CMD Group, formerly Reed Construction Data and Construction Market Data, is a provider of

business information Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. Common functions of BI technologies include reporting, online analytical processing, ...

for the

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n construction industry. CMD is owned by ConstructConnect. Its historical roots lie in Construction Market Data, founded in 1982 to publish construction leads and market data. In 2000,

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

-based

Reed Elsevier RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; ...

purchased this original CMD Group, transitioning the company to Reed Construction Data. In October 2014

private equity firm A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

Warburg Pincus in New York purchased a majority stake in the company, and Reed Construction Data changed its name to CMD. CMD said the new name is a nod to the company's original name: Construction Market Data. The new brand includes an updated logo and website. The company tracks data on hundreds of thousands of projects per year, providing coverage of construction projects in both the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

and

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. The company provides monthly analysis and data for all aspects of the construction industry. CMD also provides a detailed view of construction activity, including historical data, current-year projections and a five-year forecast. Their research helps customers forecast to find those market segments experiencing the greatest growth and plan tactical marketing strategies.

Lawsuits

In October 2009, Reed Construction Data filed suit in federal court against McGraw-Hill Construction, charging that the company's Dodge Report had unlawfully accessed confidential and trade secret information from Reed since 2002 by using a series of fake companies to pose as Reed customers. The lawsuit, filed in the U.S. District Court for the Southern District of New York, sought an unspecified amount in lost profits and punitive damages, trial by jury, and injunctive relief as a result of Dodge's misuse of proprietary construction project information, and that Dodge allegedly manipulated the information to create misleading comparisons between Dodge's and Reed's products and services in an effort to mislead the marketplace.

Merger

In 2016, CMD Group became a part of ConstructConnect as part of a merger with iSqFt, BidClerk, Construction Data.

References

External links

Official website
Business intelligence companies Companies based in Ohio Warburg Pincus companies {{US-publishing-company-stub