Genstar Capital Management LLC has combined ISqFt and BidClerk into one software company that will serve the construction industry.
Both companies provide project data, analytics and software tools for construction businesses. Cincinnati-based ISqFt's primary offerings include lead generation, project management and network projection for contractors, as well as document management, delivered through a software-as-a-service system. Chicago-based Bid Clerk's focus is on cloud-based construction project data and marketing tools for building products companies, contractors and distributors. Terms of the deal were not disclosed.