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Covid-19 Presents Huge Opportunities for SMEs in the Construction Sector

StormMeister: Flood Protection | July 20, 2020

Covid-19 has presented an unprecedented challenge for the construction industry but as we move towards a “new normal”, there will also be huge opportunities for SMEs in the sector, says William M Snape, director of StormMeister Flood Protection. Those of us of a certain age will have been through a number of ups and downs in the construction industry but nothing like this, Covid-19 is a game-changer like nothing that has gone before.

Lockdown came to the UK on 23 March, some companies in the construction industry tried to battle on but suppliers on the continent had closed down as far back as February. Most UK suppliers closed down in March and many in the construction industry who had tried to keep going were forced to shut down.

More than four months on and we are where we are, the arguments about whether the country should have locked down earlier are now largely irrelevant. Some suppliers are back up and running but by no means all and some of the companies that supply the suppliers are still in lockdown. There are shortages everywhere, even of basic materials such as sand, cement, bricks, plaster and paving slabs.

Spotlight

Robots ready for work

Robots are more capable, easier to use, and affordable. While there is still room for improvement, the opportunity to leverage robotics has never been more accessible. Up on a 19,000-square-foot mezzanine in a distribution center in western New York, order selectors at either end of a pick module are directed by voice as they walk through their zones, picking slow-moving SKUs.

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Spotlight

Robots ready for work

Robots are more capable, easier to use, and affordable. While there is still room for improvement, the opportunity to leverage robotics has never been more accessible. Up on a 19,000-square-foot mezzanine in a distribution center in western New York, order selectors at either end of a pick module are directed by voice as they walk through their zones, picking slow-moving SKUs.

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Buildertrend, the Leader in Construction Management Software, Secures Significant Investment Led by Bain Capital Tech Opportunities

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."

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Capital Construction and Maintenance Support Field Services Company AMECO Spun Off From Fluor Corporation

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. About AMECO 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.

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Assignar Drives Construction Productivity with New Innovations

Assignar | April 12, 2022

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Buildertrend, the Leader in Construction Management Software, Secures Significant Investment Led by Bain Capital Tech Opportunities

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."

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Capital Construction and Maintenance Support Field Services Company AMECO Spun Off From Fluor Corporation

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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. About AMECO 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.

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