Investment firm TPG Capital has acquired Marshall & Swift / Boeckh (MSB), a supplier of local building cost information as well as residential and commercial property valuation technology and services in the US and Canada, from MacDonald Dettwiler and Associates (MDA).
MSB services also include MSB’s InFocus Analytics, business intelligence, and outsourcing solutions.
MSB has five offices throughout the US and Canada.
MSB CEO Salil Donde said MSB has achieved outstanding growth over the last many years and now looks forward to continued success while partnering with TPG.
"TPG is fully supportive of and in total congruence with our business and strategic plans and we are excited about our future prospects with this new partnership. We will continue delivering world class property estimating solutions and thought leadership to the markets we serve.
"MSB has provided value – added benefits to our customers for over 80 years and will continue providing the same great service, delivered by the same great people with continued focus on our core offerings and product roadmap," concluded Donde.