ConstructConnect Acquired by Roper Technologies
CINCINNATI, OH and THE WOODLANDS, TX (PRWEB) October 31, 2016 -- ConstructConnect, a leading US and Canadian based construction information and technology company, announced today that it has been acquired by Roper Technologies. Roper’s On Center Software business will work closely with ConstructConnect to explore opportunities to integrate product roadmaps and deliver expanded value to our customers.
“I’m extremely excited about this transaction and its positive impact on the evolution of our business and the advancement of our industry,” said Dave Conway, ConstructConnect’s President and CEO. “Roper has a proven track record of growing software businesses through innovation and continued investment. Roper’s ownership will further extend our strong commitment to our customers and employees.”
“The On Center team and our customers will benefit from Roper’s acquisition of ConstructConnect,” remarked Angelo Castelli, On Center Software’s President. “Bringing these two platforms together provides an enhanced suite of integrated applications and project information to all of our customers.”
“We are excited to work closely with On Center Software,” added Mr. Conway. “ConstructConnect’s powerful network, construction project data and documents, combined with On Center’s market-leading takeoff, estimating and project management tools, will enable our customers to improve efficiencies and drive better results.”
“ConstructConnect has been a pioneer in providing new software tools to the construction industry with their cloud-based collaborative network, bringing construction project participants together to access and share information,” said Brian Jellison, Roper’s Chairman, President and CEO. “We look forward to working with the ConstructConnect and On Center teams to build ever more innovative solutions for the construction industry.”
ConstructConnect was previously owned by private equity firms Genstar Capital and Warburg Pincus. Aeris Partners and Guggenheim served as financial advisors to ConstructConnect on the transaction.
About ConstructConnect
ConstructConnect’s collaborative network empowers the construction industry to be more successful with access to relevant information through easy to use technology. Headquartered in Cincinnati, Ohio and with eight other offices in the US and Canada, ConstructConnect brings project participants together throughout North America with the most complete, accurate and actionable construction data to drive success in their markets. For more information, visit http://www.constructconnect.com.
About On Center Software
On Center Software has provided software and training to construction industry professionals for over 28 years. Located in The Woodlands, Texas, its mission is to transform the estimating, takeoff, and labor-tracking experience with comprehensive software solutions that turn winning bids into profitable projects. On Center Software solutions include Oasis Takeoff™ and Oasis FieldCenter™, On-Screen Takeoff®, Quick Bid®, and Digital Production Control™. Customers in over 60 countries around the world leverage On Center Software’s internationally recognized solutions. In July 2015, On Center Software became a wholly owned subsidiary of Roper Technologies. For more information, visit http://www.oncenter.com.
About Roper Technologies
Roper Technologies is a diversified technology company and is a constituent of the S&P 500, Fortune 1000, and the Russell 1000 indices. Roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for construction, healthcare, transportation, food, energy, water, education and other niche markets worldwide. Additional information about Roper Technologies is available on the company’s website at http://www.ropertech.com.
Deborah Reale, ConstructConnect, http://www.isqft.com/, +1 (770) 209-3372, [email protected]
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