Eleco expands project portfolio management offering with £2.3m Kivue acquisition

Eleco ( (GB:ELCO) ) has provided an update.

Eleco plc, an AIM-listed specialist software provider to the built environment, delivers solutions spanning project management, estimation, visualisation, BIM and property management across the entire building lifecycle. Operating under brands such as Elecosoft, BestOutcome and PEMAC from hubs in Europe, Australia and the USA, it targets construction, asset and facilities management customers seeking integrated digital tools.

The company has acquired 100% of UK-based Kivue Limited, a Project Portfolio Management SaaS provider whose Perform platform offers visual portfolio insights, governance and risk monitoring, in a deal valued at £2.3m, paid in cash and new equity. Kivue, which generated about £1.5m in revenue and £0.2m in adjusted EBITDA in the year to 31 October 2025 and serves clients including London City Airport and Virgin Atlantic, will enhance Eleco’s PPM capabilities, broaden its reach into senior management and C-suite users, and modestly expand its share capital through the issue of 337,363 new shares.

Eleco’s management highlighted that Kivue’s Perform solution complements BestOutcome’s PM3 offering, strengthening the Group’s portfolio management proposition for larger enterprise projects. The decision to retain Kivue’s operational management team underscores Eleco’s intention to leverage existing commercial expertise and customer relationships to drive joint PPM growth within its Building Lifecycle portfolio.

The most recent analyst rating on (GB:ELCO) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Eleco stock, see the GB:ELCO Stock Forecast page.

Spark’s Take on GB:ELCO Stock

According to Spark, TipRanks’ AI Analyst, GB:ELCO is a Neutral.

Eleco’s strong financial performance and positive corporate events are offset by bearish technical indicators and a high valuation. The company’s robust revenue growth, profitability, and strategic initiatives support its competitive position, but technical analysis suggests caution due to potential downward pressure.

To see Spark’s full report on GB:ELCO stock, click here.

More about Eleco

Eleco plc is an AIM-listed international provider of specialist software and related services for the built environment, operating through brands including Elecosoft, BestOutcome, PEMAC, Vertical Digital and Veeuze. Its solutions support the entire building lifecycle, from early planning and design to construction, asset and facilities management, covering project management, estimation, visualisation, BIM and property management for global customers.

The company operates from centres of excellence across the UK, Ireland, Sweden, Germany, the Netherlands, Romania, Australia and the USA, giving it broad geographic reach in construction and property technology markets. Its software is positioned as a trusted toolset for stakeholders throughout the building value chain, underpinning Eleco’s strategy of deepening its capabilities in project and portfolio management within the built environment sector.

Average Trading Volume: 121,943

Technical Sentiment Signal: Buy

Current Market Cap: £120.7M

For detailed information about ELCO stock, go to TipRanks’ Stock Analysis page.