Eque2

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.

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

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

• Construction ERP software
• Construction estimating software
• Contract costing software
• Housebuilding software
• Field service management software

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. On-Premise Software Licenses: Perpetual and subscription licenses for on-premise deployment of Construct and EValuate products integrated with Sage Accounting.
3. Professional Services: Implementation, onboarding, training, report writing, business analysis consultancy, and project management services to support software deployments.
4. Customer Support Services: Ongoing technical support, telephone support, and access to online knowledge bases for all Eque2 products.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core 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

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and secondary.

• MicrosoftcoreTechnology or IntegrationMicrosoft 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.
• SagecoreTechnology or IntegrationEque2 is Sage's preferred strategic business partner in the construction industry. Provides construction-specific functionality around Sage 50cloud and Sage 200cloud accounting products.
• CompanialcoreChannel Partner/ Reseller/ DistributorFastest-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 SoftwaresecondaryTechnology or IntegrationLeading 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.
• PayappssecondaryTechnology or IntegrationCloud-based construction software for managing applications for payment and payment notices. Partnership extends Eque2 customer solutions to streamline supply chain payment processes.
• Laxton'ssecondaryTechnology or IntegrationNationally recognised provider of UK's most accurate Building Price Books for construction estimating. Pricing libraries integrated into Eque2's EValuate Estimating Software.
• Sustainable AdvantagesecondaryStrategic or Co-development PartnerCarbon consultancy helping Eque2 determine best practices for Net Zero 2035 target. Collaboration on ESG strategy and sustainability reporting webinars.
• Jet ReportssecondaryTechnology or IntegrationMarket 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

Direct 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

• YouTubeyoutube.com/user/SageForConstruction
• LinkedInlinkedin.com/company/eque2-limited
• Xx.com/eque2software
• Facebookfacebook.com/eque2ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eque2