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SAN FRANCISCO, Dec. 16, 2021 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) has officially announced the acquisition of ProEst, a leading cloud-based estimating platform designed to help construction teams streamline their preconstruction processes. This move is aimed at enhancing Autodesk Construction Cloud’s capabilities, allowing users to manage everything from initial estimates to final project delivery in one unified system.
ProEst offers tools for digital takeoffs, detailed reporting, and bid management, enabling construction professionals to translate project plans into accurate cost estimates quickly. By integrating ProEst into its ecosystem, Autodesk aims to provide a more comprehensive solution that supports teams throughout the entire building lifecycle.
The acquisition will allow construction companies to improve efficiency, reduce errors, and increase transparency across projects. With ProEst's cloud-based platform, users can access estimating data from anywhere, making collaboration easier and more flexible. The integration also allows for seamless data sharing with other Autodesk solutions like Autodesk Takeoff and Autodesk Build.
Several major construction firms, including Geisinger, O’Brien Construction, Vantis, and Oswald, already use ProEst, highlighting its value in the industry. Industry leaders have praised the potential benefits of combining ProEst with Autodesk Construction Cloud, emphasizing how it can lead to better project outcomes and improved decision-making.
Luis Berumen, vice president of innovation and technology at Bartlett Cocke General Contractors, noted that the new integration would help his team deliver projects more efficiently and safely. Similarly, Manny Innamorato of the New York City School Construction Authority highlighted the importance of streamlined workflows and accurate cost tracking in public infrastructure projects.
Jim Lynch, senior vice president at Autodesk, emphasized that estimation is a critical phase that often suffers from inefficiencies. He stated that ProEst’s integration would help connect accurate estimates with broader project data, reducing the risk of delays and budget overruns.
Jeff Gerardi, founder and CEO of ProEst, expressed excitement about joining Autodesk’s vision of end-to-end construction connectivity. He believes the partnership will help transform traditional estimating methods into more efficient, tech-driven processes.
Autodesk has been actively expanding its construction technology portfolio, acquiring several key players in recent years. This latest acquisition further strengthens its position as a leader in construction software solutions.
The deal is expected to close during Autodesk’s fourth quarter of fiscal 2022, with no significant impact on its financial guidance for the year. As the construction industry continues to evolve, this move signals a strong commitment to digital transformation and innovation.