CoConstruct
Custom home builder software brand being retired into sister platform Buildertrend.
CoConstruct as an independent product is already gone in practice, the real question is what Bain Capital does with Buildertrend next.
CoConstruct makes software for custom home builders to manage projects and budgets. The company is no longer independent: its parent company Buildertrend bought it in 2021 and is now moving all CoConstruct customers onto Buildertrend's platform by 2025 or 2026. Some customers report their costs going up sharply during the switch, which could push them to try competitors like Billdr (a newer AI-powered option) or Procore, though those platforms may not fit custom builders as well. The key thing to watch is whether angry customers actually leave during the migration, and whether Buildertrend's owner (a private equity firm called Bain Capital) sells the whole business in the next few years, which could change prices or features again.
News of customer complaints, lawsuits, or mass cancellations tied to migration pricing over the next 2-3 quarters. Shows whether forced price hikes are pushing builders to rivals like JobTread or Projul.
Bain Capital or HGGC announcing a sale, recap, or IPO of Buildertrend within the next 3-5 years. Confirms the PE exit event that could disrupt product continuity for former CoConstruct users.
- Bain Capital targets 4x EBITDA growth by 2026
- Migration price hikes reported up to 500%
- Buildertrend now serves 20,000+ builders, 1M+ users
- Reported price increases up to 500% for customers migrated from CoConstruct to Buildertrend tiers.
- Conflicting reports on whether CoConstruct is fully shut down or degraded but available, creating customer confusion.
- PE owner Bain Capital's 4x EBITDA growth target by 2026 could drive further cost-cutting or a sale event.
- AI-native entrants like Billdr explicitly marketing against Buildertrend's architecture as legacy.
| Rival | Direction | Evidence |
|---|---|---|
| Buildertrend | gaining on | Acquired CoConstruct Feb 24, 2021 and fully absorbed the brand by May 12, 2026 |
| Projul | gaining on | Markets itself as CoConstruct migration destination amid reported shutdown, March 20, 2026 |
| JobTread | contesting | Named as mid-market residential competitor drawing former CoConstruct users, March 2026 |
| Billdr | gaining on | AI-native entrant marketing against Buildertrend as legacy architecture (vendor-claimed) |
| Procore | contesting | Dominant in commercial GC segment, not competing directly for residential custom-home builders |
- Is CoConstruct still a separate product from Buildertrend?
- No. Buildertrend's own site states as of May 12, 2026 that CoConstruct is now fully part of Buildertrend and no longer a separate platform, following Buildertrend's February 24, 2021 acquisition of CoConstruct.
- Is CoConstruct shutting down?
- Third-party migration guides (Projul, dated March 20, 2026) describe CoConstruct as officially shut down with users pushed onto Buildertrend pricing tiers, though a separate March 27, 2026 Projul post says it is technically still available with reduced support and no updates.
- Who owns CoConstruct now?
- CoConstruct is owned by Buildertrend, which took its first institutional investment from Bain Capital Tech Opportunities and HGGC in December 2020 and then acquired CoConstruct on February 24, 2021.
- Could AI replace CoConstruct or Buildertrend?
- Buildertrend has automated formerly manual tasks like client progress reports (July 2025 AI tool, claimed 97% faster) and bill capture, but accounting integrations, liability documentation, and a large embedded user base make full AI replacement unlikely soon.
- Is Buildertrend financially healthy after absorbing CoConstruct?
- Bain Capital's own portfolio page states the combined Buildertrend/CoConstruct entity has driven over 20% gross retention improvement and projects 4x EBITDA growth by 2026 versus the deal baseline, a vendor-claimed figure from the PE owner.
- Who is CoConstruct's biggest competitive threat?
- The primary threat is its own parent, Buildertrend, which absorbed it starting February 24, 2021. Migration-destination rivals like Projul and JobTread are actively targeting former CoConstruct customers as of March 2026.
- 2026-05-12Buildertrend states CoConstruct is now fully absorbed, no longer a separate platform
- 2026-03-27Projul reports CoConstruct technically available but with reduced support, no updates
- 2026-03-20Projul migration guide describes CoConstruct as officially shut down
- 2026-02Buildertrend deploys Bailey, an AI support chatbot built on Salesforce
- 2026-01-09Buildertrend announces nearly 400 product enhancements shipped in 2025
- 2025-11-14Buildertrend wins 2025 CODiE Award for Best Construction Management Platform
- 2025-07-07Buildertrend launches AI-powered Client Updates tool
- 2021-02-24Buildertrend acquires CoConstruct, forming 23,000+ client, $100M+ ARR network
- 2020-12-24Bain Capital and HGGC make first institutional investment in Buildertrend
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