[1] In October 2014 private equity firm Warburg Pincus in New York purchased a majority stake in the company, and Reed Construction Data changed its name to CMD.

[2] CMD said the new name is a nod to the company's original name: Construction Market Data.

The company provides monthly analysis and data for all aspects of the construction industry.

CMD also provides a detailed view of construction activity, including historical data, current-year projections and a five-year forecast.

The lawsuit, filed in the U.S. District Court for the Southern District of New York, sought an unspecified amount in lost profits and punitive damages, trial by jury, and injunctive relief as a result of Dodge's misuse of proprietary construction project information, and that Dodge allegedly manipulated the information to create misleading comparisons between Dodge's and Reed's products and services in an effort to mislead the marketplace.[4][when?]