Construction Technology Company Gordian to be Acquired by Fortis
Fortive Corporation (“Fortive”) (NYSE: FTV) announced that it has entered into a definitive agreement with Warburg Pincus to acquire Greenville, SC-based Gordian, a privately-held, leading provider of construction cost data, software and service. The acquisition will be subject to customary closing conditions, including regulatory approvals, and will be financed with available cash. Since pioneering the…