Foundation Software has been the leading provider of construction software and services since 1985, delivering products that cover a project’s entire lifecycle, including job cost accounting, expense management, takeoff& estimating, project management, safety management, HR management, mobile field apps and payroll services.
Mike Ode
Strongsville, OH
2020
1985
Founded in Ohio in 1985, Foundation Software begins growing into a leading provider of ERP (enterprise resource planning) construction software and payroll services for U.S.-based specialty sub-contractors.
After years of inbound interest from other PE firms, Foundation opens conversations with us about a deal — and there was strong interest on both sides.
Thoma Bravo closes the Foundation transaction with a shared enthusiasm for the partnership ahead.
Foundation evolves from two core products to more than 10, thanks to organic development and a series of M&A transactions that expanded platform depth and functionality.
Foundation nearly triples its revenue by accelerating organic growth and cross-selling, while dramatically expanding margins through strong cost discipline.
Foundation deepens its leadership bench, pairing a strong internal culture with new executive capabilities to guide the company’s next phase.
With over 12,000 customers, significant cross-selling opportunities and a robust M&A pipeline, we believe Foundation has strong opportunities ahead.
