LoadSpring Solutions and Blattner Technologies Announce Strategic Investment Agreement

BURLINGTON, Mass.–(BUSINESS WIRE)–LoadSpring Solutions, Inc., the leader in enterprise project platform solutions, has accepted a strategic majority investment from Blattner Technologies. Blattner Technologies aims to be the leading provider of predictive transformationTM Services and tools in the data analysis, artificial intelligence and machine learning industries.

LoadSpring’s partnership with Blattner Technologies aligns with our industry focus on digital transformation and enhancing data usability, analytics, machine learning and artificial intelligence. Blattner’s focus on AI and predictive technologies will help advance the next generation of our customers.

“Today’s investment announcement will position LoadSpring to rapidly expand its vision to lead the project control industry into a future it aspires to. This new partnership, including additional board membership, will accelerate our platform development and innovations in AI/analytics technology to enable faster geographic and industry expansion and truly unlock the potential of LoadSpring. Together, our expertise in delivering global cloud solutions for project-based organizations and our new partner’s expertise in building businesses will provide our customers with next-generation solutions,” said Eric Leighton, President and CEO of LoadSpring Solutions, Inc.

Russ Blattner, CEO of Blattner Technologies, says, “LoadSpring has the resources and tools to add to the list of companies Blattner Technologies is acquiring as part of our mission to build a predictive transformation model that takes our customers from the fundamentals of data management and… -analysis leads to the operationalization of AI. ML and true predictive analytics across the enterprise.”

LoadSpring’s global office locations and leadership teams will remain in place, with Eric Leighton continuing his leadership role as President and CEO. Blattner Technologies representatives Russ Blattner and John Leschorn, along with Terrance Berland, co-founder of Unicorn & Lion, LLC, will join the LoadSpring board and bring operational and technology vision to drive customer solutions into the future.

“This investment combines a secure technology infrastructure with next-generation tools and analytics to create a truly distinctive solution offering for customers. This is an industry trend that will continue as companies better understand the power of controlling and mining their data and look for partners who can provide them with complete solutions, not just parts,” said Terrance Berland, member of the Forbes Technology Council.

About Blattner Technologies

Nashville, Tennessee Blattner Technologies – Building on a 115-year legacy of innovation from the Blattner family of companies, Blattner Technologies’ mission is to be the leader in predictive transformationTM Services and tools in the data analysis, artificial intelligence and machine learning industries.

About LoadSpring

Founded in 1999, LoadSpring is a global project management provider obsessed with providing advanced managed cloud services. LoadSpring offers professional project management and governance solutions, fast data and business intelligence access, and hundreds of world-class project-based applications. Data security is guaranteed by SOC 2 Type II security certification, which provides an impenetrable cloud environment. LoadSpring customers and partners achieve greater productivity and ROI through our proprietary project platform, while reducing the burden on their IT departments.

For more information, contact Stacey Witt at [email protected]