Whiteoak completed an investment in Benchmark Estimating Software.

Whiteoak, an independent investment firm, completed an investment in Benchmark Estimating Software, a construction and estimation solution provider. Financial terms were not disclosed. “The Whiteoak partnership will enable us to keep what has made us successful while investing in areas to facilitate our growth into the future. We are proud of the legacy Benchmark Estimating Software has created and after a thorough due diligence process, we could not think of a better partner than Whiteoak. Their team has shown a deep understanding and respect for our history, our business and our people and we look forward to working with them over the next exciting phase of growth,” Frank Prestipino, Benchmark Estimating Software CEO.