BCMI and XBE Announce Strategic Merger in Construction Technology
Deal News | Jun 05, 2025 | Globenewswire
BCMI Corp. and XBE, both prominent technology providers in the heavy construction materials sector, have announced a merger to create a comprehensive software provider for the industry. The combined entity aims to lead the market in ready-mixed concrete, aggregates, asphalt, cement, and heavy logistics software solutions, thanks to their cloud-native and AI-powered technology. This merger will allow heavy materials producers with diverse operations to benefit from the newly integrated platform. Craig Yeack, Founder and President of BCMI, and Sean Devine, Founder and CEO of XBE, will lead the unified company, which will leverage their strengths to deliver innovative business-critical tools faster. The combined company is targeting industry-wide technological advancement, emphasizing customer collaboration and open APIs.
Sectors
- Technology
- Heavy Construction Materials
Geography
- North America – The article mentions the companies targeting markets in North America for their unified technology solutions.
Industry
- Technology – The article focuses on software and technology solutions provided by BCMI and XBE for the heavy construction materials industry.
- Heavy Construction Materials – Both BCMI and XBE are described as leaders in this sector, providing software solutions for concrete, asphalt, aggregates, and more.
Financials
- Not disclosed – The financial details of the merger were not provided in the article.
Participants
Name | Role | Type | Description |
---|---|---|---|
BCMI Corp. | Merger participant and technology provider | Company | BCMI Corp. provides cloud-based, mobile software solutions for the concrete, asphalt, aggregates, and cement industries. |
XBE | Merger participant and technology provider | Company | XBE offers a comprehensive operations management platform for heavy construction, bulk logistics, and bulk materials. |
Craig Yeack | President of BCMI | Person | Craig Yeack is the Founder and President of BCMI and will continue in leadership after the merger. |
Sean Devine | CEO of the new combined entity | Person | Sean Devine is the Founder and CEO of XBE and will be the CEO of the merged company. |