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This strategic acquisition will form the foundation of Eque2’s next-generation estimating offering and support its long-term product strategy. Eque2 is committed to providing customers with a seamless, end-to-end digital workflow – from estimating and project delivery through to financial control – enhanced by intelligent insights and analytics to help its customers optimise their business performance

Mark Rogerson MBE, Chairman of Eque2, said: "This acquisition is a significant step in our long-term product strategy. Chalkstring has built an outstanding cloud-native estimating platform, and combining it with Eque2's construction expertise and scale provides a strong foundation for the next generation of estimating solutions for our customers."

Sarah Crawford, Managing Director of Chalkstring, said: “We are delighted to join Eque2 and contribute to its long-term product vision. Eque2’s deep understanding of construction workflows, combined with its scale and investment capability, provides the perfect environment to accelerate Chalkstring’s development and deliver even greater value to customers across the construction sector.”