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Shea & Company Advises Beck Technology on its Strategic Growth Investment from Pamlico Capital

Beck Technology Profile

  • Beck Technology is a leading provider of preconstruction software empowering clients to make smarter project decisions
  • The Company’s platform conceptualizes and estimates projects with speed and precision.  DESTINI Estimator estimating software is the only purpose-built platform created exclusively for preconstruction and cost estimating professionals.  Coupled with Estimator, DESTINI Bid Day is the first of its kind bid-leveling software to incorporate historical bid info and risk assessment in an estimate
  • Founded in 1996, with the DESTINI Estimator launched commercially in 2016, Beck Technology is headquartered in Dallas, TX and has approximately 60 employees

Pamlico Capital Profile

  • Pamlico Capital is a private equity firm that invests in growing middle market companies in North America
  • The firm seeks control-oriented growth equity investments of up to $200 million alongside founders and proven leaders in its target industries:  communications, healthcare, services and software
  • Founded in 1988, Pamlico Capital is headquartered in Charlotte, NC and has assets under management of almost $3.5 billion
Construction impacts everyone on the planet, and the preconstruction process enables contractors to make better and more informed decisions leading to better and more predictable project outcomes. Pamlico’s deep expertise partnering with founder-owned software businesses like ours made them the ideal partner in this next phase of growth.

Peter Beck

Founder & Chairman, Beck Technology

I strongly believe that Beck Technology is a special Company, with a unique corporate culture. The team has a notable passion for their products and this market, and as a result, the Company has a strong base of happy customers. I am genuinely excited to join the business.

Norbert Orth

Incoming CEO, Beck Technology

Beck Technology has established a unique leadership position in preconstruction technology. We look forward to working with the management team to continue to expand the product platform and build a best-in-class, integrated preconstruction solution.

Eric Wilkins & Larsen Jones

Partner & Vice President, Pamlico Capital

  • Beck Technology’s strategic investment from Pamlico Capital was announced on November 8, 2023; financial terms were not disclosed
  • Shea & Company served as the exclusive financial advisor to Beck Technology
Read The Press Release