CFAW Advises Field Service and Construction Management Solutions Provider Data Basics in its Acquisition by Cora Group
Los Angeles, CA - May 8, 2023 - Corporate Finance Associates Worldwide (CFAW), a leading international investment banking firm, announced it has advised field service and construction management solutions provider Data Basics on its acquisition by Cora Group, a subsidiary of Constellation Software, Inc.
Data Basics, headquartered in Bedford, Ohio, is a best-in-class provider of field service and construction management ERP solutions. With nearly 50 years of experience, Data-Basics has established itself as a trusted partner for businesses seeking field service management, dispatching, accounting, and wireless solutions. SAMPro Enterprise, it's flagship product, is one of the only software systems on the market that offers contractors powerful tools to accommodate both field service solutions and construction management in one complete ERP package.
Cora Group acquired Data Basics in a private transaction. The terms were not disclosed. Investment banker representation was provided to Data Basics by the Dallas office of Corporate Finance Associates Worldwide, led by Dan Vermeire. When asked about the transaction, Mr. Vermeire commented, " It is always great to see two companies whose culture and commitment to their employees, clients, and community align so well and we are very pleased to have supported this transaction."