SUNNYVALE, Calif., April 20, 2018 /PRNewswire/ — Trimble (NASDAQ: TRMB) announced today that it has acquired the assets of Williamsburg, Virginia-based FabSuite, LLC, a North American supplier of Management Information System (MIS) solutions for steel fabrication. With the acquisition of FabSuite software, Trimble’s portfolio now includes the complete structural steel workflow for planning, managing, designing, modeling and automating the fabrication processes to maximize constructability. Financial terms were not disclosed.
Sage Partners, LLC served as advisors to FabSuite
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Apr 20, 2018, 04:15 ET
SUNNYVALE, Calif., April 20, 2018 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that it has acquired the assets of Williamsburg, Virginia-based FabSuite, LLC, a North American supplier of Management Information System (MIS) solutions for steel fabrication. With the acquisition of FabSuite software, Trimble's portfolio now includes the complete structural steel workflow for planning, managing, designing, modeling and automating the fabrication processes to maximize constructability. Financial terms were not disclosed.
Steel fabricators produce a broad range of structures by cutting, drilling, shaping and assembling components. FabSuite's MIS software connects the information flow and the work processes of the departments, suppliers and clients of a fabrication plant, significantly improving project and site coordination. MIS software is becoming an essential tool for managing the production and ensuring timely deliveries of fabricated structures to contractors. FabSuite enables fabricators to manage their operations and production by optimizing processes to realize improvements in productivity, supply chain management and costs.
FabSuite complements Trimble's Tekla® Structures and Trimble Connect™ software. With FabSuite, the combined solutions will enable fabricators to achieve efficiency improvements and cost savings by integrating steel fabrication with constructible model workflows.
"Trimble has a leading technology portfolio for management and collaboration across the construction lifecycle," said Jari Heino, general manager of Trimble's Structures Division. "The industry trend is moving towards more constructability in workflows and prefabrication. With the addition of MIS software, Trimble creates a compelling and complete value proposition for fabricators, enabling them to gain the full benefits of a constructible model-based workflow."
"FabSuite has grown significantly in recent years, thanks to our small but efficient team, and we believe Trimble represents an even brighter future for the business," said Chris Moor, COO of FabSuite. "We have now an incredible opportunity to enable steel fabricators to close the gap between BIM and MIS, streamlining logistics, resources and production. The commitment from Trimble to continually innovate and provide value in the supply chain is clear and we are proud to be a part of the company."
The FabSuite software business will be part of Trimble's Buildings and Infrastructure Segment.
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