News Summary
The Platform Group AG has acquired a majority stake in We Connect Work GmbH, a move aimed at enhancing B2B construction solutions. This acquisition strengthens TPG’s commitment to innovative construction technology, expanding We Connect Work’s capabilities and launching advanced B2B platforms. The partnership is set to drive improvements in service and efficiency across various trades, greatly benefiting clients in the construction sector.
The Platform Group AG Expands in B2B Construction with We Connect Work Acquisition
The Platform Group AG (TPG) has officially acquired a majority stake in We Connect Work GmbH, in a strategic move aimed at enhancing B2B construction solutions. The acquisition was publicly announced on July 28, 2025, marking a significant development in the field of construction technology and services.
About We Connect Work GmbH
We Connect Work is an innovative platform based in Bad Ems, Germany, having been founded in 2022. It specializes in serving clients exclusively in the business-to-business (B2B) sector, focusing on customers from various industries, including real estate, property development, and architecture. The platform is dedicated to serving industrial and construction sectors, providing essential resources and solutions that cover several areas of expertise such as electrical work, plumbing, heating systems, drywall construction, and welding technology.
The Impact of We Connect Work
Since its inception, We Connect Work has fulfilled orders across Germany, Austria, and Eastern Europe, establishing itself as a reliable partner for major real estate and industrial firms. With the signing of long-term framework agreements with these companies, We Connect Work has reinforced its position in the B2B market.
TPG’s Strategic Goals
The acquisition aims to not only expand the existing capabilities of We Connect Work but also to launch an advanced B2B platform for building materials and products related to the sanitary, heating, and electrical sectors by 2026. This expansion is in line with TPG’s commitment to enhancing technological solutions within the construction industry, which is viewed as a growing area for B2B platforms.
Management Team and Future Outlook
Following the acquisition, the management team of We Connect Work will remain intact and will retain a minority stake in the company. This continuity is expected to contribute positively to the smooth transition and future growth of the platform under TPG’s ownership. Both companies believe that this strategic collaboration will create significant opportunities for innovation and service improvement in the construction sector.
TPG’s Background and Financials
The Platform Group AG is a dynamic software company that operates across 27 industries and caters to both B2B and B2C clients. Headquartered in Düsseldorf, TPG has established a robust presence across Europe with 18 operational locations. In 2024, TPG reported impressive sales of EUR 525 million and an adjusted operating result (EBITDA) of EUR 33 million, highlighting its strong market position and financial health.
The Future of Construction Solutions
With the rising demand for digitally-enabled construction solutions, TPG’s acquisition of We Connect Work positions both companies advantageously as they prepare to capitalize on emerging opportunities in the construction sector. The partnership aims to drive technological advancements and improve efficiencies in B2B transactions, benefitting clients across various trades and industries.
As the construction industry continues to evolve, both TPG and We Connect Work are optimistic about the future, emphasizing their plans to work together to set new standards in B2B solutions. This forward-looking approach reflects their shared vision of enhancing productivity and simplifying processes within the complex landscape of construction and building management.
Deeper Dive: News & Info About This Topic
Additional Resources
- TradingView: The Platform Group AG Acquisition
- Wikipedia: Business-to-business
- TechRepublic: IBM HashiCorp Acquisition Completed
- Google Search: B2B construction technology
- Dentons: Dentons Advises IGP Medical
- Encyclopedia Britannica: Construction
- IPE: Principal Asset Management Buys German Data Centre
- Google News: Real Estate Services
Author: Construction FL News
FLORIDA STAFF WRITER The FLORIDA STAFF WRITER represents the experienced team at constructionflnews.com, your go-to source for actionable local news and information in Florida and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Florida Build Expo, major infrastructure projects, and advancements in construction technology showcases. Our coverage extends to key organizations like the Associated Builders and Contractors of Florida and the Florida Home Builders Association, plus leading businesses in construction and legal services that power the local economy such as CMiC Global and Shutts & Bowen LLP. As part of the broader network, including constructioncanews.com, constructionnynews.com, and constructiontxnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
