PRODUCTS, MATERIALS, CONSTRUCTION
Colony Hardware | March 06, 2023
Colony Hardware, a leading direct-to-jobsite distributor of jobsite supplies and construction materials, has declared the acquisition of a South Carolina-based entity New South Construction Supplies, LLC (New South). It is a value-added distributor of concrete, rebar, waterproofing products, masonry, and contractor supplies.
Since forming a partnership with Audax Private Equity in November 2018, Colony has made a total of 12 acquisitions, the most recent being this one.
New South is one of the leading suppliers of construction supplies and building materials in the Southeast. The company was established in 1981 and now has locations in North Carolina, South Carolina, Georgia, and Florida. New South caters to commercial, residential, and industrial construction contractors as well as those working in waterproofing, restoration, and road-and-bridge construction.
Tim Rash, Chief Executive Officer of Colony Hardware said, “Bringing New South Construction Supply and Colony Hardware together is impactful in several ways and represents Colony’s largest partnership to date.” He added, “Earning the trust of Jim Sobeck and the New South team further reinforces the industry view that we are the partner of choice for owners of distribution companies seeking to scale their business, grow their legacy, and help their valued employees prosper. More importantly, New South’s reputation for quality customer service and their dedicated associates mirror Colony’s ‘client-driven’ culture.”
Jim Sobeck, CEO of New South, stated, “We are proud to become part of the Colony Hardware family and especially pleased that our people and locations will remain the same as we add more locations to better service contractors across the South. With Colony's leadership and reputation, I look forward to seeing New South continue on its growth trajectory with Colony’s backing. The future is bright for our business, our associates and the loyal customers of New South and Colony Hardware.”
(Source – BusinessWire)
About Colony Hardware
Colony Hardware, founded in 1988 and headquartered in Orange, CT, has 59 branches across Northeast, Mid-South, Midwest, Mid-Atlantic, and Florida. It provides Equipment & Tools, Safety Products, Supplies, Rental and Repair to construction industry. Their quality and services are unparalleled. Items are carefully chosen based on their value, durability and quality. Colony understands that the public needs goods at the correct place, timing, and price to achieve their rigorous deadlines. They stock more than 25,000 diverse goods from about 750 manufacturers. They aim to finish thousands of orders, so that tradespeople can work safely and efficiently.
Read More
CONSTRUCTION
PR Newswire | May 30, 2023
FlyGuys today announced a new partnership with TrueLook that will revolutionize the construction industry by providing hassle-free jobsite visibility from a new angle. FlyGuys and TrueLook's partnership will combine FlyGuys' network of highly skilled drone pilots with TrueLook's innovative solutions. The resulting offering will include aerial photography and videography for project documentation and progress tracking to meet the specific needs of those in the construction industry.
"With our nationwide network of drone pilots and TrueLook's innovative technology, we can provide construction teams with the tools they need to better manage their job sites, improve safety, and reduce costs," says Jessica Slaughter, National Account Manager of FlyGuys. "We are excited to provide the construction industry with a powerful total jobsite visibility solution at a cost-effective rate."
"TrueLook is an established leader in project documentation and monitoring," says TrueLook COO, Roger Yarrow. "Our advanced camera systems can be deployed all throughout customer job sites, but are mostly limited to the ground. Now, by partnering with FlyGuys, we are focused on expanding into another dimension — the sky. This partnership gives our customers eyes in, around, and above their project sites, offering unmatched visibility and control, which translates into increased efficiency, safety, and cost-effectiveness. This exciting collaboration aligns with our mission of total jobsite visibility."
Construction companies nationwide will reap the benefits of this new partnership, including:
Aerial photography and videography Site surveying Real-time progress monitoring
FlyGuys is a nationwide drone services provider that provides accurate data collection and deliverables to clients in various industries. TrueLook provides turnkey cameras with features designed to meet the needs of those in the construction industry like live viewing, unlimited custom time-lapses, and Intelligent Security.
About TrueLook
TrueLook is a pioneering technology company revolutionizing how construction projects are monitored and managed. Their turnkey camera systems and intuitive platform, provide a comprehensive jobsite visibility solution that empowers construction professionals to make informed decisions, streamline operations, and enhance collaboration. Their cutting-edge features, including live streaming, time-lapse creation, and Intelligent Security, offer unparalleled transparency and efficiency throughout the project lifecycle. Experience total jobsite visibility with TrueLook.
About FlyGuys
FlyGuys is a leading nationwide network of experienced drone pilots offering various services, including aerial photography, videography, site surveying, and 3D mapping to clients in diverse industries. The company is focused on providing exceptional service and innovative solutions to meet the unique needs of its clients.
Read More
IOT, ENGINEERING TECH
Globenewswire | April 06, 2023
TDengine™, the popular open-source time-series data platform, and Casne Engineering, industrial engineering and technology services provider, announced today a strategic partnership aimed at advancing innovation in the Industrial Internet of Things (IIoT) market.
Through this partnership, Casne Engineering will integrate TDengine's time-series database technology into its existing IIoT solutions, creating a comprehensive IIoT platform for industrial customers. The collaboration seeks to help customers improve operational efficiency, reduce downtime, and increase overall equipment effectiveness (OEE).
“Joining forces with TDengine will help to expand the range of possibilities in delivering cutting-edge IIoT solutions to our customers,” said Nick Wiley, executive vice president of Casne Engineering. “We chose TDengine because of its flexibility and performance for ingesting time-series data in the cloud. There’s no question about the platform’s ability to scale with us.”
Using the TDengine platform and TDengine PI Connector, Casne will be better able to marshal large quantities of sensor data into the cloud, centralize data from disparate on-premise systems and geographical locations, share select data elements with partners and vendors, and perform real-time analytics using modern cloud tech stacks.
"Collaborating with Casne Engineering will allow TDengine to accelerate innovation in the IIoT space,” said Jeff Tao, CEO of TDengine. “Our partnership will enable customers to extract more value from their data, optimizing their operations for increased productivity and profitability."
About Casne Engineering
Casne Engineering is an independent engineering, integration, and technology services firm with a rich history of over 40 years and a team of 120 professionals. The company provides comprehensive services from conceptualization to design, development, integration, and ongoing maintenance support. With expertise across multiple industries, the company delivers high-quality engineered systems to both the public and private sectors, from small startups to Fortune 50 companies, worldwide.
About TDengine
TDengine™ is the popular, open-source data platform purpose-built for time-series data. With over 20,000 stars on GitHub and hundreds of new installations daily, TDengine is used in over 50 countries worldwide. The company is headquartered in Los Gatos, CA, and has raised $70M in venture capital.
Read More