The Gordian Group, the leading provider of construction cost estimating data and analytics and procurement solutions, today announced the acquisition of Sightlines, the leading provider of facilities benchmarking data and expertise to higher education institutions. Terms of the transaction were not disclosed.
For more than 15 years, Sightlines has been a trusted resource to over 450 campuses, helping them make the most of finite resources.
“As industry leaders in data, software and expertise, the combination of The Gordian Group and Sightlines presents a significant opportunity to deliver a more unified suite of products to facility owners across a number of markets, including higher education, healthcare, and the public sector,” William Pollak, CEO of The Gordian Group, stated. “The synthesis of complementary data across historically disparate processes will enable us to offer solutions for facility owners that address the construction and facility asset management lifecycle more comprehensively.”
Sightlines Executive Chairman and Founder, David Kadamus, added, “At the core of both The Gordian Group and Sightlines are the strength of their expertise, data, and commitment to providing the most accurate and relevant information to positively impact the way facilities are managed. We are excited by the opportunity this presents to accelerate the investment in our products and people, which will ultimately benefit our loyal members.”
David Kadamus will join the Board of The Gordian Group. Mark Schiff will continue his role as President of Sightlines, now a division of The Gordian Group.
The acquisition of Sightlines is a reflection of The Gordian Group’s commitment to assembling best-in-class solutions for the facility owners across all stages of the construction and facility asset management lifecycle.
About The Gordian Group
The Gordian Group (www.TheGordianGroup.com) is a leading provider of construction data, software and services that companies rely on to pursue efficient and effective construction planning, estimating and procurement. In its beginnings, Gordian pioneered Job Order Contracting (JOC), a method for planning and executing construction renovation, alteration and repair through its highly specialized cloud-software. In 2014, the company acquired RSMeans, a leader in data, analytics and lifecycle cost analysis for commercial and residential construction. Today, The Gordian Group draws on its highly specialized engineers, software and unique proprietary data sets to solve the construction information, planning and management needs of people in building construction, building products manufacturing, education, healthcare, retail, insurance, legal and government.