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2 minutes reading

12Build Joins Forces with E1: A New Chapter for Global Construction Procurement

12Build has officially been acquired by E1 (formerly EstimateOne), the market-leading bidding and tendering marketplace in Australia and New Zealand. By collaborating with E1, we are combining knowledge and innovation from two platforms built on virtually identical principles: a deep passion for the construction sector, a commitment to culture and a drive for sustainable innovation.

For nearly 19 years, 12Build has been dedicated to simplifying the procurement process for the European construction industry. Today, we take that mission to a global stage. By joining the E1 group, we are uniting two platforms built on nearly identical principles: a deep passion for the construction industry, a commitment to culture, and a drive for sustainable innovation.

A Partnership Based on Shared Values

This acquisition is not just about growth; it is about alignment. Both 12Build and E1 have grown into market standards in their respective regions by focusing on what matters most: our customers and our people.

Erik Nieuwenhuis, Founder of 12Build, who remains involved as a minority shareholder and board member in the E1 group, explains why this partnership is the perfect fit:

“For me, the cultural and strategic alignment was a decisive factor. From the first conversations, it was clear that E1 shares our way of thinking about construction technology and how to build a company with a strong culture for the long term. That alignment gives me confidence that this step will strengthen our ability to innovate and continue building what 12Build stands for.”

What This Means for Our Customers

For our valued customers, the focus remains unchanged. Patrick Aarbodem will continue as CEO of 12Build, and our leadership team remains fully in place. You will continue to work with the same dedicated people and the same reliable platform you trust.

However, backing from E1 and their long-term investor, Potentia Capital, means we can now accelerate our roadmap. We are securing increased resources to invest in Product & AI Innovation, ensuring we deliver smarter extraction, matching, and automation capabilities to your workflows.

Patrick Aarbodem, CEO of 12Build, shares his excitement for the future:

“We found more than just a partner in E1. We found a team that speaks our language, is closely aligned in culture and has the same passion for the construction industry. This milestone marks an important step for 12Build. First and foremost for our customers. Our focus remains exactly where it should be: delivering a reliable, high-quality tendering platform, now with greater strength to invest in our product and our people.”

Global ambition

This partnership represents a defining moment in the evolution of both companies. Michael Ashcroft and Andrew Ritchie, co-founders of E1, highlight the ambition behind joining forces:

“E1 was built in Australia with the ambition to fundamentally improve how the construction industry communicates. Joining forces with 12Build allows us to take that ambition global, combining two deeply aligned platforms while preserving what customers value most in each market.”

We want to thank our customers, partners, and team for being part of the 12Build journey so far. We are excited to take this next step with you.

Read the full press release on GlobeNewswire

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