On Center Software, Inc.

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On Center Software, Inc. - overview

Established

1988

Location

The Woodlands, TX, US

Primary Industry

Software

About

On Center Software, Inc. delivers innovative digital solutions focused on enhancing construction estimation and project management, catering to contractors and subcontractors with advanced software tools. Founded in 1988 and headquartered in The Woodlands, US, On Center Software, Inc. specializes in construction software solutions.


The company was acquired by Roper Technologies in July 2015, with financials undisclosed. Over the years, On Center has maintained its focus on streamlining project management processes for construction professionals. On Center Software specializes in digital solutions designed to streamline construction estimation and project management. The company's core products include On-Screen Takeoff® (OST), Quick Bid®, and Digital Production Control®.


On-Screen Takeoff allows users to perform accurate measurements and counts directly from digital plans, significantly enhancing efficiency and precision in project estimating. Quick Bid complements this by enabling users to generate competitive estimates and proposals while managing change orders seamlessly. Digital Production Control provides tools for real-time labor tracking and project scheduling, ensuring that projects remain on time and within budget. On Center Software caters primarily to general contractors and subcontractors across diverse geographical markets, including North America and select international regions, addressing the needs of thousands of construction professionals who seek to reduce costs, save time, and improve accuracy.


On Center Software generates revenue primarily through subscription-based models for its software solutions. Clients engage in transactions typically structured as direct business-to-business (B2B) agreements, where general contractors and construction firms subscribe to the software for a fixed term. The pricing structure includes licensing fees for individual products, such as On-Screen Takeoff and Quick Bid, with the possibility of bundled offerings for comprehensive access to multiple tools. These transactions enable firms to enhance their operational efficiencies while integrating various aspects of project management, from takeoff to estimating and production control.


The firm has established a strong foothold in the construction software industry, building a reputation for reliability and accuracy over its 30+ years in operation. As of now, On Center Software has no publicly disclosed plans for future products or market expansions. The company's recent acquisition by Roper Technologies in July 2015 may provide additional resources for enhancing its product offerings or entering new markets. However, specific strategies or product launches have not been detailed in available sources.


Primary Industry

Software

Sub Industries

Construction, Accounting/Finance Software, Engineering Software

Website

www.oncenter.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

On Center Software, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedOn Center Software, Inc.-
GrowthCompletedOn Center Software, Inc.-

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