The combined business served 23,000 clients, over 1.1 million users and facilitated over $200 billion in annual construction project value in 2020. The integrated, SaaS-enabled platform offers flexible project management, bookkeeping, supplies procurement, customer engagement and payments services to alleviate the most common pain points that lead to costly, uncoordinated projects and dissatisfied clients. This transaction makes Buildertrend the largest construction management software platform dedicated to empowering independent and custom homebuilders, contractors and remodelers with the tools to better coordinate projects, control finances and communicate with clients and crews. CoConstruct Founder Donny Wyatt will serve as an advisor to lead integration efforts. Buildertrend Co-Founder and CEO Dan Houghton will lead the combined company alongside Co-Founders Steve Dugger and Jeff Dugger. Existing CoConstruct investor Serent Capital is reinvesting in the combined company. Funding for the acquisition is provided by a growth investment in Buildertrend by Bain Capital Tech Opportunities and HGGC. Combined network serves 23,000+ clients and generates over $100MM in annual recurring revenueīuildertrend, 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.Will offer the most comprehensive suite of SaaS products and services that empower independent and custom residential construction businesses.
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