Buildertrend | December 29, 2020
Buildertrend, the main supplier of cloud-based programming for homebuilders, remodelers and forte temporary workers, today reported that it has gotten a venture from Bain Capital Tech Opportunities and HGGC to quicken its development and grow the administrations it gives to clients. This first institutional venture will quicken Buildertrend's development direction through essential acquisitions and drive venture into neighboring contributions, for example, installments, information investigation and temporary worker administrations. Monetary terms of the private exchange were not revealed.
Established in 2006 by Steve Dugger, Jeff Dugger and Dan Houghton, and situated in Omaha, Buildertrend is the main cloud-based development the board stage for private homebuilding, giving hearty and present day development the executives devices to more than 16,000 homebuilding, redesigning and claim to fame development organizations, their sub-contractual workers and their customers. Development groups depend on Buildertrend to maintain their organizations by normalizing planning and work processes, dealing with installments, buy and change arranges, and improving client correspondence and perceivability.
"We established Buildertrend with a dream to upset the development business and make the confounded homebuilding and forte development measure more straightforward and effective," said Dan Houghton, Co-Founder and Co-CEO of Buildertrend. "Bringing top notch cloud-based applications to the business has situated our foundation to be a reasonable differentiator. It was a considerable choice to welcome on an accomplice unexpectedly, and we are eager to cooperate with Bain Capital and HGGC and to use their worldwide organizations and ability scaling vertical programming organizations. This association will empower us to convey considerably more incentive to our clients across the world."
AMECO, One Equity Partners | June 11, 2021
AMECO, one ofNorth America'sleading construction and maintenance field services planning and management companies, was recently spun off by its parent company, Fluor Corporation. The company, which is headquartered inGreenville, S.C, with field operations throughoutthe United StatesandCanada, was purchased by middle market private equity firm One Equity Partners (OEP) for$73 million.
For more than 70 years, AMECO has managed and provided indirect products and services, including equipment, scaffolding, tools, consumable supplies and fleet management for capital construction, facility operations and maintenance projects on a global scale. Taking an integrated and collaborative approach to project management, AMECO is the premier company providing complete, packaged solutions to the industry. As an independent organization, AMECO will bring its world-class expertise to bear for a larger range of customers throughoutthe United StatesandCanadato enhance efficiency, increase craft productivity, streamline billing and supply chain management and reduce costs for large projects and ongoing maintenance needs.
AMECO has assembled a strong senior management team comprised of long-tenured construction and maintenance executives, including many former and present AMECO team members, to lead the organization.Gary Bernardez, who led AMECO from 2001-2012, will serve as chief executive officer.
As a field services company, AMECO delivers unique solutions for efficient planning and management of indirect construction products and services throughout the project life cycle to the construction and maintenance markets in the U.S. andCanada. Headquartered inGreenville, S.C., AMECO serves owners and contractors on capital construction projects and in ongoing facility operations with an emphasis on energy, chemicals, mining, biotech, manufacturing and infrastructure end markets.
About One EquityPartners
One Equity Partners (OEP) is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors inNorth AmericaandEurope. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015.
Assignar | April 12, 2022
Assignar, the leading cloud-based construction operations platform provider, announced the launch of its latest product advancements to help self-perform general and subcontractors increase efficiency, profitability, and innovation. The company developed these platform enhancements in response to the industry's evolving needs and requests.
“At Assignar, we’re constantly gathering feedback and ideas from our internal team, customers and the industry to ensure our product roadmap is aligned with the needs and objectives of today’s contractors – this is reflected in our latest product enhancements, We invested in these four innovations to drive the construction industry forward into a new age of digital transformation that helps teams adapt to changing needs and align resources across projects in real time.”
Marcel Broekmaat, Chief Product Officer at Assignar
Assignar's latest upgrades complement an already robust array of products. They simplify platform use from the start and enable teams to more closely monitor ongoing work and progress through improved data collecting from the field.
This new tool enables contractors to have a better understanding of site development and facilitates productivity analysis, which assists in optimizing resource utilization and adjusting resource allocation depending on progress and budget. It allows users to submit a budgeted amount for a work order and monitor progress against that amount from the field.
Contractors can now access their allocations, submit numerous timesheets for the day, and track time spent on multiple breaks and assets using the new Daily Log. All of this from a single, easily-understandable interface on their phones. It enables reliable data collection from the field, allowing workers to be paid correctly and subcontractors to bill their clients accurately. This will simplify the process of locating job information and entering time, allowing contractors to concentrate on their jobs.
Contractors can effortlessly schedule personnel and equipment from their phone while on the jobsite with Mobile Scheduling. This enables contractors to remain mobile while monitoring task progress and working from numerous locations. They can add and remove resources without contacting the office. Assignar now supports the dynamic work environment in which contractors operate.
The platform's redesigned navigation structure adheres to Assignar's recommended process, from managing equipment and workers to allocating these resources to work orders and tracking time, quantities, and compliance. It is a significant step forward in the company's transition to a revamped user experience.
Assignar's platform and capabilities will continue to expand, helping contractors to increase their efficiency and profitability in an ever-changing sector. Visit www.assignar.com to learn more about these technologies and how Assignar is elevating construction processes.