SmartCraft Group AB acquires LiveCosts

● STRATEGIC | CONSTRUCTION/AEC · Project Management & ERP

SEPTEMBER 7, 2026

SmartCraft Group AB acquires LiveCosts

TARGET

Real-time job costing and cost-control software for SME general contractors, subcontractors, and specialty trades, integrating with Xero, QuickBooks, and Sage.

Deal value	€8.45M enterprise value
Revenue	€1.77M ARR
Ownership	Founder-owned (ground up software ltd); 100% acquired, founders continue · Nemetschek Group, Pi Labs, Enterprise Ireland, NDRC
Capital raised	$599K
Headcount	13 FTEs
Headquarters	Dublin, Ireland
Leadership	Ciaran Brennan, CEO and Co-Founder Niall Brennan, Co-founder
Sell-side advisor	—

ACQUIRER

SmartCraft Group AB

Nordic SaaS provider of mission-critical software solutions for craftsmen and SME construction companies across Norway, Sweden, Finland, and the UK.

Ownership	Publicly traded (Nasdaq Stockholm: SMCRT)
Headcount	270 FTEs
Headquarters	Hønefoss, Norway
Leadership	Jeremias Jansson, CEO
Buy-side advisor	—

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SmartCraft Group AB -> LiveCosts  (2026-09-11)
strategic_acquisition | Construction/AEC | €8.45M Enterprise value | announced
Target: Real-time job costing and cost-control software for SME general contractors, subcontractors, and specialty trades, integrating with Xero, QuickBooks, and Sage.
Website: livecosts.com | Buyer site: smartcraft.com
HQ: Dublin, Ireland | Ownership: Founder-owned (Ground Up Software Ltd); 100% acquired, founders continue | Buyer ownership: public (Nasdaq Stockholm: SMCRT)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/smartcraft-group-ab-livecosts.html

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