Tulsa-based Bid News Construction Reports LLC, a provider of bidding project information to contractors in Oklahoma, has been acquired by iSqFt/Construction Software Technologies.
The firm, which also has operations in Oklahoma City, comes as a result of the retirement of Bid News owner and founder Ken Duncan. Duncan will assist with the transition in the coming months before his official retirement.
Dave Conway, CEO and president of iSqFt, said his company has been working with Bid News for the past five years. And having worked in that partnership, he says iSqFt “is tuned in to the needs of the Oklahoma construction community.”
Bid News operates in both Oklahoma City and Tulsa. Its employees (seven in Tulsa and two in Oklahoma City) will remain unaffected by the acquisition.