rework, improve productivity, increase automation and accelerate project delivery.