Jim Contardi, AvitruDeltek has acquired Avitru, which makes building specification systems. Originally known as ARCOM, Avitru, based in Atlanta, Ga., markets SpecText, SpecBuilder Cloud and e-SPECS.

Terms were not disclosed. ARCOM, which was purchased by Alpine Investors in 2015, was renamed as Avitru in 2017. Alpine named Jim Contardi as CEO in 2016. The purchase makes Deltek the  exclusive distributor of MasterSpec, a product of The American Institute of Architects. MasterSpec, developed by Avitru is a collection of master guide specifications for the architecture and design profession.

Last modified on Friday, 04 January 2019
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Bob Scott

Bob Scott has been informing and entertaining the mid-market financial software community with his email newsletters for 10 years. And he has been covering this market through print publications for 18 years, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and continues to address that as executive editor of the Progressive Accountant.

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