The Platform Group AG has acquired a majority stake in We Connect Work GmbH, a move aimed at enhancing B2B construction solutions. This acquisition strengthens TPG’s commitment to innovative construction technology, expanding We Connect Work’s capabilities and launching advanced B2B platforms. The partnership is set to drive improvements in service and efficiency across various trades, greatly benefiting clients in the construction sector.
In a significant move to enhance its presence in the construction industry, The Platform Group AG (TPG) has acquired a majority stake in We Connect Work GmbH. The acquisition was officially announced on July 28, 2025 and illustrates TPG’s commitment to providing robust B2B solutions tailored to the construction and industrial sectors.
Founded in 2022 and located in Bad Ems, Germany, We Connect Work focuses exclusively on catering to B2B clients within the construction industry. The platform is designed to serve a range of clients including real estate firms, industrial companies, property developers, and architects. Its areas of expertise cover essential construction trades such as electrical work, plumbing, heating, drywall construction, and welding technology.
Since its inception, the platform has successfully fulfilled orders in Germany, Austria, and parts of Eastern Europe. We Connect Work has established long-term partnerships with major real estate and industrial firms in the region, demonstrating its robustness and reliability in meeting the demands of B2B clients. This acquisition will position TPG to leverage these existing relationships and expand into new markets more effectively.
The primary objective of TPG’s acquisition is to broaden the capabilities of We Connect Work. TPG plans to introduce a B2B platform for building materials and products associated with sanitary, heating, and electrical sectors by the year 2026. The foresight behind this initiative underscores TPG’s confidence in the potential for such platforms to revolutionize the construction industry.
Notably, the management team of We Connect Work will remain in place following the acquisition and will retain a minority stake in the company. This arrangement ensures continuity in leadership and operational strategies, which is crucial for maintaining the company’s underlying culture and operational effectiveness. The existing team brings valuable expertise and local market knowledge, which TPG will rely on as it seeks to implement its growth strategy.
Headquartered in Düsseldorf, The Platform Group AG operates across 27 different industries and serves both B2B and B2C customers. With a network of 18 locations throughout Europe, TPG has positioned itself as a versatile player within the technology sphere. In its latest fiscal year, TPG reported sales of EUR 525 million and an adjusted operating result (EBITDA) of EUR 33 million, showcasing a strong financial foundation that supports its acquisition and expansion strategies.
As TPG integrates We Connect Work into its portfolio, both companies aim to harness their collective strengths to foster innovation and generate new business opportunities. The collaboration is set to enhance the efficiency and accessibility of construction solutions in the B2B space, potentially transforming how supply chains operate within the industry. The enthusiasm surrounding this partnership reflects a shared vision of progress and growth, paving the way for future advancements in construction technology.
In summary, TPG’s acquisition of We Connect Work marks a pivotal step in its strategy to dominate the B2B construction solutions market, promising to deliver improved systems and processes benefiting all stakeholders involved in the construction field.
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