The prop tech sector witnessed a significant expansion as a Blackburn-based company acquired a key player in digital information management.
This acquisition signals an unprecedented growth phase, further catalysed by recent investment round successes.
Blackburn-based prop tech company has acquired EDocuments, a prominent provider of O&M documentation. This acquisition, for an undisclosed sum, allows the combined entities to offer comprehensive support through the entire asset lifecycle, from inception and design to construction and operation. This strategic move empowers the construction sector with enhanced digital tools to manage information effectively.
The Glider software platform, gliderbim, serves as a system of record for collecting, validating, and managing building information. Owners and managers of complex buildings or large estates require systems like gliderbim to ensure compliance, maintenance efficiency, and optimal building performance. This, in turn, secures their investment.
Such capabilities facilitate stakeholder collaboration, enabling effective progress monitoring.
Nick Hutchinson, CEO and co-founder of Glider, stated, “Glider’s mission is to be the trusted system of record for built assets, and this acquisition is the first of many for us.”
Nick Hutchinson expressed enthusiasm about partnering with Lester, Chris, and Jamie to set new industry benchmarks and deliver unparalleled client value.
Glider had previously secured a seven-figure loan from NPIF-Mercia Debt Finance to support its growth, further highlighting the firm’s robust financial backing.
He emphasised the aligned ambitions and shared values of both companies, foreseeing a synergistic future.
Businesses can now look forward to more efficient management of the asset lifecycle, thus driving better outcomes across the board.
The acquisition of EDocuments by the Blackburn-based prop tech company heralds a new era of information management in the construction sector.
This strategic move, bolstered by recent investments, ensures comprehensive support and advanced digital solutions for future projects.