Elecosoft PLC is a United Kingdom-based software company. The company provides integrated software applications and related services to the international architectural, engineering and construction marketplaces and property management industries.
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- Coverage Initiation
- June 24, 2020
- History doesn't repeat itself but it often rhymes
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- Decades of ineffective management and dwindling reinvestment has been masked through a steady stream of acquisitions, but we now deem 2020 an inflection point for the business. The firm has already attempted and failed to execute a buy-and-build strategy which was exposed during the financial crisis. History doesn’t repeat itself, but it often rhymes, and we can draw significant parallels to managements most recent foray into software.