Sale of FC Construction Services to Montague Street Private Partners Approved

DALLAS, March 6, 2020 /PRNewswire/ -- On November 6, 2019 The U.S. Bankruptcy Court for the district of Dallas approved the sale of FC Construction Services to Montague Street Private Partners, the winning bidder in the FC Construction Services bankruptcy proceedings. FC Construction Services is the leading software provider of access control and worker data analytics for the construction industry. Under new ownership, FC Construction Services will enhance its technology and suite of product offerings while continuing to provide clients with best in class jobsite access and personnel monitoring services. FC Construction Services is the only vertically integrated solution within the Access Control industry that offers hardware and software to restrict site access, in addition to vetting workers and providing labor tracking analytics. With these features, FC Construction Services helps site owners and project managers save money by ensuring construction projects are completed on-time and within budget, while also mitigating risk and liability associated with unauthorized access to worksites.

"FC Construction Services has carved out an incredible niche within the Construction SaaS landscape. Their dedication to their customers, employees, and quality control is a rare breed to find in businesses. With Montague's experience in growing technology enabled businesses we are incredibly excited to instill our best practices to help FC exceed their growth expectations. As the industry leader within Access Control we are uniquely positioned to expand our product offerings and technological developments to benefit our customers going forward," said Reid Rubinstein, CEO of FC Construction Services.

FC Construction Services empowers real estate developers, construction companies and general contractors with real-time data and unmatched transparency into projects and personnel. FC Construction Services stands behind its mission to provide industry leading software and services to construction clients so they can make better informed decisions.

About Montague Street Private Partners

Montague Street Private Partners is the private investment office of the Greenblatt family. Montague's focus is to invest in businesses and partner with founders to enable their growth through operational expertise. Montague applies a long-term outlook and an active management approach to each of its investments. Coupled with an extensive affiliate network and a focus on industries where Montague maintains direct operating experience, Montague positions its portfolio companies for success. Montague seeks to apply its operational skills learned over the past 40 years to achieve organic growth.  With a team of professionals who have backgrounds in operations, law, finance, and business development, Montague aims to invest in industries where the application of new technology can accelerate growth. Montague is headquartered in New York City. 

About FC Construction Services

FC Construction Services is the construction industry leader in labor analytics, access control solutions, and workforce screening. FC delivers innovative software, products and services to more than 7,300 contractors and 250,000 jobsite workers, to help project owners and managers minimize cost and risk and maximize productivity through real-time labor reporting and analytics.

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SOURCE FC Construction Services

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