- CEO
- Jonathan Albert Hunter
- Full Time Employees
- 316
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Dawson House London GL United Kingdom EC3N 2EX
- IPO Date
- Jan 6, 1986
- Business
- Eleco Plc Eleco plc is a specialist international provider of software and related services to the built environment, operating through brands including Elecosoft, BestOutcome, PEMAC, Vertical Digital and Veeuze from centres of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania and the USA. The company offers a comprehensive portfolio of solutions used throughout the building lifecycle from early planning and design to construction, interior fit out, asset management and facilities management, supporting project delivery, estimation, visualisation, Building Information Modelling (BIM) and property management; key products encompass Asta Powerproject, Asta Connect, Asta Vision and Asta Powerproject 4D for planning and project management; PM3 and PM3Time for outcome-driven portfolio, program and project management; ShireSystem for combined maintenance (CMMS) and facilities (CAFM) management of multiple locations and assets; IconSystem for design standards and data management; Bidcon for construction estimating to reduce risk and boost productivity; VEEUZE for personalized product visualization across marketing channels with AI, Augmented Reality and Virtual Reality technologies; Staircon for designing standard stairs and staircases; and Statcon and Framing for specialized manufacturing in timber frames and structural engineering, with a focus on niche vertical markets such as interior room visualisation and marketing, staircase manufacturing, residential building design and structural engineering. Founded in 1895 and headquartered in London, United Kingdom, Eleco Plc lists on the AIM market of the London Stock Exchange (ELCO.L) and serves customers directly in core regions including the UK, Scandinavia, Germany, the rest of Europe and the United States, as well as internationally through reseller partners, targeting industries like architectural, engineering, construction, manufacturing, healthcare, hospitality, transport, education and utilities. In April 2024, Elecosoft Ltd, a wholly owned subsidiary, acquired the Vertical Digital group of companies (Vertical Digital SRL and Sons of Coding SRL) for initial consideration of €1.3m financed from internal cash resources, with potential deferred and contingent earn-out up to €250,000 based on 2024 and 2025 performance targets; this acquisition enhances Eleco Plc's capabilities in agile software development, technical consulting, system integration and upskilling to support customer digital transformation, adding revenue of €1.2m and net profit before tax of €0.3m for the year ended 31 December 2023, while augmenting research and development capacity and expanding operations in Eastern Europe with key personnel including Dan Pop as Regional Managing Director, Eastern Europe, and Alex Gheboianu as Chief Technology Officer.