May 21, 2021 - Stanley Black & Decker, a world leader in the tools and storage business, today announces it has acquired Buildup, a task management, punch list and inspection software company. Buildup joins the STANLEY X Construction Technology portfolio. The mobile-first application approach of Buildup complements and extends the existing web-based offerings from STANLEY X Construction Tech such as OneConstruct, a first of its kind collaborative scheduling software for the construction industry. This acquisition expands the prowess of STANLEY X Construction Technology to jobsite collaboration for task management, inspection, documentation markup, and communication.
Buildup was designed with construction, development, and real estate professionals in mind, providing an easy-to-use collaboration tool for task management, punch list, and inspections.“We are excited to welcome Buildup to STANLEY X as we expand and grow our construction technology capabilities”, said Michael Keogh, VP & President of STANLEY X. “Collaboration is central to construction, and Buildup’s collaborative platform aligns well with our existing vision and strategy. We are certain that a partnership between our collective teams will create growth opportunities and deliver extraordinary experiences to our
“Buildup extends our current OneConstruct offering into a collaborative trade solution, and it will certainly accelerate our efforts in improving construction productivity on job sites”, adds Justin Saeheng, Head of Construction Technology at STANLEY X.
On a recently completed ~$70M+ multifamily project, Buildup helped users close out tasks 44% faster than in previous projects.
Stephen Haskin, CEO of Buildup expresses that, “The Buildup team is excited to join STANLEY X and the Stanley Black & Decker community. We firmly believe this strategically aligned business will help Buildup, OneConstruct, and STANLEY X grow our customer base and product offerings.”
Buildup was designed with construction, development, and real estate professionals in mind, providing an easy-to-use collaboration tool for task management, punch list, and inspections. The mobile-first application allows users to document conditions, request action, and communicate in the built environment.
On a recently completed, approximately $70 million+ multifamily project, Buildup helped users close out tasks 44% faster than in previous projects. Buildup also improved project schedule completion by 7% and helped achieve up to 80% less tasks and punch list items during the final closeout. Improved collaboration and communication save time, costs, and headaches for all parties in construction and renovation.