Texas based ECI Software Solutions acquires BuildTools, a SaaS company

ECI Software Solutions, a Texas-based provider of cloud-based business management solutions, has now acquired BuildTools. The financial terms of the deal were not disclosed.

ECI offers business software solutions and services, focusing on cloud-based technologies. The company offers Cloud-based ERP software. The company serves small to medium-sized manufacturing, retail/wholesale distribution, construction and building, and field service organizations.

Founded in 2010, BuildTools offers SaaS Project management tools for the construction industry

Executive Opinion

Ron Books, CEO of ECI Software Solutions, said, "ECI’s ultimate goal is to help small and medium businesses grow profitably and sustainably by making their day-to-day operations easier to manage—a mission that BuildTools shares. BuildTools represents an exciting opportunity for us to bring our years of experience in the home construction market to bear in a new way, and help a new group of custom home builders and remodelers and their clients get business done better than ever before."

J. Sven Gustafson, CEO of BuildTools, said, "When it comes to running a business, custom builders and remodelers have unique needs—a fact that drove me to found BuildTools in the first place. ECI’s suite of purpose-built solutions for the residential construction market completely supports that understanding, and it makes them the right partner for us as we look to grow BuildTools further. We’re excited to see what we will accomplish together."

ECI's BuildTools Acquisition

BuildTools will become a part of ECI’s Residential Home Construction Group. Further, the BuildTools team will report to ECI’s Residential Home Construction Group President, Scott Duman.

To further accelerate BuildTools growth, ECI revealed that it is planning to invest in platform development, customer success, and go-to-market strategies.

The acquisition helps ECI to penetrate smaller custom builders and home remodelers market segment, notes the announcement.