NRI Enters New Phase Of Relationship With PlanExpress – PE ownership “transitioning” to Pantera)

From a post in the “news” section on www.nrinet.com:

“With NRI focusing on other business opportunities, ownership of PlanExpress is transitioning to Pantera Global Technology, effective March 1, 2015. NRI and PlanExpress will remain business partners, continuing to work together on joint projects.”

Blog Publisher’s comments:

“Boomerang” was the first word that came to mind when I noticed the above post on NRI’s web-site.

Well, it wasn’t that long ago that NRI purchased PlanExpess from iSqFt.  iSqFt had purchased PlanExpress from its then current owners (at that time, PE was primarily owned by private equity investors.)

For those of you who are not familiar with Pantera, it’s founder, DeWayne Adamson, was one of the co-founders of PlanExpress, which was founded in 1993.

Here’s what Pantera’s web-site says about DeWayne’s background:

DeWayne’s unique background encompasses numerous aspects of the Construction and Technology sectors.

His expertise in Construction began as a skilled tradesman. At an early age he was quickly promoted through the ranks to become a Project Manager/Estimator and then a Vice President of a prominent Mechanical Contractor. Gaining knowledge from one of Chicago’s largest Mechanical Contractors, Dewayne ran numerous Major construction projects in the downtown area. In 1986 State Construction offered Dewayne an opportunity as a Sr. Project Manager in the General Construction arena. Specializing in Retail Construction, Dewayne ran over 700 projects. In 1992 Dewayne founded the first National Permit Expediting firm, a National Maintenance Company, and Co-founded one of the Largest Retail Construction firms in the country. All of these companies were successfully sold. In 1993 he also co-founded Plan Express, a national printing and distribution company. In 1999 Dewayne became the sole owner of Plan Express and went on a mission to make PEI the first Online Planroom with Print functionality. This technology was launched successfully and PEI grew to one of the largest print and logistics companies in the world, introducing many new technology products along the way.

DeWayne left PEI in 2009 and it was sold to I sq ft. He then moved on with his plans for continuing to build a digital workflow environment for the construction community and again roll out a product to leap frog the Industry.