McCormick Systems, Inc.

McCormick Systems, Inc. is a US-based provider of advanced estimating and digital takeoff software solutions specifically tailored for the construction industry, enhancing productivity for contractors in electrical, plumbing, and mechanical trades. Founded in 1979 in Chandler, US, McCormick Systems, Inc. specializes in software solutions for the construction industry.

In May 2021, the company was acquired by Foundation Software, LLC, a portfolio company of Thoma Bravo. This acquisition aims to accelerate Foundation Software's growth with enhanced product offerings for commercial, industrial, and government contractors. McCormick Systems specializes in providing advanced estimating and digital takeoff software solutions tailored for the construction industry, particularly focusing on the electrical, plumbing, and mechanical trades. Their flagship products include McCormick Pro, which offers comprehensive features such as customizable job management screens, advanced dashboards, and change order management, enabling users to create precise and efficient bids.

The software incorporates an intuitive point-and-click digital takeoff tool, allowing seamless integration from initial PDF plans to finalized proposals. Serving a diverse client base that includes small to mid-sized contractors across the United States and Canada, McCormick Systems addresses significant challenges in the bidding process by streamlining workflows, enhancing accuracy, and facilitating collaboration among team members. McCormick Systems operates primarily on a subscription-based revenue model, providing clients with access to their estimating and digital takeoff software through various pricing plans. The company offers customers a range of services and products, including McCormick Pro and specialized databases for electrical, plumbing, and mechanical estimating.

These services are structured to cater to the unique needs of contractors, allowing for the management of numerous projects and the efficient calculation of labor and material costs directly from their platforms. The transactions typically occur directly between McCormick Systems and the contractors, ensuring that clients receive tailored solutions to fit their project requirements. The company's commitment to technology and user experience positions it as a leading provider in the construction estimating software market. The acquisition by Foundation Software in May 2021 will facilitate the development of new products and services tailored for commercial and industrial contractors.

While specific new product launches have not been disclosed, the strategic focus will be on addressing the evolving needs of the contracting sector. Moving forward, McCormick Systems aims to enhance its presence in new geographic regions, although specific markets and timelines have not been outlined. The recent acquisition is intended to bolster Foundation Software's competitiveness and expand its reach in the construction software market.