Marshall & Swift/Boeckh Sold to Investment Firm

Marshall & Swift/Boeckh (MSB), a supplier of local building cost information and residential and commercial property valuation technology and services, announced that it has been sold as of January 4.

MacDonald Dettwiler and Associates (MDA) has sold MSB to TPG Capital, a global investment firm with more than $48 billion in assets under management and experience in the insurance and financial services marketspace.  

"MSB has achieved outstanding growth over the last many years and now looks forward to continued success while partnering with TPG," says Salil Donde, CEO of MSB. "TPG is fully supportive of and in total congruence with our business and strategic plans and we are excited about our future prospects with this new partnership. We will continue delivering world class property estimating solutions and thought leadership to the markets we serve."