Maine-based InterSpec Acquired by ARCOM
Companies complement each other, creating a single line of products that helps the building industry
(South Portland, Maine) January 23, 2017 — InterSpec, a Maine-based company that creates software solutions for the building industry, has been acquired by ARCOM, headquartered in Salt Lake City, Utah. ARCOM is owned by Alpine Investors, a private equity firm. The merger brings together the developer and distributor of master building specifications for the American Institute of Architects (AIA), and one of the foremost creators of technology tools for architects and engineers.
“This deal benefits our customers because it brings together complementary assets that they have been asking for,” commented Jim Contardi, Chief Executive Officer of ARCOM. “It makes it easier for them to be productive and ultimately allows them to build better buildings.”