Announced

Bridgepoint to acquire a minority stake in Chime Software.

Synopsis

Bridgepoint, a pan-European private equity investor, agreed to acquire a minority stake in Chime Software, a provider focused on workforce and field management solutions for the construction industry. Financial terms were not disclosed. “Construction has been my life’s work, and I’ve seen first-hand the challenges businesses face on-site. At Chime, we’ve always set out to solve real problems, not create technology for technology’s sake. This partnership is another step in ensuring construction companies have the tools they need to thrive in a modern, digital world,” Roger Bradbury, Chime Chairman and Founder.

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