iSqFt Acquires CMD Group
On August 3, 2015, Irell & Manella client iSqFt, a portfolio company of Genstar Capital, completed its acquisition of CMD Group from Warburg Pincus and Reed Elsevier by way of merger. Warburg remained a shareholder of the combined business. iSqFt is a leading provider of cloud-based software and data solutions to the commercial construction industry and CMD is a leading provider of construction information.
iSqFt was represented by Michael Kaplan and Mitchell Cohen.