Research Reveals Root Causes Behind Construction Project Delays

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New research from STARC Systems, developed in partnership with Construction Dive, reveals that project delays have become the norm across the construction industry — and that many of the most impactful causes are preventable. Based on a survey of 150 construction leaders, the report finds that only one in three contractors say most of their projects start on time, while more than half of delays last one to three months or longer. While labor shortages remain the most commonly cited factor, the research shows that planning, procurement and coordination gaps are among the most overlooked contributors to schedule delays. Key … Read more

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North Branch Capital Invests in STARC Systems

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STARC Systems, a manufacturer of reusable temporary modular wall containment solutions for occupied renovations, has been purchased by Illinois-based private equity firm, North Branch Capital. The acquisition marks a significant investment to continue fueling STARC’s innovation and market expansion serving contractors and facility managers across multiple industries. “We invest in middle market industrial businesses with strong growth prospects and leadership teams,” said Brian Gleason, Operating Partner at North Branch Capital. “STARC is well-positioned to continue its growth in this emerging category. Since its founding, the organization has developed a keen focus on innovation, providing an excellent value proposition to its … Read more

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