Hilti acquires Fieldwire to establish leading construction jobsite management platform
Hilti Group, a global manufacturer in innovative tool and fastening solutions, technology, software and services for the commercial construction industry, has entered into an agreement to acquire Fieldwire, a San Francisco-based construction technology company for an approximate $300 million. The strategic acquisition will bring together Fieldwire’s best-in-class product and Hilti’s global brand and market reach to help drive productivity at contractors and on construction sites. Fieldwire provides a leading platform for jobsite management that powers more than a million jobsites worldwide.
Founded in 2013, Fieldwire has built a strong presence in North America and managed to expand internationally into Europe and Asia Pacific, while building market-specific features that enable customers to improve field productivity. The San Francisco-based company is presently supporting thousands of clients to better manage their jobsites digitally by offering a software solution that is reliable, easy to use, has a wide range of features and is also device-agnostic. It is used by general and specialty contractors alike and is known for its field-first approach to productivity.