Byggfakta Group has today signed an agreement to acquire Construdata21 in Spain, through its operating company Vortal. Construdata21 is the leading provider of construction project information data in Spain, covering construction projects in Spain, Portugal and internationally. With the acquisition, Byggfakta Group will further expand its project information business footprint operationally and geographically.
Construdata21, established in 2000, is a leading provider of building and construction information in Spain, covering over 120,000 active construction projects in Spain, Portugal and internationally. The company research and reports via an interactive platform that manages a dynamic international construction database, consisting of both building and civil works, private and public construction, at any stage of execution. Construdata21 also provide information on public construction tender data.
Construdata21 had approximately EUR 1.4 million of revenue in the financial year 2020 and around 33 employees distributed across Spain.
“I’m very happy to welcome the Construdata21 team to Byggfakta Group. Vortal and Construdata21 have been commercial partners and this acquisition represents an opportunity to boost the growth strategy of the company, generate synergies and enrich the footprint of the group in Portugal and Spain”, says Miguel Sobral, CEO of Vortal.
The transaction is expected to close during the fourth quarter 2021.