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SmartCraft acquires LiveCosts to enhance UK market

PRIVATESep 03, 2026

Acquiring Company

SmartCraft

Acquired Company

LiveCosts

SwedenUnited KingdomSoftwareSaaSEnterprise SoftwareSoftwareConstruction

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.

Quick answer

SmartCraft is acquiring LiveCosts, announced September 3, 2026. SmartCraft is based in Sweden.

How much did SmartCraft pay for LiveCosts?
The deal value was not disclosed.
What does SmartCraft do?
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.
Where are SmartCraft and LiveCosts based?
SmartCraft is based in Sweden. LiveCosts is based in United Kingdom.
Who are the decision-makers at SmartCraft?
Fundz holds 1 contact at SmartCraft. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

SmartCraft

Location

Sweden

About

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. Today, the Group has more than 13,400 customers and 270 employees across Norway, Sweden, Finland, Ireland, and the UK. SmartCraft was listed on the Oslo Stock Exchange in June 2021 and subsequently listed on Nasdaq Stockholm in 2026.

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Frequently 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.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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