This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Trimble Acquires Trade Service To Enhance Content Delivery Across Trimble Buildings Solution Portfolio

SUNNYVALE, Calif., June 4, 2013 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today it has acquired privately-held Trade Service Company, LLC based in San Diego, California from the GF Capital Private Equity Fund, LP and senior management. Trade Service is a leader in content acquisition, aggregation, management, publishing and distribution of product and pricing information used by manufacturers, distributors and contractors in the Architecture, Engineering, and Construction (AEC) industry. Financial terms were not disclosed.

The Trade Service suite of content and pricing solutions, used by over 20,000 clients, allows distributors and contractors of all sizes instant access to current product pricing and specification data within a Web-based environment. As a subscription service, contractors can log into the system to search and find products, compare pricing from hundreds of manufacturers and choose the best component(s) for their estimate.  Also offered as a service through the Trade Service API, the specification and pricing data can be used by third-party software vendors to extend functionality into existing estimating and pricing solutions.

"Real-time specification and pricing information are key elements to the construction bidding process as well as the overall building construction lifecycle," said Bryn Fosburgh, Trimble vice president, "Tightly integrating Trade Service data into Trimble's estimating solutions as well as using the information to extend the value of BIM data to the owner is a strategic goal of connecting key workflows across the design, build and operate continuum."

"Adding efficiency and accuracy to the bidding and estimating process has been, and will continue to be, one of our core values," said Tony Dubreville, president and CEO of Trade Service. "Integrating our extensive data solutions with the Trimble Buildings product line will provide the marketplace with valuable solutions that go beyond what is available today. Working together we can serve the entire supply chain from manufacturers through the end user with richer content, while streamlining commerce with optimal speed and efficiency. We're excited to contribute our expertise and comprehensive databases to serve as complete solutions for Trimble's clients, as well as enhancing our offering to our Trade Service customer base."

"We have been proud to be partners with Trade Service, and we believe that the Company is an ideal fit with Trimble to continue its long standing history and growth within the markets it serves," said Erik Baker, co-founder and managing director of GF Capital.

The Trade Service business will be reported as part of the Engineering and Construction segment.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs