CoreLogic Buying Construction-Focused Technology Company Prime Ecosystem

By Amit Chowdhry • Yesterday at 11:16 PM

CoreLogic, a leader in property information, analytics, and data-enabled solutions, announced the acquisition of Prime Ecosystem, a prominent technology firm specializing in construction, restoration, and maintenance management platforms in Australia.

This strategic deal aims to extend Prime Ecosystem’s proven contractor technology from Australia to other international markets, starting with the United Kingdom, and further support Prime’s rapid growth in its home markets.

CoreLogic’s history in restoration services and its deep experience in the property insurance market, combined with Prime Ecosystem’s tailored job management system, creates a powerful solution focused on helping contractors work more efficiently, grow intelligently, and adapt swiftly to change.

Launching under the name CoreLogic Contractor Workspace, this CoreLogic solution is available to contractors in the UK in addition to Prime Ecosystem’s home markets of Australia and New Zealand. And it enables contractors to manage the entire job lifecycle with custom workflows, trade management, and asset tracking. Plus, it streamlines communication and collaboration with customers, clients, and on-site teams. The intuitive system provides a comprehensive financial and performance overview, empowering business owners and their teams to make better decisions and drive their businesses forward.

KEY QUOTES:

“With the acquisition of Prime Ecosystem, we are enhancing our international offerings by expanding into the dynamic contractor space. This marks a crucial step in strengthening our capabilities and creating a complete end-to-end value chain. By integrating Prime’s contractor software into our portfolio, we are streamlining processes and providing a transformative shift in how contractors manage their jobs through a centralized platform. This strategic acquisition emphasizes our commitment to delivering high-quality, innovative solutions that redefine industry standards.”

– Michael Porter, Senior Vice President of International Insurance Solutions at CoreLogic

“Our acquisition by CoreLogic represents a significant convergence of cutting-edge technology and industry expertise. Prime Ecosystem, Australia’s leading contractor solution, is more than just a platform; it is a catalyst for operational excellence. With features such as document storage, compliance tracking, and real-time communication, our solution provides contractors with the tools they need to succeed in the construction, restoration, and insurance sectors. We take pride in contributing our technical expertise to this acquisition, ensuring a seamless integration that will enhance the efficiency and effectiveness of contractor management for CoreLogic’s clients.”

– Paul Brandis, Managing Director and Co-founder of Prime Ecosystem