Serent News

Serent Capital Invests in CoConstruct, a Leader in Construction Management Software

April 12, 2018

San Francisco, CA - April 12, 2018 - Serent Capital, a San Francisco-based private equity firm focused on investing in fast-growing software and services businesses, has made an investment in CoConstruct, a leading provider of cloud-based client, project, and financial management solutions for custom home builders and remodelers.

After enduring a typical, but frustrating, homebuilding experience, Donny Wyatt founded CoConstruct in 2005 to end the chaos of the residential building process and turn it into a rewarding experience for both contractors and clients. Today, CoConstruct serves over 4,600 residential building companies as the end-to-end solution to efficiently manage and customize construction projects by bringing communications, schedules, selection decisions, estimates, and more into one place for contractors, clients, and trade partners on the web and mobile.

“After having bootstrapped CoConstruct for nearly 13 years, bringing on a seasoned private equity partner is a significant and exciting move,” said founder and CEO Donny Wyatt. “We’re incredibly blessed with serving a great industry that continues to prove its thirst for more and better technology. So, I’m positive the timing is right to apply Serent’s strategic and operational expertise, as well as capital, to help CoConstruct reach its full potential for our customers and employees.”

CoConstruct plans to increase investments in product development to bring new and increased value to its customers, as well as extend its sales and marketing efforts to reach the large number of contractors who currently do not have an all-in-one technology solution. To pave the way for the next wave of growth, CoConstruct will be aggressively focused on organizational development and executive recruitment.

“We are delighted to have the opportunity to collaborate with Donny and the rest of the team at CoConstruct,” said Kevin Frick, Partner at Serent Capital. “They have built a excellent reputation in the market for serving their clients’ needs very well – a track record that we plan to build on as we work together on CoConstruct’s next phase of growth.”

The investment in CoConstruct is Serent’s seventh in the Construction and Residential Real Estate sectors, including Safety Services, Next Gear Solutions, and Commissions, Inc., among others.

About CoConstruct

CoConstruct is the #1 Highest Rated Custom Builder & Remodeler Software as tallied by Gartner’s It is a cloud-based project management tool that helps custom builders and remodelers coordinate their projects, communicate better with clients & crews, and control the financials of their jobs. Users can manage their projects from their tablet or desktop, or in the field with a mobile app. For more information on CoConstruct, visit 

About Serent Capital

Serent Capital invests in growing businesses that have developed compelling solutions that address their customers' needs. As those businesses grow and evolve, the opportunities and challenges that they face change with them. Principals at Serent Capital have firsthand experience at capturing those opportunities and navigating these difficulties through their experiences as CEOs, strategic advisors and board members to successful growing businesses. By bringing its expertise and capital to bear, Serent helps growing businesses thrive. For more information on Serent Capital, visit 

Serent Capital invests in profitable, growing service companies. We typically invest in founder-led companies and often represent the first institutional capital in the company. We are highly selective, choosing to invest in only a handful of businesses each year. Our selectivity ensures that all our companies receive the attention and expertise that they need. Learn more about our portfolio companies.

Nothing presented herein is intended to constitute investment advice, nor sales material, and no investment decision should be made based on any information provided herein. Information provided reflects Serent's views as of a particular time and are subject to change without notice. Any forward looking statements or forecasts are based on assumptions and actual results are expected to vary from any such statements or forecasts. While Serent has used reasonable efforts to obtain information from reliable sources, we make no representations or warranties as to the accuracy, reliability, or completeness of third party information presented herein. Past performance is not indicative of future results. There can be no guarantee that any investment strategy employed by Serent will be successful. A full list of portfolio holdings is available on Serent's website.

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