CostCon Acquired by JDM Technology Group
Christchurch, New Zealand (January 31, 2018) – JDM Technology Group, a global group of leading software providers for the architecture, engineering and construction industries, announced today that it has acquired Christchurch, New Zealand based CostCon New Zealand Limited.
CostCon is a leading provider of fully integrated accounting ERP and job costing system for contractors in New Zealand. The acquisition reinforces JDM’s position as a global leader for construction accounting solutions.
“We are pleased to complete this sale with the JDM Technology Group. It is reassuring to know that JDM will continue with the CostCon brand and organization, service our customers, and continue to build on our legacy,” said Don Rapley, co-founder of CostCon. Having acquired numerous companies since 2004, the JDM Technology Group has established a proven strategy for integrating acquired companies into its existing infrastructure. CostCon will continue to operate as a separate company with its existing staff out of its Christchurch and Auckland, New Zealand offices. David Johnstone will lead the business as Managing Director, moving from his former role as Business Development Manager.
“The JDM Group provides an excellent home for leading construction software companies,” said Jim McFarlane, CEO of the JDM Technology Group. “Our global Buy and Build growth strategy enables revenue growth and ensures that customers continue to have access to the very best technology to support their success. Therefore, we do not end-of-life any products but allow customers to select their software of choice. Moreover, retaining the CostCon staff and organization means customers continue to receive knowledgeable and friendly service from the same people they are used to working with at CostCon.”
About CostCon
Based in Christchurch, CostCon offers a fully integrated accounting ERP and job costing system geared to contractors in New Zealand. Used by leaders in the building and civil contracting industries, CostCon helps businesses to manage a full range of essential tasks, including project costing, contract work, performance management and accounting.
For more information about CostCon, visit: http://costcon.nz
About JDM Technology Group
JDM Technology Group is a global software business focused on delivering business software systems for the architecture, engineering and construction industries with over 50,000 users served in 40 countries on 6 continents, employing over 350 staff. The JDM Technology Group’s core business philosophy is long-term commitment to customer service coupled with providing the best possible solutions to customers. JDM Technology Group companies include Computer Guidance Corporation (North America), ConEst Software (North America and Australia), CSSP (Australia, New Zealand, Hong Kong), Explorer Software (North, Central, and South America), IndustrySmarts (North America), Integrity Software Systems and Estimate Software (UK and Ireland), LEVESYS (Australia), RedSkyIT (UK and Middle East), MPulse (USA and global), Vision InfoSoft (North America), and Rendra AS (Norway and global).
For more information about the JDM Technology Group, visit:
http://www.jdmtechnologygroup.com/