IndustrySmarts Acquired by JDM Technology Group - November 2017
We are pleased to announce that the JDM Technology Group is growing again through the acquisition of electrical industry marketing platform and pricing provider IndustrySmarts Inc. in Glastonbury Connecticut USA.
IndustrySmarts was founded in 2000 and today provides the leading technology platform connecting manufacturers, distributers, and contractors in the electrical industry in North America. The acquisition continues the JDM Group's global Buy and Build strategy to acquire construction software companies and build and grow their businesses within the group. The IndustrySmarts team will continue as a separate company operating from their Glastonbury, CT headquarters with employees across the US. Current president Keith Peck will continue to lead the business in that role. Mark Liss, President of Explorer Software, and the Explorer team will help to bring IndustrySmarts into the group.
Acquiring IndustrySmarts gives us a strong position in the North American electrical industry providing further connections and value to contractors already using Vision InfoSoft and ConEst estimating software. This acquisition will strengthen the connection ConEst and Vision InfoSoft already have to IndustrySmarts' pricing service, NetPak featuring NetPricer, and it also creates the possibility of applying new technology in other geographies where we are active.
As you know, the JDM Group is a private, professionally-managed, family company. That makes us different: our focus is on the long-term, with the goal of building strong, successful companies based on great teams, great customer relationships, great products, and enabling individual companies to succeed.