Reed Construction Data Completes Acquisition of Tectonic Partners Inc
(Norcross, GA)Construction information provider accelerates development of industry-defining technology for BIM
Reed Construction Data today announced the completion of its acquisition of Tectonic Partners Inc., a leading developer and content provider of building information modeling (BIM).
The combination of these two companies further solidifies Reed’s strategic initiative to develop several leading platforms in the emerging building information modeling space.
“The technology of BIM has been developing for years and is near the tipping point,” said Iain Melville, CEO of Reed Construction Data. “It’s now our task to simplify this technology, further develop our products and services, and offer the AEC community powerful solutions for integrating and managing BIM.”
Tectonic’s CEO, Arol Wolford, has joined Reed Construction Data as a consultant.
“The development and positioning of our combined content and services have the power to drive this emerging field,” said Arol Wolford, CEO of Tectonic. “We’re excited to see advancements in the industry as we progress and the industry continues to embrace this powerful technology.”
Prior to the acquisition, Tectonic Partners was controlled by Geronimo Investments, LLC, the holding company of Atlanta entrepreneur, Jack Alexander.
Tectonic Partners Inc. is dedicated to advancement of Building Information Modeling, from 3D design visualization to engineering analysis and simulation that incorporates building product information. Tectonic develops frameworks and applications that manage BIM content, automate industry-strength quantity take-off, facilitate decision-making for product procurement with respect to quality, energy efficiency, sustainability, and availability, and collect and publish market data for building product demand forecasting.
Geronimo Investments, LLC is a diversified investment company involved in the hotel, oil/gas and technology industries. For more information, call 404-583-0072.
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Reed Construction Data
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Reed Construction Data, a division of Reed Business Information, is a leading North American provider of construction information through a diverse portfolio of innovative products and services. Reed offers its customers construction project leads, building product information, construction costs, market analytics and construction news through a suite of online and print references — all valuable resources for architects, engineers, contractors, manufacturers, distributors and other professionals in the construction industry. For more information, visit www.reedconstructiondata.com or call 877-REED411.
Reed Business Information, a part of the Reed Elsevier Group plc (NYSE:RUK and ENL), is North America’s largest business-to-business information provider, with more than 80 market-leading publications, 55 Websites and a range of leading business-to-business services.
