Workbench International Ltd

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Workbench International Ltd - overview

Established

1996

Location

Auckland, -, New Zealand

Primary Industry

Software

About

Based in New Zealand, Workbench International Ltd develops advanced project management software that provides business intelligence solutions tailored to the civil construction, trade contractor, and engineering sectors. Workbench International Ltd, founded in 1996 in Auckland, New Zealand, specializes in software solutions for project management. The company has made significant strides in its offerings but has not undergone major pivots or restructuring. It operates as an independent entity without known subsidiaries.


The company has completed one deal, with its most recent funding round occurring on May 28, 2026, when The Riverside Company acquired Workbench International Ltd. Financial terms of the transaction were not disclosed. Workbench International Ltd specializes in advanced project management software, focusing on business intelligence solutions tailored for the civil construction, trade contractor, and engineering sectors. Their flagship product, the Workbench Project Management Software, centralizes critical project data, enabling users to manage job costs, optimize resource allocation, and enhance reporting capabilities.


The software incorporates contract management functionalities that allow businesses to track and forecast costs accurately, reducing risks associated with fixed price contracts. Workbench's offerings are designed for field workers, providing mobile technology that increases efficiency and safety while allowing instant visibility into project, equipment, and personnel issues. The company primarily serves clients in Australia and New Zealand, with a diverse customer base that includes trade contractors and engineering firms operating in complex project environments. Workbench generates revenue through a modular subscription model, where clients purchase specific software modules on a per-user basis, tailored to their unique operational needs.


This structure allows for flexibility in pricing based on the number of users and the selected modules, making it accessible for businesses of varying sizes. The company supports B2B transactions, focusing on partnerships with contractors and engineering firms that seek integrated project management solutions. The training and support services offered by Workbench further enhance customer value, ensuring that clients can effectively utilize the software to meet their business objectives. While specific pricing details for individual modules are not disclosed, the company's comprehensive solutions are designed to facilitate profitable project management and client invoicing through real-time insights into project progress and expenses.


Following its acquisition by The Riverside Company on May 28, 2026, Workbench International Ltd aims to enhance and expand its software platform. The acquisition will enable the company to focus on developing new products that cater to emerging needs within the project management sector. Workbench plans to explore new markets in regions beyond Australia and New Zealand, although specifics on target markets and timelines have not been disclosed. The resources from the acquisition will be allocated to support these growth initiatives, ensuring that Workbench remains competitive and continues to evolve with industry demands.


Current Investors

The Riverside Company

Primary Industry

Software

Sub Industries

Analytics & Performance Software, HR & Workforce Software, Logistics Software

Website

www.workbenchcentral.com/

Verticals

Cloud Computing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Workbench International Ltd - 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)
BuyoutCompletedWorkbench International Ltd-

Displaying 1 - 1 of 1

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.