Eque2
Eque2 is a UK-based construction software provider offering cloud-based ERP, estimating, housebuilding, and maintenance solutions built on Microsoft Dynamics 365 and Sage, serving 3,000+ construction firms across multiple UK market segments.
- Company typePrivate
- Founded1997
- HeadquartersManchester, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Eque2 does
Eque2 is a UK-based construction software vendor providing cloud-based ERP, estimating, housebuilding, and maintenance solutions to the construction industry. Founded in 1997 (originally as Sage Construction) and rebranded as Eque2 around 2008, the company has accumulated 27+ years of domain specialization in UK construction workflows. The company is headquartered in Maidenhead with a second office in Newcastle and employs 101-250 people. Eque2 serves 3,000+ customers across multiple construction segments including contractors, housebuilders, maintenance providers, and quantity surveyors.
Eque2's product portfolio spans four core solutions: Eque2 Construction (Construct and EVision ERP, built on Microsoft Dynamics 365 Business Central and Sage), Eque2 Estimating (EValuate, positioned as the UK market-leading estimating tool), Eque2 Housebuilding, and Eque2 Maintenance. More recently, the company acquired Chalkstring (June 2026) to add next-generation, cloud-native estimating capabilities. The technology architecture is built on established ERP platforms rather than proprietary infrastructure, which accelerates deployment but ties the product roadmap to underlying vendor roadmaps. Recent feature additions include an Embodied Carbon module (September 2024) for sustainability reporting.
The company's business model is SaaS licensing of construction software, distributed through direct sales and a partner ecosystem that includes Microsoft, Sage, Companial, and Continia. Eque2 is private equity-backed, initially by WestBridge Capital (2020) and most recently by Bowmark Capital (May 2024). The company has pursued a deliberate inorganic growth strategy, with acquisitions of JNC (2018), CLiPIT (2019), and Chalkstring (June 2026), and was recognized as Companial All Up Partner of the Year in 2024 alongside 40% growth in the Cloud Solution Provider (CSP) channel. The company has held Great Place to Work certification for three consecutive years and holds Microsoft Solutions Partner designation.
Eque2 firmographics
Firmographics- Name
- Eque2
- Legal name
- Eque2 Ltd
- Website
- https://eque2.co.uk
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Eque2 is a UK-based construction software provider offering cloud-based ERP, estimating, housebuilding, and maintenance solutions built on Microsoft Dynamics 365 and Sage, serving 3,000+ construction firms across multiple UK market segments.
- Ownership category
- akta.pro rank
Eque2 industry classification
Industry- Product category
- Construction ERP / Business Management Software
- NAICS
- Software Publishers (5132), Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Construction & Engineering ERP (Job Costing, Project Controls) (HDAEAEAE)
- akta.pro secondary industries
- ERP Extensions & Add-ons (CPQ, Billing, Revenue Management) (HDAEAEAO), Professional Services Automation (PSA) & Services ERP (HDAEAEAF)
Keywords
Where Eque2 is headquartered
LocationHeadquarters
- HQ city
- Manchester
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Eque2 business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Subscriptions (Cloud/SaaS): Recurring subscription revenue from cloud-based solutions including EVision, Construct Cloud, and hosted services. Revenue recognized over contract term with annual or multi-year billing.
- On-Premise Software Licenses: Perpetual and subscription licenses for on-premise deployment of Construct and EValuate products integrated with Sage Accounting.
- Professional Services: Implementation, onboarding, training, report writing, business analysis consultancy, and project management services to support software deployments.
- Customer Support Services: Ongoing technical support, telephone support, and access to online knowledge bases for all Eque2 products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise solutions (EVision) for large construction companies |
| Subscription | Annual | SMB solutions (Construct for Sage, EValuate) for small to mid-size contractors |
| Subscription | Annual | Specialized modules (Housebuilding, Maintenance, Estimating) |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Eque2 product offering
Product offeringCore offering
Eque2 sells construction-specific business management/ERP, estimating, housebuilding and maintenance software to UK construction companies. Its core products are EVision (cloud ERP built on Microsoft Dynamics 365 Business Central for large contractors), Construct for Sage (construction accounting/ERP integrated with Sage 50cloud and Sage 200cloud for SMB to mid-market contractors), EValuate (estimating software for main contractors, sub-contractors and quantity surveyors), Housebuilding, and Maintenance/field service management. Solutions are sold as standalone modules or fully integrated, with implementation, training, and support services.
Product overview
Eque2 provides a portfolio of fully-integrated cloud solutions for the construction industry, encompassing four core product lines: Eque2 Construction (Construct/EVision) for construction accounting/ERP; Eque2 Estimating (EValuate) for construction estimating; Eque2 Housebuilding for the house building process; and Eque2 Maintenance for field service management. The Construction/ERP product operates in two variants: Construct for Sage (server-based or cloud) for companies using Sage Accounting Solutions, and EVision built on Microsoft Dynamics 365 Business Central for enterprise customers. Eque2 recently acquired Chalkstring to form the foundation of its next-generation cloud estimating platform. The products are available as standalone solutions or fully integrated, supporting businesses from startup to enterprise scale.
Differentiator
Problem solved
Functional benefit
Brands
- EVision: Cloud-based, fully integrated end-to-end ERP platform for large construction companies that unites finance, commercial, and operational teams. Built within Microsoft Dynamics 365 Business Central.
- Construct
- EValuate
Products and services
- EVision Construction ERP Cloud-based, fully integrated end-to-end ERP platform for large construction companies, built within Microsoft Dynamics 365 Business Central, that unites finance, commercial, and operational teams around a single source of truth with role-based access and robust security, providing real-time insight across estimating to payroll, project control and compliance.
- Construct for Sage Construction accounting/ERP, contract costing and commercial management software for Sage Accounting Solutions, available as a server-based solution or cloud-based Construct for Sage Cloud, providing job costing, contract management, commercial management and financial reporting for SMB to mid-market construction companies.
- Construct for Sage Cloud Cloud-hosted version of Construct for Sage, hosted within Microsoft Azure with double encryption and Cyber Essentials certification, providing access to the full Construct system from any location on any device with configurable list views, automated batch entries, improved collaboration via mobile app, and real-time job management dashboards.
- EValuate Estimating Software UK market-leading construction estimating software for main contractors, sub-contractors and professional freelance quantity surveyors, designed to increase estimating accuracy, improve efficiency in producing bills of quantity and tenders, and improve document organisation between contractors and clients. Integrates Laxton's Building Price Books with NRM and SMM rules of measurement. Available standalone or integrated with Eque2 ERP solutions.
- Eque2 Housebuilding Dedicated software for residential housebuilders to manage the full housebuilding process from initial land appraisal, through build, to sales and customer care, available by module or as a full suite fully integrated with the Eque2 Construction ERP solution.
- Eque2 Maintenance Maintenance and field service management software designed for contractors of all sizes either in the reactive building and property maintenance sector or those with a maintenance arm to their contracting business, providing job scheduling, mobile workforce capture and time-and-materials invoicing.
- Chalkstring (next-generation cloud estimating platform) Cloud-based estimating and cost management software built specifically for specialist contractors, providing clear visibility of costs, revenue and cost to complete to support better, faster commercial decision-making. Acquired by Eque2 in June 2026 to form the foundation of its next-generation cloud estimating platform.
Quantifiable outcome
- 40% year-over-year CSP growth achieved through cloud transition focus
- +3 more outcomes
Companies that use Eque2
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Eque2 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
Feature7 records
Eque2 partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and secondary.
- MicrosoftcoreMicrosoft Gold Partner and key strategic partner in UK construction market. Eque2's EVision built on Microsoft Dynamics 365 Business Central platform. Access to $400M+ annual R&D investment in platform.
- SagecoreEque2 is Sage's preferred strategic business partner in the construction industry. Provides construction-specific functionality around Sage 50cloud and Sage 200cloud accounting products.
- CompanialcoreFastest-growing global network of Microsoft Dynamics Partners and biggest reseller of Microsoft licenses worldwide. Eque2 named Companial All Up Partner of the Year 2024.
- Continia SoftwaresecondaryLeading provider of add-on solutions for Microsoft Dynamics 365 Business Central. Eque2 offers Continia Sustainability carbon management platform and Continia Document Capture to customers as Continia's biggest UK partner.
- PayappssecondaryCloud-based construction software for managing applications for payment and payment notices. Partnership extends Eque2 customer solutions to streamline supply chain payment processes.
- Laxton'ssecondaryNationally recognised provider of UK's most accurate Building Price Books for construction estimating. Pricing libraries integrated into Eque2's EValuate Estimating Software.
- Sustainable AdvantagesecondaryCarbon consultancy helping Eque2 determine best practices for Net Zero 2035 target. Collaboration on ESG strategy and sustainability reporting webinars.
- Jet ReportssecondaryMarket leader for reporting and BI solutions for Microsoft Dynamics. Jet Reports empowers EVision users with data access and reporting capabilities.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Eque2 competitors and assessment
Company assessmentDirect peers
- COINS (Construction Industry Solutions): COINS provides construction ERP software for contractors including financials, project management, and commercial modules. Comparable to Eque2 Construction / EVision as a vertical ERP suite for mid-market and enterprise construction firms.
- Elecosoft: Elecosoft is a UK-listed construction software specialist offering Asta Powerproject, Bidcon, and Mainpac. Comparable to Eque2's estimating and project planning capabilities serving UK construction contractors.
- Jonas Construction Software: Jonas provides vertical ERP solutions for construction, service management and specialty contractors. Comparable as a construction-native ERP competitor targeting similar mid-market contractor profile as Eque2's Construct product line.
- Procore Technologies: Procore is the leading global construction management platform serving general and specialty contractors with project management, financials, and resource management. Comparable to Eque2's EVision and Construct ERP offerings for mid-market and enterprise UK contractors.
- Causeway Technologies: Causeway is a UK-based construction software vendor providing estimating, procurement, and commercial management solutions. Direct competitor to Eque2's EValuate and Construct product lines in the UK mid-market contractor segment.
- Trimble Viewpoint: Viewpoint (a Trimble business) provides construction ERP solutions including Vista, Spectrum and Jobpac for contractors, similar to EVision's enterprise positioning. Highly comparable due to its construction-native ERP depth and integration with broader ecosystem.
Broad incumbents
- Sage Group: Sage is both a strategic partner (Construct integrates with Sage 50/200) and an indirect competitor via its native accounting and Sage Intacct offerings. The dual relationship makes Sage a critical comparator on platform economics and ecosystem alignment.
- Microsoft Dynamics 365 Business Central: The Microsoft platform underlying EVision and a competing mid-market ERP on which customers could choose to deploy construction extensions via other ISVs. Strategic platform partner and competitive threat simultaneously.
- Oracle Construction and Engineering: Oracle's Primavera Unifier and Aconex offerings target large construction enterprises with broad ERP and project controls. Comparable as a broad incumbent ERP+construction platform competing against EVision at the enterprise tier.
Emerging players
- PlanRadar: PlanRadar provides SaaS construction site management software for defect, task and documentation tracking. Comparable as an emerging vertical SaaS player serving UK/EU contractors, increasingly competing for the same mid-market construction software wallet.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Eque2 social profiles
Digital presenceEque2 compliance and trust
Trust signalCompliance1 record
Eque2 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eque2 leadership team
Management profileNumber of profiles
Profiles12 records
Eque2 subsidiaries and ownership
Company hierarchySubsidiaries1 record
Eque2 funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eque2 M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eque2
What does Eque2 do?
Eque2 sells construction-specific business management/ERP, estimating, housebuilding and maintenance software to UK construction companies. Its core products are EVision (cloud ERP built on Microsoft Dynamics 365 Business Central for large contractors), Construct for Sage (construction accounting/ERP integrated with Sage 50cloud and Sage 200cloud for SMB to mid-market contractors), EValuate (estimating software for main contractors, sub-contractors and quantity surveyors), Housebuilding, and Maintenance/field service management. Solutions are sold as standalone modules or fully integrated, with implementation, training, and support services.
Is Eque2 a public or private company?
Eque2 is a private company. It is classified as private equity controlled and is currently operating.
When was Eque2 founded?
Eque2 was founded in 1997. It employs 101 to 250 people.
Where is Eque2 based?
Eque2 is headquartered in Manchester, United Kingdom, in the Europe region.
How does Eque2 make money?
Four revenue lines are on record. Software Subscriptions (Cloud/SaaS) is the primary driver. The others are on-Premise Software Licenses, professional Services and customer Support Services.
Who are Eque2's main competitors?
Direct peers on record are COINS (Construction Industry Solutions), Elecosoft, Jonas Construction Software, Procore Technologies, Causeway Technologies and Trimble Viewpoint. Broad incumbents are Sage Group, Microsoft Dynamics 365 Business Central and Oracle Construction and Engineering. PlanRadar is listed as an emerging player.
Does Eque2 have an API?
No public API is recorded for Eque2.
What industry is Eque2 in?
Eque2's product category is Construction ERP / Business Management Software. Its primary akta.pro industry code is HDAEAEAE, Construction & Engineering ERP (Job Costing, Project Controls), with a secondary code of HDAEAEAO, ERP Extensions & Add-ons (CPQ, Billing, Revenue Management). Its NAICS code is 5132 and its SIC code is 7372.