US construction tech firms merge

US construction tech firms Dodge Data & Analytics and The Blue Book Building & Construction Network have merged.

The firms specialise in data insight, market intelligence, firm discovery and networking.

The combination will result in the Dodge | Blue Book Construction Industry Database, containing more than 10 billion data elements, with information about projects, people, firms and products in the industry.

Dodge’s owner, Symphony Technology Group (STG) – a private equity firm focused exclusively on business-to-business data, software and analytics companies – facilitated the transaction.

The firm’s managing partner William Chisholm said: “The Blue Book is one of the most respected brands in the construction industry, providing an indispensable resource for construction professionals to find one another to facilitate the connections necessary to deliver commercial construction projects.

“Combining The Blue Book with our existing portfolio company Dodge, the market leader in construction project information, allows us to create an indispensable resource for every firm on a local, regional or national level seeking information, connections and unique insights to create new relationships and to grow their business.”

The Dodge and The Blue Book combination will be said to offer a unified approach for new business generation, business planning, research and marketing services.

Dodge chief executive Daniel McCarthy will lead the combined company and The Blue Book president and general anager Brian Tonry will continue in his current role.

Former Blue Book CEO Richard Johnson will serve as a member of the combined company’s board of directors.

McCarthy said: “The construction industry is undergoing a major digital transformation across the entire business lifecycle, and uniting Dodge and The Blue Book will provide construction business leaders the data and digital connections that help fuel their growth.

“We’re confident that our combined offering will be unmatched and will help our customers improve their planning, win more new business and cultivate stronger relationships with the decision-makers that are involved in specifying products and awarding contracts for billions of dollars of construction projects every year.”

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