ERP software developer Deltek has acquired Union Square, which provides project information and collaboration software to the architecture, engineering and construction industry.
The acquisition gives Deltek’s AEC customers the ability to organize and leverage all of the relevant information around a project, ensuring that project teams can better collaborate on critical project data.
The deal allows Deltek to be the system of record for all activities and transactions around winning and managing projects, and to be the center for all information generated throughout the project management process.
Union Square’s software is used by more than 450 companies in 15 countries. Deltek works with more than 12,000 AEC companies worldwide.
“Managing data and collaborating on information to make smart decisions is critical for successful companies, especially in the AEC industry. We acquired Union Square to meet the acute needs of architecture, engineering and construction firms to organize the many emails, documents, drawings and other artifacts that are produced in the course of successfully delivering a project,” said Mike Corkery, president and CEO of Deltek in a statement. “In Union Square, we have found a company that shares our passion and dedication to helping AEC firms run better and deliver on-time and on-budget projects to their customers. On behalf of our global team, I’d like to welcome Union Square to the Deltek family. Together, we will continue to set the pace within the AEC industry.”
“Our organization is thrilled to become a part of Deltek,” said Richard Vincent, managing director at Union Square Software. “Together, we have nearly 50 years of experience working hand in hand with AEC firms to make their businesses run better. …. Our combined forces will deliver an even more powerful solution to the fast-growing AEC industry. We look forward to working closely with Deltek in the days ahead.”
For more information, click here
