Objective, Investment Banking & Valuation Advises Sale of ProEst to Autodesk, Inc.

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San Diego, CA, January 19, 2022 Objective, Investment Banking & Valuation, a leading middle market investment banking and valuation firm, is pleased to announce that it served as the exclusive financial advisor to ProEst in its sale to Autodesk, Inc. ProEst is a cloud-based estimating solution that enables construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes. The acquisition will expand and strengthen Autodesk Construction Cloud’s preconstruction offerings and enable construction teams to manage all their critical workflows on one platform.

Headquartered in San Diego, CA, ProEst was created to reimagine the construction estimating process and offer the most advanced functionality possible. Their cloud-based platform enables construction teams to use automated tools in order to have greater project estimation accuracy, manage project bids more efficiently, collaborate across entire teams, and so much more. Their portfolio of features includes standardization of construction proposals, CRMs, reporting, conceptual estimating, cost databases, bid management and analysis, document management, and accounting software. ProEst’s customers include industry leading construction companies including Geisinger, O’Brien Construction, Vantis and Oswald, and many more.

“We are excited our platform will be integrated into Autodesk‘s portfolio of offerings to impact and improve more customers’ preconstruction experiences. We are very pleased with the work Objective did to prepare us for the sale process, identify a buyer, and help us reach a successful outcome with Autodesk,” said Jeff Gerardi, ProEst founder and CEO. “Autodesk’s vision of connecting construction from end to end is one we fully believe in, and we’re excited to help deliver on that vision.”

“We are grateful to have helped the ProEst team find their ideal partner, and achieve this next step in their growth plan,” said Michael Kim, Managing Director at Objective and leader of the Technology Investment Banking Practice.

To learn more about the announcement, visit:

About Objective, Investment Banking & Valuation
Objective, Investment Banking & Valuation is a leading investment banking and valuation firm offering M&A Advisory and Valuation Advisory Services for the lower middle market. Founded in 2006, Objective’s seasoned professionals have collectively executed over 500 M&A advisory engagements and 1,000’s of business valuations within its five practice groups: Business Services, Consumer, Healthcare & Life Sciences, Manufacturing & Distribution, and Technology. Objective is tenaciously invested in providing world-class, sector-focused advisory services aligned with its clients’ objectives. For more information please visit www.objectiveibv.com.

For Immediate Inquiries:

Michael Kim

Managing Director, Investment Banking

(858) 264-6580

[email protected]


The above testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success. 

This news release is for informational purposes only and does not constitute an offer, invitation or recommendation to buy, sell, subscribe for or issue any securities. While the information provided herein is believed to be accurate and reliable, Objective Capital Partners and BA Securities, LLC make no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. All information contained herein is preliminary, limited and subject to completion, correction or amendment. It should not be construed as investment, legal, or tax advice and may not be reproduced or distributed to any person. Securities and investment banking services are offered through BA Securities, LLC Member FINRA, SIPC. Principals of Objective Capital are Registered Representatives of BA Securities. Objective Capital Partners and BA Securities are separate and unaffiliated entities.


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