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Design Manager acquires DesignSpec and Lojik Design Systems to broaden offerings for interior designers

PRIVATEOct 30, 2024

Acquiring Company

Design Manager

Acquired Company

DesignSpec

WinnipegDallasOtherInformation TechnologySoftwareSoftwareHospitality

Description

Design Manager, a leader in interior design software, has expanded its offerings by acquiring DesignSpec and Lojik Design Systems. This strategic move aims to meet the growing needs of commercial and hospitality-focused firms, strengthening its comprehensive suite for interior designers and architects and empowering design professionals with comprehensive solutions.

Quick answer

Design Manager is acquiring DesignSpec and Lojik Design Systems, announced October 30, 2024.

How much did Design Manager pay for DesignSpec?
The deal value was not disclosed.
What does Design Manager do?
DesignSpec is a rapidly growing platform, recognized as the most modern and advanced tool for specification writing in the design industry.
Where are Design Manager and DesignSpec based?
DesignSpec is based in Winnipeg, Manitoba, Canada.
Who are the decision-makers at Design Manager?
Fundz holds 1 contact at Design Manager. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Design Manager, and when

When Design Manager changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

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Company Information

Company

Design Manager

About

DesignSpec is a rapidly growing platform, recognized as the most modern and advanced tool for specification writing in the design industry. Lojik Design Systems has been an industry leader for decades, setting the gold standard in specifications and procurement tools with their innovative software solutions, Spexx and Exxpedite.

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Frequently asked

Who acquired DesignSpec?

DesignSpec was acquired by Design Manager. The deal was reported on October 30, 2024. DesignSpec is a rapidly growing platform, recognized as the most modern and advanced tool for specification writing in the design industry. Design Manager is privately held and operates in Other.

When did Design Manager acquire DesignSpec?

Design Manager's acquisition of DesignSpec was reported on October 30, 2024. Design Manager, a leader in interior design software, has expanded its offerings by acquiring DesignSpec and Lojik Design Systems. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does DesignSpec do?

DesignSpec is a rapidly growing platform, recognized as the most modern and advanced tool for specification writing in the design industry. It is privately held, operating in Software, and is based in Winnipeg.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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