e-Builder Acquires Assets of Scenario Virtual Project Delivery

Expands construction program management software with BIM technology

PLANTATION, Fla. — (BUSINESS WIRE) — July 21, 2015e-Builder, the pioneer in fully integrated, cloud-based construction program management software, announced today that it acquired the assets of Scenario Virtual Project Delivery (VPD), a leader in collaborative Building Information Modeling (BIM) technology for construction. This transaction extends e-Builder Enterprise, the company’s award winning project management information system by tightly integrating it with BIM.

A leading startup established in 2010, Scenario VPD created an innovative SaaS-based BIM integration platform for design, construction and operation of complex projects and structures. This award winning platform was deployed on various high-tech manufacturing, educational, healthcare, aviation and theme park projects including one of the top five largest projects in the world with an aggregate project value of over $8 billion. With roots in the turnkey construction and fabrication industry, Scenario VPD experienced firsthand the value of digital modeling and collaboration and the use of this technology to improve project outcomes. This experience combined with the significant investment in research and development in the last six years resulted in a truly unique and innovative collaborative BIM platform for construction management.

“BIM adoption rates are on the rise as facility owners seek new strategies to improve project outcomes and reduce the risk on their projects,” said Ron Antevy, President & CEO, e-Builder. “This acquisition strengthens our commitment to provide the most complete system to manage capital projects specifically for the facility owner. While many project management and BIM technologies are available for contractors and designers, our combined technology will provide the only integrated system that is designed from the ground up to meet the needs of the building owner throughout the process from planning to construction.”

"Scenario is extremely pleased that e-Builder as an industry leader will continue the heritage of innovation and extend the capabilities of the platform for better owner and project outcomes," stated Roland Soohoo, President and Board Member of Scenario.

Phil Cherne, Chairman of Scenario added, "We look forward to a bright future for the AEC industry as BIM will only grow in popularity as a critical Construction Management tool."

Scenario VPD is a subsidiary of  KHS&S Contractors an international design-assist specialty subcontractor that creates spectacular interiors, exteriors, prefabricated building components, themed environments, rockwork, water features and specialty finishes for some of the most recognized projects in the world.

The terms of the acquisition were not disclosed.

About e-Builder
e-Builder is the leading provider of integrated, cloud-based construction program management software for top facility owners and the companies that act on their behalf. The company’s flagship product, e-Builder Enterprise, improves capital project execution, resulting in increased productivity and quality, reduced cost, and faster project delivery. Since 1995, e-Builder’s technology leadership and construction industry focus has provided thousands of global companies, government agencies, and healthcare and educational institutions managing billions of dollars in capital programs with solutions to improve the plan, build, and operate lifecycle. The company is privately held and headquartered in Plantation, Florida. For more information, visit www.e-Builder.net.



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