B.C.’s BuildCentrix acquires California tech company
San Francisco-based SiteTrace helps customers procure materials more accurately and efficiently.
Vancouver-based BuildCentrix has acquired a Californian technology company that provides material procurement software for the construction industry.
BuildCentrix stated that by uniting teams and leveraging data, the acquisition will expand BuildCentrix’s footprint and help the construction industry build more efficiently.
The acquisition is San Francisco-based SiteTrace which aims to streamline construction workflows, prevent schedule delays, and improve project profitability.
“We’re excited to acquire an agile company such as SiteTrace to bring our best of breed applications to the industry,” said James Beveridge, BuildCentrix CEO. “With a strong focus on customer success, we help our clients reduce waste and save time in material procurement and management.”
SiteTrace primarily services contractors in the mechanical trade. Officials noted that that over time, SiteTrace and its customer base will become integrated with BuildCentrix.
“We founded SiteTrace as a fanatically customer-focused company dedicated to improving the way contractors procure materials,” said Mehul Kulkarni, SiteTrace CEO and co-founder. “We are excited to bring contractors to a comprehensive solution by joining with BuildCentrix and dramatically improve the way they do business.”
According to BuildCentrix’s website, its team developed a one-of-a-kind algorithm to create original 3D build-ready mechanical, electrical and plumbing (MEP) content and a dynamic workflow platform to address contractor needs in the $200 billion MEP sector.
The company says it also provides the only web-based 3D assembly builder for HVAC and piping/plumbing trades. The platform is also fully integrated with Autodesk building environments including Revit, CAD, and CAM software.
