Estimate Software Acquired by JDM Technology Group
MPulse Software announced its parent company, JDM Technology Group, has acquired Estimate Software Limited, a leading provider of construction estimating software. The transaction closed as of August 31, 2017, after approval by Estimate Software’s founders and owners, John Forster and Barry Groom. JDM is a global group of leading software providers for the architecture, engineering, and construction industries. Estimate Software is based in Witney, UK, and provides estimating and takeoff software as well as price libraries for the construction industry in the United Kingdom and around the world. The acquisition strengthens the JDM Technology Group with a broader offering of estimating software solutions to its existing customer base as well as increased construction software offerings to Estimate’s customers. “We are pleased to complete this transaction with the JDM Technology Group,” said Barry Groom, co-owner of Estimate Software. “Working with our customers and the construction industry has been very rewarding. As we considered next steps, we looked for an acquirer that could serve our customers and continue our legacy by building the Estimate brand and organization. With its focus on customer-service and construction software, I’m confident the JDM Technology Group is the right choice. Our customers will be supported by a group of leading construction software organizations that are unparalleled as they collaborate in redefining the future of the construction industry.” Having acquired numerous companies since 2004, the JDM Technology Group has established a proven strategy for integrating acquired companies into its existing infrastructure. Estimate Software will continue to operate as a separate brand with its existing staff, while combining with the resources of Integrity Software Systems, a JDM Technology Group company based in Lincoln, UK, with which Estimate shares some customers. Sophie Hurst, Managing Director of Integrity Software, will lead Estimate Software and oversee day-to-day operations of both Estimate and Integrity. Both Barry Groom and John Forster will continue with the company during the transition period. “Our Buy and Build strategy ensures that customers continue to have access to the best technology globally. In addition, by retaining the Estimate staff and organization, customers will continue to receive service and support from the same people they are used to,” commented Jim McFarlane, CEO of the JDM Technology Group. “As well, we do not end-of-life any products, allowing customers to continue with their preferred software. This strategy creates strong growth and enables the JDM Technology Group to continue to be an excellent home for leading construction software companies.” MPulse Software welcomes Estimate Software to the JDM family.
MPulse Software Acquired by JDM Technology Group
[related-content] MPulse Software, Inc.,announced today that it has been acquired by JDM Technology Group, a leading provider of software solutions for the global construction industry. As of April 1, 2017, MPulse Software, Inc became MPulse Software, Inc., a JDM Technology Group company. The acquisition will position the companies to lead the maintenance management software industry in providing reliable scheduling, tracking, and reporting tools for equipment and facilities maintenance organizations. The transaction closed on March 31, 2017, after approval by the SpecTech board of directors and stockholders. GT Securities acted as financial advisor to SpecTech on the deal. MPulse will continue to operate under its own brand with its existing headquarters staff based in Eugene, Ore., and additional sales offices in Colorado, Delaware, Indiana, Pennsylvania, and Texas. The company will also continue to provide products and services through its reseller network in Dubai, Indonesia, Malaysia and Saudi Arabia. MPulse founders Steve Brous and Gil Achterhof will retire, and MPulse President Jason Johnson and CTO Randall Brous will remain in their current roles to lead the organization. “Our new relationship with JDM carries on the legacy of MPulse founders Steve Brous and Gil Achterhof,” Johnson said. “Our choice to partner with JDM was based on a mutual commitment and connection to the industries and customers we both serve. Our strong presence in the maintenance software industry, coupled with JDM’s expertise in the construction industry, will further expand our ability to make maintenance operations more productive and efficient for customers around the world.” “This acquisition strengthens and extends MPulse’s ability to provide industry-leading CMMS software products and services to our customers worldwide,” said Randall Brous. “We look forward to leveraging JDM’s global scale to expand well beyond the 24 countries we currently serve. JDM is a company that shares our commitment to developing the best possible solutions on the most robust technology available, including our emerging Internet of Things (IoT) solutions.” Founded by Steve Brous and Gil Achterhof in 1995 as a division of SpecTech, Inc., MPulse is a provider of maintenance management software developed by experts in maintenance, repair, and operations (MRO) and facility management. For the past 22 years, MPulse’s world-class solutions have provided reliable planning, scheduling, tracking, and reporting tools for thousands of equipment and facilities maintenance teams in over 100 industries. Having acquired numerous companies since 2004, JDM Technology Group has established a proven strategy for integrating acquired companies into its existing infrastructure. “Our Buy and Build strategy ensures that customers continue to have access to the best technology globally,” said JDM CEO Jim McFarlane. “And by retaining the MPulse staff and organization, customers will continue to receive service and support from the people they know by name. At JDM, we do not end-of-life any products, allowing customers to continue with their preferred software. This strategy creates strong growth and enables the JDM Group to continue to be an excellent home for leading software companies.”
MPulse Employee Supports Local Down Syndrome Organization
As part of its focus on giving back to our communities, MPulse Software, Inc is pleased to recognize the efforts of MPulse product specialist Dan Nagel, who recently became involved in a charity golf event hosted by Dads Appreciating Down Syndrome (DADS) of the Down Syndrome Association of Northeast Indiana. Thanks to a generous donation from the Donald Ross Golf Course, $75 of the event’s $100 green fee went directly to the DADS group. The money will help provide therapies for local children with Down syndrome. “More people are diagnosed with Down syndrome than any other genetic condition,” Dan said. “But it’s the least funded. The money we raised will help local children with Down syndrome receive therapies that will make a huge difference in their lives.” One in every 691 babies in the United States is born with Down syndrome, making it the most common genetic condition. Approximately 400,000 Americans have Down syndrome and about 6,000 babies with Down syndrome are born in the United States each year, according to the National Down Syndrome Society. DADS is a community group for fathers of children who have Down syndrome. In addition to providing support and a sense of community, DADS also advocates for medical, educational, financial, social, and other causes applicable to people with Down syndrome. The Down Syndrome Association of Northeast Indiana is a support service for children and adults in the area. Dan’s participation in his local DADS group is personal. He joined after his newborn son was diagnosed with Down syndrome. “I didn’t know much about Down syndrome before Rowen was born,” he explained. “The more I learned, the more I realized that even though it’s the most common genetic condition, it doesn’t receive the attention of researchers or the financial support that could make a big difference.” MPulse encourages and rewards community service by allowing employees paid time off work to contribute. “Giving back to our communities is part of the MPulse company culture,” explained Steve Brous, MPulse President and CEO. “Dan’s a great example of someone who is making a difference in the lives of local children, while also encouraging support for people with Down syndrome both nationally and around the world.” The mission of the Down Syndrome Association of Northeast Indiana is to enhance the lives of people affected by Down syndrome, advocate on their behalf, provide information and support to families and professionals, and promote acceptance and inclusion of people with Down syndrome in northeast Indiana.
MPulse Partners With Rivers of Recovery to Support Combat Veterans
In May of 2013, as part of its focus on giving back, MPulse Software, Inc began working with Rivers of Recovery, a national non-profit organization providing outdoor recreational rehabilitation programs to combat veterans. To date, MPulse has contributed over $2100 and more than 100 hours of volunteer time to help bring these valuable programs to veterans in Oregon and around the country. During September 2015, we were proud to once again support their efforts by helping host a veterans trip near Eugene, OR. This year’s trip, September 18-20, provided the opportunity for 5 veterans to enjoy 2 full days of fly fishing on Oregon’s famed McKenzie River, with guiding and accommodations provided by Eugene’s Caddis Fly Shop. All involved agreed it was a great experience. “I’m not even much of a fisherman,” said Vietnam-era Marine Corps veteran Marc Waszkiewicz, “and I really enjoyed it. It was good to be around other veterans and spend two full days in the sunshine listening to the symphony of waters around me. Really therapeutic.” Waszkiewicz, author of the recently published photo book 1000 Yard Stare, has long suffered from post-traumatic stress disorder (PTSD) and says he’s made it his mission to “learn all I can about therapies that can help veterans like me find relief from PTSD’s devastating effects. I’m impressed with what Rivers of Recovery is doing.” MPulse CEO Steve Brous weighed in, saying, “Giving back by working with groups like Rivers of Recovery is one of the most important things we do as a corporate citizen. MPulse supports a range of deserving non-profits through donations, and we grant our employees paid time off to volunteer, as well. I’m so glad we’ve gotten this opportunity to support our nation’s heroes through this terrific organization, and I’m looking forward to continuing and deepening our relationship with Rivers of Recovery.” Rivers of Recovery was formed in 2008 by Executive Director, Dan T. Cook, as a means to help combat veterans overcome the invisible scars of war. They employ medically-designed curriculum coupled with outdoor recreational activities to treat combat veterans suffering from PTSD, minor traumatic brain injury (TBI), stress, anxiety, and depression. To learn more about Rivers of Recovery or to make a donation, we encourage you to visit their website at www.riversofrecovery.org.