In the last decade, Fort Worth-based ECI Software Solutions has made more than 20 acquisitions. Eight of those occurred in the last two years. The latest is BuildTools, which will help ECI reach a whole new customer market.
ECi is a provider of cloud-based business management solutions. In acquiring BuildTools, a construction management platform, ECI said it will be able to help smaller custom builders and home remodelers meet their needs in project management, scheduling, document storage, budget tracking, customer service, and more.
The web-based BuildTools platform, which is for custom builders and remodelers, will now become a part of ECI’s Residential Home Construction Group. The new team will report to Scott Duman, president of ECI’s Residential Home Construction Group, according to a release.
ECI CEO Ron Books said BuildTools will allow ECI to bring its years of experience to the home construction market in a new way. “ECI’s ultimate goal is to help small and medium businesses grow profitably and sustainably by making their day-to-day operations easier to manage—a mission that BuildTools shares,” he said.
ECI rebranded last year in recognition of two decades of growth since founding. Though the privately held company is headquartered in North Texas, it has offices throughout the U.S., Canada, Mexico, England, the Netherlands, and Australia.
At the time, ECI wanted to elevate its mission of providing small- and mid-sized business owners with industry-specific solutions that make doing business easier than before. That included a refresh of its logo and making its next-generation cloud-based analytics and data visualization platform available.
“We have an aggressive acquisition strategy that complements our strong organic growth,” Books told Dallas Innovates last year. “This will continue as we look to go deeper into the markets we currently serve, acquire platforms in adjacent industries and geographies as well as add more cross vertical business applications to increase ECI’s value proposition to our existing customers.”
To further accelerate BuildTools’ growth, ECI said it plans to invest in the platform’s development, go-to-market, and customer success strategies. The platform is a business management system that was developed by a custom home builder who was frustrated with what was currently available.
“When it comes to running a business, custom builders and remodelers have unique needs—a fact that drove me to found BuildTools in the first place,” CEO J. Sven Gustafson said in a statement. “ECI’s suite of purpose-built solutions for the residential construction market completely supports that understanding, and it makes them the right partner for us as we look to grow BuildTools further.”
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