Dodge Construction Network, backed by affiliates of Clearlake Capital Group and Symphony Technology Group, announced the acquisition of Principia Consulting, a data, research and consulting firm. With this announcement, the company hopes to expand its Dodge Advisory Services suite to bring new consultative and research capabilities to the market, providing clients new tools to improve their growth and profitability.
About Principia, the acquisition
Principia delivers data, primary research and market intelligence focused on the building materials industry. The firm guides its clients in making strategic business decisions, creating competitive advantages and answering critical market growth, share and segmentation questions via its DemandBuilder and SupplyBuilder offerings. The acquisition of Principia broadens Dodge’s capabilities in residential markets and adds further expertise in the commercial sector. The company will now deliver consulting services for clients of all sizes and specializations.
What company leaders are saying
“We have a history at Dodge of delivering intuitive, reliable insights,” says Steve Masters, SVP of product management at Dodge. “The addition of Principia enables us to expand the depth of our services to meet the needs of our customers across the market. We are now positioned to provide a full breadth of experience that is powered by our data and analytics.”
“We are excited to broaden the advantage we present to clients as part of Dodge. The combined assets and synergies will create new opportunities and a comprehensive approach to better serve the broader building materials industry," says Lou Rossi, Managing Partner at Principia.
Principia will join forces with Dodge Advisory Services, supported by a team of industry experts providing industry research, forecasting, and analysis. Industry participants looking to leverage Dodge Advisory Services and Principia for growth should contact Liz Strohmeier at lstrohmeier@principiaconsulting.com.
