Tag: Expands
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Heartland Paving expands into NJ with Garden State acquisition.
Heartland Paving Partners (“Heartland”), a leading provider of commercial parking lot asphalt and concrete repair and maintenance services, proudly announces the acquisition of Garden State Pavement Solutions (“Garden State”), a full-service pavement solutions provider serving New Jersey and parts of eastern Pennsylvania. This acquisition marks Heartland’s entrance into the New Jersey market and underscores its…
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Camber Real Estate Expands Acquisitions Team with New Hires
Camber Real Estate Partners (Camber), a leading private real estate investment firm specializing in the acquisition, development, and operation of light-industrial properties in select East-Coast markets, has announced the expansion of its in-house acquisitions expertise with the appointment of two new team members. Kevin Interlicchio joins Camber as the firm’s new Director of Acquisitions while Connor…
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BuiltWorlds Expands Global Innovators List to Recognize the Industry’s Growing Appetite for Change
Innovation in the construction industry is evolving rapidly, and BuiltWorlds’ fifth annual Global Innovators list is a testament to this transformation. The 2024 edition of the list has expanded from 50 to 75 companies, reflecting the industry’s increasing drive and capacity for adopting groundbreaking technologies and methodologies. Celebrating a New Era of Innovation Each year,…
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OpenSpace Expands Its Strategic Capital to $111M
OpenSpace, a 360° construction jobsite capture and AI-powered analytics company, has announced US$9M in additional strategic capital for its Series D round. The latest funding brings the total capital raised to US$111M. The investment comes from funds managed by existing investors Taronga Ventures and GreenPoint Partners. OpenSpace will use the to continue scaling the business and developing additional AI-powered…
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Kwant Expands Its Connected Construction Solution
Kwant, the New York-based construction software company, has announced a product expansion that supports Lean Construction-based waste reduction. The expansion provides digital transparency for construction sites by connecting each data node to improve safety and productivity. As construction projects become more challenging, the need for fully connected jobsites and data-driven decisions becomes critical. Kwant solves the…
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EVERCAM Construction Cameras Expands Digital Twin Capabilities with Bentley Funding
Evercam Ltd. (EVERCAM), the leading provider of construction camera software announced a financial investment by Bentley iTwin Ventures, a part of Bentley Acceleration Initiatives. Bentley Acceleration Initiatives is the internal incubator for strategic investments of Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company. This investment and technical integration of Bentley’s iTwin® platform will…
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Suffolk Expands Services Beyond Construction
Suffolk, one of the most innovative and successful contractors in the USA, unveiled a diversification strategy. It is focused on leveraging the company’s core competency of construction and expanding into additional service lines to create a fully-integrated platform that adds value for clients across the entire building lifecycle. As part of the strategy, Suffolk launched…