PlanGrid IPO
PlanGrid was a construction productivity software company that provided mobile-first blueprint and project management tools for construction teams. The company developed solutions for viewing, annotating, and managing construction documents in the field before being acquired by Autodesk.
What We Know
PlanGrid was acquired by Autodesk in January 2019 for approximately $875 million in cash. The acquisition was part of Autodesk's strategy to expand its presence in the construction technology market and complement its existing design and engineering software portfolio with field management capabilities. PlanGrid never pursued an IPO as an independent company, instead choosing to be acquired by Autodesk relatively early in the construction technology boom. The company has since been integrated into Autodesk's broader construction cloud offerings, combining design tools with field execution and project management capabilities.
Frequently Asked Questions
Has PlanGrid had an IPO?
No, PlanGrid never had an IPO. The company was acquired by Autodesk for approximately $875 million in 2019 before going public.
When is the PlanGrid IPO date?
PlanGrid will not have an IPO as it was acquired by Autodesk in 2019. The company now operates as part of Autodesk's construction technology division.
How can I buy PlanGrid stock?
You cannot buy PlanGrid stock directly as the company was acquired by Autodesk. To gain exposure to PlanGrid's business, you would need to purchase Autodesk stock (ADSK) instead.
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