Dexter & Chaney, Inc., a Seattle, Washington-based provider of financial and operational management software for construction contractors, received a growth equity investment from Pamlico Capital.
The amount of the deal was not disclosed.
The company intends to leverage proceeds and the experience of Pamlico to continue to grow operations.
Led by CEO and Founder John Chaney, President Norbert Orth, and other executive management team members, who will retain significant ownership, Dexter + Chaney provides the SaaS-based Spectrum® Construction Software to help more than 1,000 contractors to run all aspects of their construction business. The company has served contractors of all types and sizes, from locally-owned subcontractors to some of the world’s largest construction firms, in a wide range of end markets, including heavy/highway and utility, general contractors, electrical, mechanical, and specialty subcontractors.
FinSMEs
16/01/2015