Stanley Black & Decker acquires startup

Iowa-based construction tech startup MSuite said this week it has been acquired by Stanley Black & Decker. Founded in 2015, MSuite offers a cloud-based suite of tools that connect building teams and allow them to share and manage data. In 2020, the company raised seed money from Stanley Black & Decker’s venture arm. MSuite founder Britton Langdon will continue to oversee the business as VP of construction technology for Stanley Black & Decker.