Foundation Software Acquires McCormick Systems
May 7, 2021
Foundation Software, a provider of construction back-office solutions, has acquired McCormick Systems, a Chandler, Arizona–based developer of estimating and digital takeoff software for electrical, plumbing and mechanical trades. The acquisition expands Foundation's product capabilities into estimating and digital takeoff, enabling the company to offer a broader, industry-specific suite to contractors nationwide; terms were not disclosed.
- Buyers
- Foundation Software, LLC
- Targets
- McCormick Systems
- Sellers
- Todd McCormick (owner and CEO of McCormick Systems)
- Industry
- Software
- Location
- Arizona, United States
- Transaction Type
- Buyout
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