Boston, October 9, 2025
News Summary
RapidWorks has named Matt DePaolis as president following its acquisition of CRO Software, a provider of waste management and recycling technology. The move is designed to expand RapidWorks’ product suite into waste management and scale its field management platform across heavy-equipment service verticals. RapidWorks highlights a combined offering that includes Rapid ERP, CRO Software, Visual Dispatch, and Rapid Fleet to address dispatch, compliance, and field operations needs for sectors such as concrete pumping, crane services, hydrovac excavation, and waste management. Leadership additions and increased investor support aim to accelerate product innovation and market expansion.
RapidWorks names new president as it moves into waste management following acquisition
RapidWorks announced the appointment of Matt DePaolis as President, a move that follows the company’s recent acquisition of CRO Software and is aimed at expanding into waste management and scaling across heavy-equipment service verticals. The move comes as the company accelerates its plans to serve more trades and deepen product capabilities. Updated: October 9, 2025 @ 6:24 am.
Top line details
The company describes itself as the leading provider of field management solutions for heavy construction equipment service providers. Leadership said the acquisition of CRO Software marked a major step in expanding capabilities and market reach, and that the hire of a seasoned executive will help scale product innovation, customer services, and operations to meet growing demand.
Why this matters now
The acquisition brings a new vertical into RapidWorks’ portfolio by adding waste management and recycling technology to an existing set of tools that already serve concrete pumping, crane services, hydrovac excavation and other heavy-construction trades. The combined product set is intended to address complex dispatch, compliance, and field management needs and to help heavy-equipment service companies improve accuracy, increase utilization, and get paid faster.
Leadership and background
Matt DePaolis began his career as a software engineer, then moved into the field as a general contractor building homes after three years. He later joined Vela Systems, an early innovator in software for field management in construction that was acquired by Autodesk, and most recently served as President of Repsly, a retail SaaS company serving field teams and back-office operations. At Repsly he led rapid growth that strengthened product, customer service, and operational execution, culminating in the company’s successful acquisition by Cuadrilla Capital earlier this year. The company appointment follows RapidWorks’ acquisition of CRO Software.
About CRO Software and the deal
CRO Software is described as a leader in waste management and recycling technology. In one account the firm is identified as a Calgary-based provider of waste and recycling industry software, founded in 2013, and now serving 300 customers across North America, including named clients such as Dumpster Guys LLC and Performance Waste Management. The acquisition is presented as a way to expand RapidWorks’ footprint into the waste management industry while providing CRO with resources and scale to accelerate product development and customer support. CRO will maintain its product identity after the deal.
Company products and markets
RapidWorks’ product family listed in announcements includes Rapid ERP, CRO Software, Visual Dispatch, Rapid Fleet, Telematics GPS, and Rapid On-the-Go mobile apps. These tools are stated to power dispatch, compliance, and field management for businesses in concrete pumping, hydrovac excavation, crane services, waste management, and other heavy-construction trades. The company says its customers span North America, Europe, and Australia.
Recent acquisitions and footprint
The CRO transaction follows an earlier July 30, 2024 acquisition of Visual Dispatch, which was intended to strengthen RapidWorks’ offering for crane services. That earlier deal was said to combine the companies into the largest provider of operations software for the crane, concrete pumping, and hydrovac markets, and included product features such as quote generation, job scheduling and dispatch, invoicing, payroll preparation, and preventive maintenance.
Funding and operations
Investors Wavecrest Growth Partners and MassMutual Ventures increased their investment in RapidWorks to support the company’s expansion. Wavecrest managing partner Deepak Sindwani is identified among backers who view the move as strengthening RapidWorks’ position in the heavy-equipment software market. Company statements indicate plans to invest further in product innovation and customer support enhancements for both RapidWorks and CRO.
Customer impact and next steps
RapidWorks said the acquisition will allow it to provide enhanced solutions for existing customers while driving growth in new industries. CRO’s leadership and operations team are staying in place to support customers and to accelerate development under the RapidWorks umbrella. The company framed the hire of Matt DePaolis as a strategic step to scale go-to-market, product and operational capabilities as the combined business grows.
Administrative details and notes
Dateline in the announcement reads BOSTON, Oct. 7, 2025 /PRNewswire/. Image caption in the source materials lists RapidWorks Logo (PRNewsfoto/RapidWorks). The announcement appears in multiple company press materials and was reposted through digital channels.
Weather
Plentiful sunshine. High 69F. Winds NE at 10 to 15 mph. A clear sky. Low 39F. Winds light and variable.
FAQ
What is RapidWorks?
RapidWorks is the leading provider of field management solutions for heavy construction equipment service providers.
Who was appointed president of RapidWorks?
RapidWorks announced the appointment of Matt DePaolis as President.
What is CRO Software?
CRO Software is a leader in waste management and recycling technology.
Where is CRO Software based?
CRO Software Solutions, headquartered in Calgary, was founded in 2013 and now serves 300 customers across North America.
What products does RapidWorks offer?
RapidWorks product names listed include Rapid ERP, CRO Software, Visual Dispatch, and Rapid Fleet.
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Key features at a glance
| Feature | What it serves | Notes |
|---|---|---|
| Rapid ERP | Back-office and operations | Core enterprise resource planning for heavy equipment service firms |
| Visual Dispatch | Crane services operations | Quote generation, job scheduling and dispatch, invoicing, payroll preparation, preventive maintenance |
| CRO Software | Waste management and recycling | Maintains product identity post-acquisition; serves customers across North America |
| Rapid Fleet | Fleet maintenance and utilization | Fleet-focused tools to improve uptime and utilization |
| Telematics GPS & Rapid On-the-Go apps | Field tracking and mobile operations | Mobile apps and GPS telematics for field teams |
Image caption from source materials: RapidWorks Logo (PRNewsfoto/RapidWorks)
Deeper Dive: News & Info About This Topic
Additional Resources
- Recycling Today: RapidWorks appoints DePaolis president
- Wikipedia: RapidWorks (search)
- PR Newswire: RapidWorks appoints Matt DePaolis as President
- Google Search: RapidWorks Matt DePaolis
- Waste Today Magazine: RapidWorks expands into waste management with CRO Software acquisition
- Encyclopaedia Britannica: waste management software (search)
- PR Newswire: RapidWorks acquires FleetCommand
- Google Scholar: fleet maintenance software heavy equipment
- PR Newswire: RapidWorks acquires Visual Dispatch
- Google News: RapidWorks Visual Dispatch acquisition
Author: Construction NY News
NEW YORK STAFF WRITER The NEW YORK STAFF WRITER represents the experienced team at constructionnynews.com, your go-to source for actionable local news and information in New York and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the New York Build Expo, infrastructure breakthroughs, and cutting-edge construction technology showcases. Our coverage extends to key organizations like the Associated General Contractors of New York State and the Building Trades Employers' Association, plus leading businesses in construction and real estate that power the local economy such as Turner Construction Company and CMiC Global. As part of the broader network, including constructioncanews.com, constructiontxnews.com, and constructionflnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
