Buildertrend Acquires CoConstruct to Create Market Leader in Construction Management Software
- Will offer the most comprehensive suite of SaaS products and services that empower independent and custom residential construction businesses
- Combined network serves 23,000+ clients and generates over $100MM in annual recurring revenue
News provided by
Share this article
Share this article
OMAHA, Neb. and CHARLOTTESVILLE, Va., Feb. 24, 2021 /PRNewswire/ -- Buildertrend, the leading provider of cloud-based construction management software for homebuilders, remodelers and specialty contractors, today announced the acquisition of CoConstruct, a complementary provider of construction project management software for the residential construction industry. Funding for the acquisition is provided by a growth investment in Buildertrend by Bain Capital Tech Opportunities and HGGC. Existing CoConstruct investor Serent Capital is reinvesting in the combined company. Buildertrend Co-Founder and CEO Dan Houghton will lead the combined company alongside Co-Founders Steve Dugger and Jeff Dugger. CoConstruct Founder Donny Wyatt will serve as an advisor to lead integration efforts.