Selling by industry
Selling a construction company? RFIs and change orders have buyers
When a contractor is acquired, the price reflects crews, bonding, backlog and ties to owners and subcontractors. The years of job email, change orders, submittals and RFIs sitting in the project archive are seldom counted.
AI companies license records like these because they show how complex jobs actually get resolved.
In this guide
01
RFIs, submittals and change orders
Every RFI is a question, a reasoned answer and a consequence. Change orders carry the negotiation. Submittal logs show review and rework. Together they are a detailed record of how building work is managed.
By its own claim, Polyshares paid $300,000 to a general contractor. Construction ranks high on several buyers' wish lists.
02
Is my company big enough?
Expect a 20 to 30 staff minimum. Include PMs and office staff alongside field crews, and check how each buyer treats subcontractors.
03
Owners' drawings and subs' shop drawings
Drawings and specifications often belong to the owner or the architect, and shop drawings to subcontractors. Expect buyers to focus on your own correspondence, logs and procedures, and to exclude documents you do not own.
04
Telling your acquirer about the data deal
Before signing a letter of intent if you can. A license signed earlier will surface in diligence, and it is easier to explain on your own terms.
05
Questions to put to any data buyer
- Is this a license of a copy, or a sale of the records outright?
- Is it exclusive, and for how long? Can I license the same data elsewhere later?
- Which systems and date ranges are in scope, and can I leave folders or whole tools out?
- Who removes names and personal details, how, and do I approve a sample before anything leaves?
- When does payment arrive, and does the clock start at signing or at your acceptance of the delivery?
- Do I pay anything, and does anyone in the chain take a cut?
- How long do you keep the copy, and what happens to it if you are acquired?
FAQ
Questions, answered
Do data buyers want construction companies?
They do. Construction sits near the top of several wish lists, and one buyer cites a completed deal with a GC.
What did a contractor get?
$300,000, according to Polyshares, which has not been independently confirmed.
Is my company big enough?
The usual floor is somewhere from 20 to 30 staff. Some buyers publish none at all. Mode accepts law firms with 6 people and accounting firms with 10, and Pewter goes by your highest-ever headcount. Our match quiz sorts it out in two minutes.
Do I pay anything to license?
Typically no. Direct buyers rarely charge sellers. Middlemen are different: brokers and marketplaces may keep anywhere from 8% to 30%. Have any fee written down before a sample changes hands.
Find the buyers that fit your company
Answer a few questions about your size, tools and history. We show which buyers want a company like yours. Free, no files.
Keep reading
Sources
Every number on this page links back to one of these.
- 1Polyshares: company data licensingpolyshares.com
- 2Polyshares: track recordpolyshares.com
- 3Mode: data partnership programdata.mode.inc
- 4Pewter: company data licensingpewterdata.com
- 5micro1: company referral programmicro1.ai
- 6Grepped: for businessesgrepped.ai
- 7Ventra: company datajoinventra.com
Spot something wrong? See our corrections policy. Some buyers pay us a referral fee. How we make money.