Eque2

Manchester, United Kingdom Founded: 2013 • Age: 13 yrs Acquired By WestBridge Capital LLP
SaaS ERP software is delivered for construction industry needs.
Annual revenue $21.4M Latest available
Total funding - 1 rounds
Employees 143 Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

About Eque2

Eque2 is a company based in Manchester (United Kingdom) founded in 2013 was acquired by WestBridge Capital LLP in December 2020. The company has 143 employees as of April 30, 2022. Eque2 has completed 4 acquisitions, including CLiP IT Solutions, Chalkstring and JNC. Eque2 offers products and services including Eque2 Construction, Eque2 Estimating, Eque2 Housebuilding, and Eque2 Maintenance. Eque2 operates in a competitive market with competitors including TEAM Software, Foundation Software, Xpedeon, Tread and eSUB, among others.

  • Headquarter Manchester, United Kingdom
  • Employees 143 as on 30 Apr, 2022
  • Sectors
    Technology
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Eque2 Limited
  • Date of Incorporation 14 Aug, 2012
  • Jurisdiction MAIDENHEAD, ENGLAND
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $21.44 M (USD)
    2
    as on Apr 30, 2021
  • Net Profit
    $2.25 M (USD)
    2
    as on Apr 30, 2021
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    LDC

    & 9 more

  • Employee Count
    143

    as on Apr 30, 2022

  • Investments & Acquisitions
  • Acquired by
    WestBridge Capital LLP

    & 2 more

    (Dec 14, 2020)

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Products & Services of Eque2

Eque2 offers a comprehensive portfolio of products and services, including Eque2 Construction, Eque2 Estimating, Eque2 Housebuilding, and Eque2 Maintenance.

Product name locked
Category locked
Primary

Manages full lifecycle of construction projects with integrated tools

Product name locked
Category locked
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Handles cost estimation for contractors and quantity surveyors

Product name locked
Category locked
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Supports land appraisal, building, and customer care processes

Product name locked
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Facilitates field service and reactive maintenance management

People of Eque2

Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Jon Black
Head of SMB Product Management
People
Richard Boston
Chief Marketing Officer
People
Peter Davidson
Operations Director
People
Emilia Dawson
Enterprise Marketing Executive

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Funding Insights of Eque2

Investors in Eque2

Eque2 has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include LDC, Bowmark Capital and Van Lanschot Kempen.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in services and technology sectors, focusing on growth companies.
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Private equity investments are focused on multiple sectors for growth.
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Buyouts are targeted through private equity investments by WestBridge.
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Investor details for Eque2

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  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Eque2

Eque2 has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CLiP IT Solutions, Chalkstring and JNC.

Investments
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Investment portfolio details for Eque2

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based platform for estimating, procurement, and cost reporting in construction projects.
Locked Locked 2017 Locked
Payroll management services are provided by Miracle in the UK.
Locked Locked 2007 Locked
Account software for the construction industry is developed.
Locked Locked 2001 Locked
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Complete acquisition details for Eque2

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Financial Statements - Eque2

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Detailed financials for Eque2

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Eque2 Comparisons

Eque2 Primary company
Description
SaaS ERP software is delivered for construction industry nee...
Location
Manchester, United Kingdom
Founded Year
2013
Annual Revenue
$21.44 M (USD)
Net Profit
$2.25 M (USD)
EBITDA
Not available
Employees
143
As of 2022
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Peer comparison for Eque2

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Competitors of Eque2

Eque2 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TEAM Software, Foundation Software, Xpedeon, Tread and eSUB, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based ERP and workforce management software is offered for contractors.
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Construction accounting software is offered on-premise and in the cloud.
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SaaS ERP solutions are delivered for engineering and construction sectors.
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Construction materials and logistics are tracked via a mobile solution.
Locked Locked Locked
Cloud-based construction management suite solutions
Locked Locked Locked
Provider of ERP software solutions for heavy equipment job management and dispatching
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Detailed competitors of Eque2

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Latest news on Eque2

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Complete news archive for Eque2

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Frequently Asked Questions about Eque2

Eque2 was founded in 2013 and raised its 1st funding round 11 years after it was founded.

Eque2 is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.

Richard Beaton is the current CEO of Eque2.

As of Apr 30, 2022, the latest employee count at Eque2 is 143.

Annual revenue of Eque2 is $21.44M as on Apr 30, 2021.

Eque2 was established in 2013 in Manchester, United Kingdom. SaaS-driven ERP software tailored for the construction sector is offered by the company. Core functionalities such as accounting and estimating are integrated into the solutions. The product lineup includes Sage ERP EVision, Sage ERP Intuit, Sage Estimating, Sage 50 Construction, and Sage 200 Construction, with operations centered on supporting construction firms across the UK.

Eque2's top competitors include Foundation Software, Xpedeon and Tread.

Eque2 offers Eque2 Construction, Eque2 Estimating, Eque2 Housebuilding, and Eque2 Maintenance.

Eque2 has made 4 acquisitions, including CLiP IT Solutions, Chalkstring, and JNC.

Eque2 has 5 investors. Key investors include LDC, Bowmark Capital, Van Lanschot Kempen, WestBridge, and Livingbridge.

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