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Synopsis
Pamlico Capital-backed Beck Technology, a preconstruction estimating software provider, completed the acquisition of Workpack, an AI-powered construction software. Financial terms were not disclosed. "Speed and accuracy in takeoff are critical for winning bids and optimizing preconstruction workflows. By incorporating Workpack’s advanced AI technology, we’re giving estimators the ability to work faster and with greater precision than ever before. This addition boosts value for our customers and opens doors for AI to streamline other inefficiencies. Our goal remains clear: empowering customers with data-driven decisions for better construction outcomes,” Norbert Orth, Beck Technology CEO.
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