New Acquisition – ConEst

Thursday 2 March 2017

New Acquistion - ConEst

We are pleased to announce that the JDM Technology Group is growing again through the acquisition of electrical estimating software provider ConEst in Manchester, New Hampshire.

Founded in 1989, ConEst is a leading provider of estimating, takeoff, and project and service management solutions for electrical, low-voltage, and data/telecom contractors in the United States and around the world. The acquisition continues the JDM Group's global 'Buy and Build' strategy to acquire construction software companies and build and grow their businesses as part of the JDM Group. The ConEst team will continue as a distinct company out of their headquarters in Manchester, NH under new president Jim Beaumont. Mark Liss, President of Explorer Software, and the Explorer team will help to bring ConEst into the group. In conjunction with the acquisition last month of Vision InfoSoft, the acquisition of ConEst gives us a strong position in the North American electrical estimating market and a good technology base in that industry with potential applications 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.

We are pleased to welcome the ConEst team to the JDM Group and look forward to working with them and you to create the future of the construction software industry.

John McFarlane

Vice President Corporate Development

JDM Technology Group