ENGINEERING TECH

Universal Engineering Sciences And BDT Capital Partners Have Announced A Long-Term Strategic Partnership

BDT Capital Partners | July 30, 2021

Universal Engineering Sciences® (UES), a national leading engineering and consulting firm specialising in geotechnical engineering, construction materials testing, building code compliance, threshold inspections, and environmental consulting, has recently revealed that BDT Capital Partners, LLC ("BDT") has agreed to create a meaningful strategic investment in the company through an affiliate agreement. BDT, which is linked with BDT & Co., LLC, a merchant bank that provides long-term specialised capital to family- and founder-led firms, will become the majority stakeholder of UES, combining existing shareholders Palm Beach Capital, company founders, and the management group. Michael Burke, former AECOM Chairman and CEO and current UES Chairman, will remain in his current position.


"UES is an industry leading geotechnical engineering, building materials testing, and environmental consulting services firm with an expanding national footprint," stated Ben Sher, Partner at BDT Capital Partners. "BDT's long-term commitment to the UES and Palm Beach Finance is consistent with our merchant banking approach of providing patient capital to founder and family-led firms, comparable to the enterprises that have formed the backbone of the UES platform."

Nate Ward, co-founder of Palm Beach Capital, and industry veteran Gary H. Elzweig, PE, F.ASCE founded the UES family of firms. Elzweig will continue to serve as Vice-Chairman of the firm. Nate Ward and Palm Beach Capital will continue to be significant investors and will have board involvement.


"We are delighted to work with BDT because of their experience investing in and coaching founder-led enterprises with transformative growth possibilities," Ward added.
"We would like to thank our partners, as well as every member of the UES team, for their contributions that contributed to this critical milestone. UES will realise its aim of being the nation's most sought after, respected, and successful geotechnical, building materials testing, inspections, and environmental consulting firm with BDT as the principal investor."


"The geotechnical engineering, construction materials, and environmental services industries are very fragmented," Burke said. "I see a tremendous deal of opportunity to identify and partner with strong, well-run businesses that will increase our portfolio and geographic reach." "As the country focuses on repairing and improving existing infrastructure, we play an important role in servicing engineering firms, developers, contractors, and architects in all of our locations. I am excited to work with this outstanding leadership team as they guide UES through our next chapter of tremendous growth and development."


Founded in 1964 by Sy Israel, UES has over six decades of expertise and recognition as the best engineering and consulting firm in the geotechnical engineering area, and is well-positioned to serve the demands of commercial, residential, and civic customers nationwide. UES has recently merged with GFA International, Inc., NOVA Geotechnical & Inspection Services, Contour Engineering, Wallace-Kuhl & Associates, Construction Testing & Engineering, SUMMIT Engineering, Laboratory & Testing, P.C., GEOServices, LLC, McGinley & Associates, and Geotechnology Inc., making it one of the largest and most resource-rich organisations of its kind in the country.


UES, a privately held corporation, has made a commitment to organic expansion as well as strategic acquisition. UES has locations in high-growth regions throughout the South, Midwest, and West, including Florida, Georgia, Alabama, North and South Carolina, Washington, D.C., California, Utah, Nevada, Missouri, Illinois, Kansas, Ohio, Kentucky, Tennessee, Mississippi, and Arkansas.


The investment is scheduled to close in the third quarter of 2021, subject to customary restrictions.

About Universal Engineering Sciences
Universal Engineering Sciences, based in Orlando, is a fast-growing engineering and consulting firm with nearly six decades of experience in geotechnical engineering, construction materials testing, building code compliance, threshold inspections, and environmental consulting. UES is regarded as an industry pioneer, at the forefront of evolving technology, best practises, and relevant legislation. Public and private clientele are represented in projects ranging from transportation and healthcare to commercial and education. UES engineers, geologists, certified inspectors, and scientists are uncompromising in their commitment to excellence, treating each project as an opportunity to create long-term client relationships.

UES recently ranked first on the Zweig Group Hot Firm List, which recognises the fastest-growing firms in the architectural, engineering, planning, environmental, and construction (AEC) industry. UES consults on projects of all kinds, with 2,500 professionals spread over 60 branches in 17 states, to assist deliver critical infrastructure and develop safe and successful communities.

About BDT Capital Partners
BDT Capital Partners provides long-term, distinctive capital to family and founder-led enterprises. Over the course of its investment funds, the firm has raised more than $18 billion, and its worldwide investor base has invested an additional $10 billion in debt and stock in the funds' portfolio firms. BDT & Company, the firm's affiliate, is a merchant bank that works with family and founder-led businesses to achieve their strategic and financial goals. BDT & Company offers problem-solving expertise and access to a world-class network of business owners and leaders.

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In today’s user-centric world, applications are increasingly at the heart of how your customers experience your products and services. Consistently good application performance is now essential to business success. This is where the quality of application performance enters the picture. Given the complexities of today’s modern application environments, applications should be tested early, often, and thoroughly in the development cycle using processes and solutions to fit your specific needs.


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ENGINEERING TECH

First Residential Building to Be Built Entirely From HOFFMANN Carbon-free and 0% Clinker Concrete

MAULINI | May 11, 2022

Hoffmann Green Cement Technologies an industrial player committed to decarbonizing the construction sector that designs and distributes innovative clinker-free cement, announces the construction of an R+6 (six-storey) building made entirely of Hoffmann decarbonated concrete in Geneva, Switzerland with the Maulini Construction Group. One year after signing its first international contract with the Swiss construction group Maulini, concrete castings made with Hoffmann's H-UKR cement, are accelerating and are currently being used for the complete construction of a six-storey building (foundations, columns, beams, floors and walls) in Geneva. This is the first multi-family building in Europe to be 100% built with carbon-free and clinker-free concrete. "The completion of this large-scale, fully carbon-free construction site in Switzerland demonstrates both the competitiveness and quality of Hoffmann concrete and, more generally, that it is already possible to massively decarbonise the construction sector with our technologies.” Julien Blanchard and David Hoffmann, co-founders of Hoffmann Green Cement Technologies Nicolas Maulini, Chairman of the Maulini Group, states: "We are proud of the partnership we are developing with Hoffmann; it allows us to offer our clients and to use Hoffmann cement on our construction sites right now. On site, Hoffmann's carbon-free concrete performs perfectly and allows us to build this six-storey building with unprecedented environmental performance in full compliance with our schedule and specifications. We will carry on with large-scale projects of this type in order to meet the growing demand of all our partners for carbon-free construction.” ABOUT HOFFMANN GREEN CEMENT TECHNOLOGIES Founded in 2014 and based in Bournezeau Hoffmann Green Cement Technologies designs, produces and distributes innovative extremely low-carbon cements – with a carbon footprint 6 times lower than traditional cement – that present, at equivalent dosage and with no alteration to the concrete manufacturing process, superior performances than traditional cement. With one 4.0 industrial sites already operational and two new sites on the way, the Group has industrialized a genuine technological breakthrough based on alterations to cement’s composition and the creation of a clean, heating-free and clinker-free manufacturing process making it a leading and unique player on a cement market that has not undergone any significant changes in the last 200 years. Within the context of the climate emergency, Hoffmann Green Cement is thus actively participating in the energy transition by working to create eco-responsible buildings and by encouraging the circular economy and the preservation of natural resources. Thanks to its unrivaled technological know-how that is constantly improving, driven by effective and cutting-edge teams, Hoffmann Green Cement Technologies addresses all construction sector markets, both in France and abroad. ABOUT MAULINI Maulini is a century-old family business with 250 employees, which has been one of the main players in Geneva and the Lake Geneva region in construction, renovation, civil engineering and general contracting since 1910. Driven by strong values, the 4th generation is leading the company with the aim of making it evolve with the times and projecting it into a sector that must reinvent itself in order to minimise its environmental impact.

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CONSTRUCTION

Extracker raises $7 million Series A to expand Change Order platform for construction

Extracker | June 09, 2022

Extracker, the construction industry's only change order communication platform, which digitizes manual workflows and creates financial transparency between construction stakeholders, has raised $7 million in an oversubscribed Series A. Leading the round is Cloud Apps Capital Partners, joined by the construction tech veterans at Building Ventures, and follow-on investment from Jackson Square Ventures who led the Seed round in June 2021. Joining the board are Andy Stinnes, general partner at Cloud Apps Capital Partners, and Jesse Devitte, co-founder and general partner at Building Ventures. Stinnes, who led the investment round, has seen this network model first hand. Even in the challenging investment environment, he sees an exceptional opportunity in the construction technology SaaS platform. "Extracker can emerge as an industry utility in global construction, connecting all the players as the backbone for modern, mobile collaboration to unlock over $20 billion in shared value. We have personally seen this very model play out in both the supply chain and B2B payments markets and know how incredibly valuable and irreplaceable such Industry Utility SaaS companies will become." Allen Preger, Building Ventures Partner and construction technology veteran, understands the issue and opportunity after years solving construction workflows as co-founder at Newforma. "Change orders can make or break a project and put at risk the trust between contractors, owners, designers and subs. Extracker promotes a collaborative versus combative approach to change management; and has demonstrated it can sell and deliver tangible value to each stakeholder in the process. We're excited to back Cameron and the Extracker team, and we can't wait to see where they take it from here." Technology trends such as 3D design are reshaping the future of construction. With a shift towards faster, more iterative project delivery, the industry is at its breaking point with the current tools available including paper, spreadsheets, email and siloed financial software suites. The industry is still tracking 99% of over $150 billion in project Change Orders on paper, email and static spreadsheets, and Extracker is already addressing a massive pain point in commercial construction. Since its inception, they have helped contractors efficiently process and eliminate surprise costs on over $2.2 billion in Change Orders and T&M Tickets. Regardless of what financial software a Specialty Contractor, General Contractor or Owner is using internally, Extracker keeps everyone on the same page in real-time. Using their cloud-based COR Log, Subcontractors can send CORs and have them instantly appear in their General Contractor's account. Contractors now have a shared source of truth to ensure their internal forecasts align with their project partners. Extracker customers are experiencing the benefits of a centralized platform for tracking Change Orders between all project stakeholders and as a result see upwards of 95% faster time to process and close out extra work. Over the past year, they have doubled their paying customers and are proud to have built a platform that supports construction companies of all sizes and across every single trade vertical, including industry leaders like: BrandSafway (scaffolding), Conco (concrete), Performance Contracting Group (drywall), Permasteelisa (glass and glazing), NOVO (general contracting), and BuildGroup (general contracting). At Extracker, we are finding innovative ways to better equip our customers with the tools they need. With this new round of funding, we are expanding our integrations to the industry's most popular project management and accounting systems like Procore, CMiC and Sage, which seamlessly sync CORs and T&M Tags into all stakeholders' systems-of-record. Given the speed and accuracy of Change Order information being collected in our platform, we are excited about the powerful reporting and analytics engine that will harness never-before-captured data our industry leading customers are collecting about their projects." Cameron Page, founder and CEO of Extracker About Extracker Extracker's mission is to create financial transparency between commercial construction companies by reducing exposed risk and time spent tracking extra work. This is done through the industry's only Change Order Communication Platform, which supercharges extremely manual workflows and connects companies outside of their internal financial software to resolve Change Orders in real-time. Along with a collaborative cloud-based log, Extracker includes digital Time and Material Tags, standardized Change Order Templates, trackable Change Notifications, and more, to organize and streamline the process. Extracker is backed by leading enterprise application and construction technology investors Cloud Apps Capital Partners, Building Ventures, and Jackson Square Ventures.

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CONSTRUCTION

Black Buffalo 3D and MAPEI Announce Complete 3D Construction Printing Solution with Launch of Planitop 3D Construction Ink

Black Buffalo 3D Corporation | May 09, 2022

Black Buffalo 3D Corporation a leading provider of large-scale 3D construction printers and MAPEI Corporation a leading construction materials provider for the building industry have announced a strategic research, development, and manufacturing partnership for the 3D construction printing industry. Their first collaboration Planitop 3D is made to work with NEXCON 3D Construction printers for better performance at a fraction of the cost of existing building materials. The combination of equipment and materials will be utilized in the recently announced 200 home community being printed by Alquist 3D in Pulaski, VA. "The Black Buffalo 3D team recognized the need for standardization in materials to drive the next phase of growth in the 3D construction industry," remarked Michael Woods, CEO/COO of Big Sun Holdings, Black Buffalo 3D's parent corporation, "MAPEI was able to enhance the formula our team developed and take it to the next level, outclassing every product on the market – that makes 3D printing homes, buildings and infrastructure financially feasible on nearly every level." Planitop 3D is now available through MAPEI across North America. This cement-based construction ink/mortar was specially developed through years of research, testing, and evaluation by independent and in-house material scientists at Black Buffalo 3D Corporation, MAPEI, and various 3rd party labs including Intertek based in York, PA. Held to the strictest standards and created to increase efficiency on the jobsite and throughout its lifecycle, Planitop 3D is designed to quickly set-up and support every layer printed above it. "MAPEI has always been known for innovation and for helping communities around the nation. The 3D-printed homes and other structures printed with Planitop 3D and Black Buffalo 3D's NEXCON printers represent technology at its most compassionate creating a more affordable housing market, We are proud to be involved in this evolution in construction and housing." Luigi Di Geso, MAPEI Corporation's President and CEO While this is the first public announcement, materials scientists from Black Buffalo 3D and MAPEI have been hard at work for over a year fine-tuning a cement-based construction ink for the 3D construction industry. Milestones already achieved include several 13+ hour print sessions on NEXCON printers by the Black Buffalo 3D team in Elizabeth, NJ, which have been verified by members of the ICC-ES approved lab Intertek. The verification process used stringent testing to the criteria of the ICC-ES AC-509 standard for 3D printed walls. The official results and reporting are expected to be released in the upcoming months. About Black Buffalo 3D Corporation Black Buffalo 3D Corporation is the NY based, US affiliate of HN Inc. co. Ltd.-formerly Hyundai BS&C Co. Ltd.–and subsidiary of Big Sun Holdings Group, Inc. Black Buffalo 3D is poised to revolutionize construction and become the leading global provider of smart 3D construction printers (3DCP), proprietary construction "ink" (Planitop 3D) and 3D print construction consulting services. Print smart and sustainable infrastructure on-demand with Black Buffalo 3D NEXCON printers available now. Stay tuned for updates on our clients' projects and development of groundbreaking 3D construction ink materials. MAPEI Founded in 1937 in Milan, MAPEI is now one of the world's leading manufacturers of chemical products for the building industry and has contributed to the construction of some of the most important architectural and infrastructural works worldwide. With 91 subsidiaries operating in 57 countries and 84 manufacturing plants in 35 different nations, the Group employs about 11,000 staff worldwide. The foundations for the success of the company are specialization, internationalization, research & development, and sustainability.

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ENGINEERING TECH

Engineering Firm Psomas Acquires Seattle-based Firm KPG

Psomas | January 19, 2022

Engineering consulting firm Psomas announced today it has expanded its service capabilities and geographic footprint to serve the Pacific Northwest through the acquisition of Seattle-based KPG. KPG, known for its focus on interdisciplinary design, planning and surveying, is now KPG-Psomas."We've become deeply familiar with KPG's caliber of projects, vision and broad range of planning, design and construction services, said Psomas CEO Steve Margaroni. "Plus, over the last several years, we've developed a trusting relationship with KPG, based on mentorship and our similar cultures. It's the ideal time to move forward together. KPG's 100+ employees will join forces with Psomas' employee base of 600+ in 13 offices throughout Arizona, California and Utah. KPG's talented staff adds new strengths that will complement the Psomas brand, including landscape architecture and urban design presence. "KPG is eager to join Psomas because it will allow us to grow and identify new opportunities in surveying, construction management, environmental and engineering, KPG will continue to deliver a high level of services with additional technologies and support." -KPG CEO Sessyle Asato, PE. With a strong project pipeline and a bright outlook for 2022 and beyond, this acquisition signals the strength, resilience and growth in the architecture, engineering and construction (AEC) industry. With the expanded team Psomas seeks to foster environments where team members can thrive while making a lasting impact in the communities collectively served. About Psomas Psomas is an employee-owned engineering consulting firm that serves the Western U.S. with unmatched professionalism, a broad offering of services and a first-class team of professionals. With a rich 75-year history and an eye on the future, you'll find the team mastering sustainable solutions for growing communities with projects in construction management, engineering, environmental and surveying and geospatial services. Psomas embraces a people-first culture that prioritizes work-life balance, social responsibility and a focus on growth and development. Psomas.com About KPG-Psomas KPG-Psomas is an interdisciplinary design firm with offices in Seattle, Tacoma and Wenatchee. In 32 years, KPG grew from an eight person firm to more than 100 professional design staff and became known throughout Washington as a firm that creates innovative public spaces that benefit the social fabric of the surrounding communities. Representative work includes multiple award-winning, transformative projects for the City of Redmond, design of a 20-acre park in the City of Sammamish featuring ADA-accessible pathways, and re-imagining the downtown street systems in the City of Renton.Our work places an emphasis on technically advanced projects that integrate engineering, landscape and performance building design, often with an emphasis on LEED and sustainable principles. Kpg.com

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Spotlight

In today’s user-centric world, applications are increasingly at the heart of how your customers experience your products and services. Consistently good application performance is now essential to business success. This is where the quality of application performance enters the picture. Given the complexities of today’s modern application environments, applications should be tested early, often, and thoroughly in the development cycle using processes and solutions to fit your specific needs.

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