Acquiring Company
SmartCraft
Acquired Company
LiveCosts
Description
SmartCraft has acquired LiveCosts, a cloud-based cost control platform for SME contractors, enhancing its presence in the UK and Ireland. The acquisition is based on an enterprise value of EUR 8.45 million and adds an annual recurring revenue of EUR 1.77 million. LiveCosts' founders will continue to lead the company, focusing on further growth and innovation. This move aims to improve productivity and profitability for contractors using the platform.
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Based on deal dataFrequently asked
Who acquired LiveCosts?
LiveCosts was acquired by SmartCraft, based in Sweden. The deal was reported on September 3, 2026. SmartCraft is the leading Nordic provider of mission-critical SaaS solutions for small and medium-sized businesses in the construction industry, helping them improve productivity, margins, and resource efficiency. SmartCraft is privately held and operates in Software.
When did SmartCraft acquire LiveCosts?
SmartCraft's acquisition of LiveCosts was reported on September 3, 2026. SmartCraft has acquired LiveCosts, a cloud-based cost control platform for SME contractors, enhancing its presence in the UK and Ireland. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does LiveCosts do?
LiveCosts is a construction software company that provides a cloud-based cost control platform for SME contractors. It gives contractors live control of project budgets and costs, targeting a part of the workflow where many still rely on spreadsheets. It is privately held, operating in Software, and is based in United Kingdom.
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