M&A Deal Summary

Avitru Acquires InterSpec

On January 23, 2017, Avitru acquired internet software and services company InterSpec

Acquisition Highlights
  • This is Avitru’s 1st transaction in the Internet Software and Services sector.
  • This is Avitru’s 1st transaction in the United States.
  • This is Avitru’s 1st transaction in Michigan.

M&A Deal Summary

Date 2017-01-23
Target InterSpec
Sector Internet Software and Services
Buyer(s) Avitru
Deal Type Add-on Acquisition

Target

InterSpec

South Portland, Michigan, United States
InterSpec, Inc. is a provider of an extensive product and manufacturer information through cloud-based specification resources, custom manufacturer specifications, and the SpecBuilder Expert platform.

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Buyer(S) 1

Buyer

Avitru

Alexandria, Virginia, United States

Category Company
Sector Software
DESCRIPTION

Avitru empowers architects, engineers, contractors, and owners to make better, faster decisions. As the exclusive developer of AIA MasterSpec®, AVITRU has leveraged its position in the market to enable the collaborative exchange of expert knowledge to design, build, and operate a better-built environment. The AVITRU team is committed to constructing a world where better building leads to better lives.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1