McGraw Hill Sells ENR and Construction Group

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In the fourth quarter, McGraw Hill Construction:  ENR, Architectural Record,and Dodge and Sweet's will be sold.

Symphony Technology Group (STG) agreed to buy it on September 22.  STG has a portfolio of 22 companies worldwide.

CEO of McGraw Hill Financial Doug Peterson said, "We believe that STG will enable MHC to build on its storied past of nimbly adapting to changing market conditions and pursuing new growth opportunities in the construction market."

STG's managing director William Chisholm said, "We look forward to helping the business achieve the next level of success by continuing to deliver mission critical data and industry news while enhancing analytics and tools to better serve construction professionals.

Learn more about the purchase here.