Like Forge

closed 6/16/2021 via Company Press Release

Yardi Systems, Inc., acquired Forge

synopsis: Yardi, the leading provider of high-performance software solutions for the real estate industry, has acquired Forge, a UK-based software company that specialises in visitor management and smart access control. Forge's visitor management software features solutions for invitations, visitor check-in, contactless smart access, and more.
buyer: Yardi Systems, Inc.
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Yardi is dedicated to the design, development, and support of real estate investment management and property management software. "
target: Forge
Forge is a UK-based software company that specialises in visitor management and smart access control. Forge's visitor management solution provides a contactless journey to and through buildings. Their software features solutions for invitations, visitor check-in, contactless smart access, and more.
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closed 8/18/2021 via PR Newswire

MRI Software LLC, acquired FSI (FM Solutions) Limited

synopsis: MRI Software, a global leader in real estate software, announced it has acquired FSI, a UK-based provider of enterprise-class facilities management (FM) software solutions. The addition of FSI's cloud-based platform bolsters MRI's overall solution portfolio and enhances the company's ability to better serve owners, occupiers and contractors.
buyer parent: GI Partners
buyer: MRI Software LLC
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management to analytics. "
target: FSI (FM Solutions) Limited
FSI is a UK-based provider of enterprise-class facilities management (FM) software solutions. The product portfolio includes the Concept Evolution completely web-based Computer Aided Facilities Management (CAFM) solution and FSI GO for Mobile Application development.
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closed 1/28/2021 via Company Press Release

MRI Software LLC, acquired AMTdirect

synopsis: MRI Software, a global leader in real estate technology, has acquired AMTdirect, a North Carolina-based provider of lease accounting, lease administration and facilities management solutions for corporate occupiers and lessees.
buyer parent: GI Partners
buyer: MRI Software LLC
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management to analytics. "
target: AMTdirect
AMTdirect is a leading lease administration and lease accounting software company. AMTdirect's cloud-based solutions help America's leading organizations build a timely, highly accurate and actionable picture of the organization's complete lease portfolio.
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closed 11/6/2019 via BNC Analysis

iOffice, Inc., acquired Hippo CMMS

synopsis: iOFFICE, the leader in digital workplace experience solutions, announced it has acquired Hippo CMMS, asset and preventative maintenance management software provider. Hippo serves more than 1,200 customers with over 32,000 active users across multiple industries, including Rolls-Royce, the Los Angeles Clippers and Planet Fitness.
buyer parent: Waud Capital Partners, LLC
buyer: iOffice, Inc.
iOFFICE provides enterprise workplace leaders with the SaaS platform, mobile tools and analytics to simplify facility management, empower employees and increase workplace productivity. "
target: Hippo CMMS
Founded in 2004 in Winnipeg, Canada, Hippo CMMS has since become a leader in the asset management industry and provides maintenance management software solutions that appeal to any size business.
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closed 11/29/2018 via Company Press Release

Waud Capital Partners, LLC, acquired iOffice, Inc.

synopsis: Waud Capital Partners is pleased to announce that they have acquired iOFFICE. iOFFICE provides best-in-class cloud workplace & real estate management software to both corporations and commercial real estate.
buyer: Waud Capital Partners, LLC
Founded in 1993, Waud Capital Partners is a leading middle-market private equity firm that partners with exceptional management teams to create, acquire, and/or grow companies that address significant, inefficient, highly fragmented and underserved industry segments. "
target: iOffice, Inc.
iOffice is a real-time software application that helps facility managers run their buildings smarter. iOffice software equips facility managers to be more productive, provide better information and be more profitable.
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closed 8/31/2018 via PR Web

JDM Technology Group, acquired MicroMain Corporation

synopsis: JDM Technology Group, a global group of leading software providers for the architecture, engineering and construction industries, announced that it has acquired Austin, Texas based MicroMain Corporation, a leading provider of Computerized Maintenance Management Software (CMMS).
buyer: JDM Technology Group
JDM Technology Group is a global software business focused on delivering business software systems for the architecture, engineering and construction industries with over 100,000 users served in 40 countries on 7 continents, employing over 500 staff. "
target: MicroMain Corporation
MicroMain is a maintenance and facility management software company that helps businesses operate their maintenance and facility management operations more efficiently to save money, time and headaches. Their core values ensure that customers receive the best service and product they can offer.
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closed 8/29/2018 via BNC Analysis

Nemetschek, acquired MCS Solutions

synopsis: Software provider Nemetschek SE acquired 100% of the shares of MCS Solutions group, headquartered in Antwerp, Belgium. MCS Solutions offers an integrated and modular Integrated Workplace Management System (IWMS) that covers core functional areas in real estate, facility and workplace management for large private and public organizations.
buyer: Nemetschek (XTRA:NEM:$599.43)
The Nemetschek Group is driving the digitalization of the building industry. Using their software, architects, engineers, construction companies and facility managers can plan ahead, seamlessly share information and work together more closely. "
target: MCS Solutions
Headquartered in Antwerp, Belgium, MCS Solutions offers an integrated and modular Integrated Workplace Management System (IWMS) that covers core functional areas in real estate, facility and workplace management for large private and public organizations.
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announced 7/31/2018 via BusinessWire

Fortive, will acquire Accruent, LLC

synopsis: Fortive Corporation, a diversified industrial growth company, announced that it has entered into a definitive agreement with Genstar Capital to acquire Accruent, a privately-held, leading provider of physical resource management software.
buyer: Fortive (FTV:$4,785.50)
Fortive is a diversified industrial growth company comprised of Professional Instrumentation and Industrial Technologies businesses that are recognized leaders in attractive markets. "
target parent: Genstar Capital LLC
target: Accruent, LLC
Accruent is a global software company that helps organizations achieve superior performance by transforming how they manage their physical resources. Its cloud-based software and services enable organizations to optimize all stages of real estate, facilities and asset management.
price ($mm)
$2,000
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closed 1/3/2018 via BusinessWire

Accruent, LLC, acquired Kykloud

synopsis: Accruent, the world’s leading provider of software and services that enable organizations to manage the lifecycle of their physical resources, has acquired UK-based Kykloud, a provider of facility and asset surveying and management software.
buyer parent: Genstar Capital LLC
buyer: Accruent, LLC
Accruent is a software company that helps organizations achieve superior performance by transforming how they manage their physical resources. Its cloud-based software and services enable organizations to optimize all stages of real estate, facilities and asset management. "
target: Kykloud
Kykloud provides a SaaS delivered cloud-based solution for physical asset surveying and capital planning throughout the asset lifecycle. Kykloud has customers in both the public sector and private sector markets with customers utilizing the software for projects across a wide range of sectors.
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closed 5/19/2017 via PR Newswire

JouleSmart Solutions, acquired NorthWrite, Inc.

synopsis: Joule Assets, a company that delivers financing solutions for energy efficiency and demand response initiatives and projects, has acquired NorthWrite, a cloud-based energy information management services company. The transaction was the first act of business completed by JouleSmart Solutions, a newly formed, fully-funded subsidiary of Joule Assets.
buyer parent: Joule Assets Inc.
buyer: JouleSmart Solutions
JouleSmart Solutions integrates innovative technical, operational, and financial solutions to help small and mid-sized businesses access the benefits of "smart" building management. They deliver the benefits of active energy management that are traditionally reserved for only the largest buildings. "
target: NorthWrite, Inc.
NorthWrite, Inc. is a privately-owned corporation, headquartered in downtown Minneapolis, Minnesota. Web based facilities management software package designed for simplicity and quick implementation.
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closed 11/9/2016 via Market Wire

Rainmaker Partners, Inc, acquired FacilityONE Technologies, LLC

synopsis: Rainmaker Partners, Inc, a private equity firm based in Tampa, FL, has acquired FacilityONE Technologies, LLC, a facility asset management software company based in Louisville, KY. FacilityONE Technologies will leverage the resources available as one of Rainmaker's portfolio companies to expand its reach in the healthcare sector.
buyer: Rainmaker Partners, Inc
Founded in 2015, Rainmaker Partners, Inc is a privat equity firm that focuses on healthcare, technology and revenue acceleration with a track record of helping companies achieve significantly higher valuations within compressed time frames. "
target: FacilityONE Technologies, LLC
Founded in 2000 and based in Louisville, KY, FacilityONE Technologies provides web-based Facility Information Solutions (FIS) that simplify facility management by enhancing a building's functional and economic lifespan and employee productivity.
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closed 9/22/2016 via BusinessWire

Accruent, LLC, acquired Verisae

synopsis: Accruent, the world’s largest provider of real estate, facilities and asset management solutions, announced the acquisition of Verisae, Inc., a leading provider of cloud-based solutions that connect facilities and assets to the maintenance and service network through the Internet of Things (IoT).
buyer parent: Genstar Capital LLC
buyer: Accruent, LLC
Accruent helps real estate, asset and facilities leaders deliver long-term, world-class operational and financial performance through industry-specific suites that deliver greater customer value. Accruent’s solutions are at work in more than 5,500 leading organizations worldwide. "
target parent: Marlin Equity Partners
target: Verisae
Verisae is a leading provider of SaaS solutions that connect the maintenance and service network globally to manage asset and equipment maintenance, energy usage, mobile workforces, environmental sustainability, and compliance for companies in the utilities, telecommunications, retail, manufacturing
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closed 9/15/2016 via BusinessWire

Accruent, LLC, acquired BIGCenter

synopsis: Accruent, the world’s largest provider of real estate, facilities and asset management solutions, announced the acquisition of BIGCenter, a top-ranked provider of Integrated Workplace Management Systems (IWMS), from Cushman & Wakefield.
buyer parent: Genstar Capital LLC
buyer: Accruent, LLC
Accruent helps real estate, asset and facilities leaders deliver long-term, world-class operational and financial performance through industry-specific suites that deliver greater customer value. Accruent’s solutions are at work in more than 5,500 leading organizations worldwide. "
target parent: Cushman & Wakefield of Illinois, Inc.
target: BIGCenter
Founded in 1998, BIGCenter provides fully-integrated, cloud-based IWMS solutions, and a broad portfolio of complementary professional services, to help leading corporations maximize the operation of their real estate and facilities.
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closed 6/29/2016 via PE Hub

Main Capital Partners BV, acquired Axxerion

synopsis: Main Capital, a private equity investor, has acquired a majority stake in SaaS-based software company Axxerion. The company delivers industry leading software solutions mainly focussed on facility management, real estate management, and general business automation (ERP).
buyer: Main Capital Partners BV
Main Capital is a private equity investor with an exclusive focus on the software sector in the Benelux and Germany. Within this sector, it is the most specialized company in management buyouts and later-stage growth capital. "
target: Axxerion
Axxerion is a developer of enterprise cloud software for workplace and facility automation via Internet. Their software provides integrated modules streamlining business processes, including CRM, contract management, HR, asset management, property management, project management, finance and more.
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closed 12/21/2015 via Market Wire

JLL, acquired Corrigo Incorporated

synopsis: Consistent with its disciplined approach to strategic acquisitions and investments in innovative technology solutions, JLL has completed its acquisition of Corrigo Incorporated, a pioneer in cloud-based facility management solutions that improve productivity, increase transparency and provide advanced business analytics.
buyer: JLL (JLL:$9,475.70)
JLL is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. "
target: Corrigo Incorporated
Corrigo provides the real-time, cloud-based facilities and service management solutions used across the multi site facilities and service provider world. Its customers range from Fortune 50 companies to SMBs in multiple industries.
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closed 11/17/2014 via Market Wire

Accruent, LLC, acquired VFA, Inc.

synopsis: Accruent, the leader in real estate and facilities management solutions, announced that it has acquired Boston-based VFA, Inc. (VFA), the leading provider of end-to-end solutions for facilities capital planning and asset management.
buyer parent: TA Associates
buyer: Accruent, LLC
Accruent was founded in 1995 to help real estate and facilities professionals deliver long-term, best-in-class, operational and financial performance. Their customers are leaders in major industries, including retail, wireless, higher education, service providers and the corporate world. "
target parent: Edison Partners
target: VFA, Inc.
VFA is the market leader in providing end-to-end solutions for facilities capital planning and management. VFA enables clients to assess their portfolios, allocate capital, and make better decisions in supporting their organizations' mission and strategy.
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closed 10/30/2013 via Company Press Release

Open Office, acquired Asset Master

synopsis: Open Office Pty Ltd, a leading provider of high-function, integrated, statutory and compliance management systems, has acquired AssetMaster, a provider of user-defined software systems that integrate across different data formats and platforms, from InfoMaster Pty Ltd.
buyer: Open Office
Open Office is Australia's leading provider of high-function, integrated, statutory and compliance management systems with over 400 clients across Australia and around the World. "
target parent: OMERS Private Equity
target: Asset Master
Asset Master is a web application for asset acquisition, registration, tracking and maintenance planning modelled on facilities management operations and extending to encompass broad industry asset management.
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closed 1/10/2013 via Company Press Release

Marlin Equity Partners, acquired Verisae

synopsis: Verisae, Inc., a leading global provider of maintenance, energy, environmental and sustainability management SaaS, cloud-based solutions has been acquired by Marlin Equity Partners. Verisae enables retailers to significantly reduce overall operating costs through active, efficient management of energy, asset lifecycles and environmental compliance.
buyer: Marlin Equity Partners
Marlin Equity Partners is a Los Angeles, CA-based private equity firm with over $1 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. "
target: Verisae
Verisae is the leading global provider of SaaS, cloud-based solutions that help large retailers focused in grocery, food service and specialty retail manage their maintenance, energy, environmental and sustainability programs.
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closed 8/8/2012 via BusinessWire

Ameresco Canada, Inc., acquired FAME Facility Software Solutions Inc.

synopsis: Ameresco Canada Inc. has acquired FAME Facility Software Solutions Inc. FAME, a leading provider of asset management solutions, helps customers assess the condition of their facilities, plan energy management and capital improvements, and refine operations and maintenance strategies.
buyer parent: Ameresco, Inc.
buyer: Ameresco Canada, Inc.
Ameresco Canada, Inc., a wholly owned subsidiary of Ameresco Inc., is a full service energy management company that provides sustainable solutions and facility renewal services to new and existing facilities, as well as asset planning and energy and capital solutions to customers. "
target: FAME Facility Software Solutions Inc.
FAME Asset Management Solutions, headquartered in Calgary, Alberta Canada, has provided infrastructure asset management solutions with over 8,000 client users in both the public and private sector for over 15 years.
price ($mm)
$4.49
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announced 1/11/2019 via Company Press Release

MCS Solutions, will acquire Axxerion

synopsis: Software provider Nemetschek announced that its brand MCS Solutions will acquire Axxerion, a Dutch SaaS provider of workflow-based enterprise cloud software active in facility management and property & real estate management.
buyer parent: Nemetschek
buyer: MCS Solutions
Headquartered in Belgium, MCS Solutions is a technology and consulting firm, supporting its clients across the globe to improve the performance of their building portfolios. Their core purpose is to make buildings work harder for their occupants through unlocking the power of building data. "
target parent: Main Capital Partners BV
target: Axxerion
Axxerion is a developer of enterprise cloud software for workplace and facility automation via Internet. Their software provides integrated modules streamlining business processes, including CRM, contract management, HR, asset management, property management, project management, finance and more.
price ($mm)
$86
rev ($mm)
$14
EBITDA ($mm)
EV / rev
6.3x
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closed 6/16/2021 via Company Press Release

Yardi Systems, Inc., acquired Forge

synopsis: Yardi, the leading provider of high-performance software solutions for the real estate industry, has acquired Forge, a UK-based software company that specialises in visitor management and smart access control. Forge's visitor management software features solutions for invitations, visitor check-in, contactless smart access, and more.
buyer: Yardi Systems, Inc.
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Yardi is dedicated to the design, development, and support of real estate investment management and property management software. "
target: Forge
Forge is a UK-based software company that specialises in visitor management and smart access control. Forge's visitor management solution provides a contactless journey to and through buildings. Their software features solutions for invitations, visitor check-in, contactless smart access, and more.
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closed 6/16/2021 via Company Press Release

Yardi Systems, Inc., acquired Forge

synopsis: Yardi, the leading provider of high-performance software solutions for the real estate industry, has acquired Forge, a UK-based software company that specialises in visitor management and smart access control. Forge's visitor management software features solutions for invitations, visitor check-in, contactless smart access, and more.
buyer: Yardi Systems, Inc.
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Yardi is dedicated to the design, development, and support of real estate investment management and property management software. "
target: Forge
Forge is a UK-based software company that specialises in visitor management and smart access control. Forge's visitor management solution provides a contactless journey to and through buildings. Their software features solutions for invitations, visitor check-in, contactless smart access, and more.
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closed 12/28/2020 via Company Press Release

Yardi Systems, Inc., acquired CommissionTrac, Inc.

synopsis: Yardi has acquired CommissionTrac, an Atlanta-based software company that provides revenue management software for commercial real estate companies, with a focus on commercial brokerages. The CommissionTrac team will continue to support their existing clients, while also integrating the platform into Yardi’s CommercialEdge suite.
buyer: Yardi Systems, Inc.
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Yardi is dedicated to the design, development, and support of real estate investment management and property management software. "
target: CommissionTrac, Inc.
CommissionTrac is a software company that offers revenue management software for commercial real estate companies, focusing on commercial brokerages. The company aims to provide brokerages of any size with the tools needed to organize everything from deal comps to accounting and agent commissions.
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closed 1/8/2020 via PR Newswire

Yardi Systems, Inc., acquired RightSource Compliance, LLC

synopsis: Yardi announced the acquisition of RightSource Compliance, a Minneapolis-based software consultant and developer that improves the technology experience for affordable housing providers and provides standout compliance solutions.
buyer: Yardi Systems, Inc.
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Yardi is dedicated to the design, development, and support of real estate investment management and property management software. "
target: RightSource Compliance, LLC
RightSource Compliance is a Minneapolis-based software consultant and developer that improves the technology experience for affordable housing providers. RightSource has developed a successful software solution to assist meeting complex affordable housing regulations.
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closed 11/1/2017 via BusinessWire

Yardi Systems, Inc., acquired WUN Systems

synopsis: Yardi announced the acquisition of WUN Systems. WUN Systems is a provider of a workspace management platform delivering all the tools needed to grow a smart and connected workspace. KUBE by WUN empowers operators and members with greater accessibility when it comes to billing, booking spaces, managing opportunities and communication.
buyer: Yardi Systems, Inc.
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Yardi is dedicated to the design, development, and support of real estate investment management and property management software. "
target: WUN Systems
WUN Systems is a provider of a workspace management platform delivering all the tools needed to grow a smart and connected workspace. KUBE by WUN empowers operators and members with greater accessibility when it comes to billing, booking spaces, managing opportunities and communication.
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closed 6/13/2016 via BusinessWire

Yardi Systems, Inc., acquired Proliphix

synopsis: Yardi, a leading investment and property management software has acquired Proliphi, a leading provider of internet-managed energy control solutions. The acquisition will ensure Yardi's® growth of Yardi® Smart Energy Suite, adding the Proliphix Energy Control Solution to its comprehensive suite of mobile-enabled energy management solutions.
buyer: Yardi Systems, Inc.
Yardi is dedicated to the design, development, and support of real estate investment management and property management software. They offer full business solutions for every real estate market. "
target: Proliphix
Proliphix is the leading provider of internet-managed energy control solutions. Thousands of businesses, schools and commercial retailers rely on the Proliphix Energy Control Solution to improve HVAC and building control and reduce energy and maintenance costs.
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closed 2/2/2016 via BusinessWire

Yardi Systems, Inc., acquired iMS GmbH

synopsis: Yardi Systems, a company that is dedicated to the design, development, and support of real estate investment management and property management software, announced that it has acquired Mainz-based iMS Immobilien Management Systeme GmbH, a German developer of commercial property management software.
buyer: Yardi Systems, Inc.
Yardi is dedicated to the design, development, and support of real estate investment management and property management software. They offer full business solutions for every real estate market. "
target: iMS GmbH
iMS Immobilien-Management-Systeme GmbH of Mainz develops and supports software solutions for commercial property management. More than 60 major, international real estate companies use iMS software to manage shopping malls, offices, industrial parks and mixed-use residential/business properties.
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closed 9/2/2015 via BusinessWire

Yardi Systems, Inc., acquired Optimus EMR, Inc.

synopsis: Yardi has expanded its suite of senior living software through the acquisition of Optimus EMR Inc. The addition of Optimus adds proven skilled nursing and long-term care functionality to Yardi’s software lineup, giving senior living providers a single platform across the entire continuum of care.
buyer: Yardi Systems, Inc.
Yardi is committed to the design, development and support of software for real estate investment management and property management. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. "
target: Optimus EMR, Inc.
Optimus EMR, Inc. was founded in 2000 to address the clinical operations of the post-acute care industry and to support best practices in clinical procedures and processes. Optimus EMR is a truly new breed of service company that has developed the best clinical software solutions.
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closed 5/6/2014 via BusinessWire

Yardi Systems, Inc., acquired

synopsis: Yardi, a company dedicated to the design, development, and support of real estate investment management and property management software, announced that it has acquired Enerliance, a leading developer of energy efficiency software. Enerliance, founded in 2005, is the company behind the Load Based Optimization System (LOBOS).
buyer: Yardi Systems, Inc.
Yardi® is committed to the design, development and support of software for real estate investment management and property management. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. "
target:
Enerliance is the company behind the Load Based Optimization System (LOBOS), an intelligent optimization system for large-scale air conditioning systems that offers comfort, energy efficiency and fully automated demand response capability that improves bottom lines for building owners and occupants.
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announced 3/3/2014 via BusinessWire

Yardi Systems, Inc., will acquire Centershift, Inc.

synopsis: Yardi has acquired Centershift, an innovative technology leader focused on the self-storage industry. Their Store Enterprise™ and Store Advantage™ are cloud-based applications that integrate seamlessly with websites, call centers, web aggregators, mobile devices, centralized mail services, corporate offices and other business systems.
buyer: Yardi Systems, Inc.
Yardi® is committed to the design, development and support of software for real estate investment management and property management. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. "
target: Centershift, Inc.
Centershift offers self-storage management software. Their Store Enterprise™ and Store Advantage™ are cloud-based applications that integrate seamlessly with websites, call centers, web aggregators, mobile devices, centralized mail services, corporate offices and other business systems.
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closed 7/3/2013 via BusinessWire

Yardi Systems, Inc., acquired Pierce-Eislen

synopsis: Yardi announced that it has acquired Pierce-Eislen, a supplier of property- and market-level research and reporting for the multifamily industry. Pierce-Eislen’s unique online service bundles information, process, and technology into a transaction engine to provide apartment industry data at the property, market, regional, and national levels.
buyer: Yardi Systems, Inc.
Yardi Systems is a leading provider of cost-effective, high-performance real estate software solutions. With the products comprising its Yardi Voyager Senior Housing Suite and Yardi Investment Suite, Yardi Voyager is the most comprehensive senior housing management platform on the market. "
target: Pierce-Eislen
Pierce-Eislen’s unique online service bundles information, process, and technology into a transaction engine to provide apartment industry data at the property, market, regional, and national levels. Data is accurate, current, searchable, and accessible online in minutes.
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closed 4/4/2012 via BusinessWire

Yardi Systems, Inc., acquired PopCard

synopsis: Yardi announced its acquisition of Lead Tracking Solutions, creator of the PopCard™, a patented and complete lead tracking and lead management software solution. PopCard’s fully integrated lead-to-lease solution automates the tracking of rental prospects and helps maximize marketing dollars.
buyer: Yardi Systems, Inc.
Yardi Systems is a leading provider of cost-effective, high-performance real estate software solutions. With the products comprising its Yardi Voyager™ Senior Housing Suite and Yardi Investment Suite™, Yardi Voyager is the most comprehensive senior housing management platform on the market. "
target: PopCard
Lead Tracking Solutions's PopCard is a fully integrated lead-to-lease solution that automates the tracking of rental prospects to help maximize marketing dollars. The PopCard automatically captures prospect leads and instantly alerts users when new leads arrive.
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closed 1/5/2012 via BusinessWire

Yardi Systems, Inc., acquired ALMSA Corporation

synopsis: Yardi announced that it has acquired ALMSA Corporation, which provides electronic health record (EHR) and electronic medication administration record (eMAR) software and services for assisted living and long-term care communities. ALMSA’s platform includes assessment and care planning, financial analysis and risk mitigation.
buyer: Yardi Systems, Inc.
Yardi Systems is a leading provider of cost-effective, high-performance real estate software solutions. With the products comprising its Yardi Voyager™ Senior Housing Suite and Yardi Investment Suite™, Yardi Voyager is the most comprehensive senior housing management platform on the market. "
target: ALMSA Corporation
ALMSA Corporation enhances profitability and oversight of a variety of community environments by utilizing a highly adaptable and accessible Web-based health platform to move community management and health operations into the digital world.
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closed 2/1/2011 via BusinessWire

Yardi Systems, Inc., acquired REEPCO

synopsis: Yardi Systems announced the acquisition of Real Estate Electronic Publishing Company Inc. (REEPCO). REEPCO owns and operates InternetCrusade® (IC), a national technology training organization for real estate professionals, and RealTown®, the industry’s oldest online real estate community.
buyer: Yardi Systems, Inc.
Yardi Systems has been committed to the design, development, and support of real estate investment management and property management software for nearly 30 years. The Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. "
target: REEPCO
Real Estate Electronic Publishing Company Inc. (REEPCO) owns and operates the oldest online real estate community, RealTown, and is recognized for its national broker and agent training infrastructure, having delivered more than 3,600 live technology training programs in the U.S. and Canada.
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closed 9/30/2010 via BusinessWire

Yardi Systems, Inc., acquired Point2 Technologies Inc.

synopsis: Yardi Systems has acquired Point2 Technologies Inc. Point2 develops, markets, and supports online marketing software solutions for the real estate industry. The company also develops, markets, and supports inventory management and online marketing software for the heavy equipment industry.
buyer: Yardi Systems, Inc.
Yardi Systems has been committed to the design, development, and support of real estate investment management and property management software for nearly 30 years. The Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. "
target: Point2 Technologies Inc.
Point2 develops and markets web-based inventory management and online marketing software solutions for the real estate and heavy equipment industries across 120 countries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/4/2010 via BusinessWire

Yardi Systems, Inc., acquired VisualHOMES

synopsis: Yardi Systems announced that it has acquired VisualHOMES, a leading provider of software solutions for North American public housing authorities that manage low-income housing.
buyer: Yardi Systems, Inc.
Yardi Systems, Inc. is the global leader in the design, development, and support of integrated Asset and Property Management software for organizations of all sizes. Yardi’s technology and services is the premier application for real estate software solutions worldwide. "
target: VisualHOMES
VisualHOMES provides a software solution for public housing, Section 8 and financial accounting management. Public housing and redevelopment authorities, non-profits and related agencies have been using VisualHOMES’ Windows-based solutions in real world, mission-critical operations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/7/2010 via BusinessWire

Yardi Systems, Inc., acquired DIY Real Estate Solutions

synopsis: Yardi Systems has acquired residential property management software provider DIY Real Estate Solutions. DIY co-founders Don Katt, Steve Lloyd, and Alison Cavano, who were major contributors to the success of MRI Software for the last 20 years, will remain with the company.
buyer: Yardi Systems, Inc.
Yardi Systems, Inc. is the global leader in the design, development, and support of integrated Asset and Property Management software for organizations of all sizes. Yardi’s technology and services is the premier application for real estate software solutions worldwide. "
target parent: JumpStart Ventures
target: DIY Real Estate Solutions
DIY, founded in 2007 and based in Cleveland, has created a simple and affordable set of online professional tools and services specifically designed for landlords and property managers in the small to mid-sized apartment management industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/31/2010 via BusinessWire

Yardi Systems, Inc., acquired PropertyShark

synopsis: Yardi Systems announced that it has acquired PropertyShark, creators of PropertyShark.com, the premier real estate data website. Yardi acquired PropertyShark to integrate deep property data into the Yardi suite of real estate investment management and property management software.
buyer: Yardi Systems, Inc.
Yardi Systems, Inc. is the global leader in the design, development, and support of integrated Asset and Property Management software for organizations of all sizes. Yardi’s technology and services is the premier application for real estate software solutions worldwide. "
target: PropertyShark
PropertyShark offers the information essential to evaluate real estate and make informed decisions. PropertyShark.com provides real estate professionals, investors and home buyers with data, tools and educational classes on all aspects of property available directly from the Web.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/17/2010 via BusinessWire

Yardi Systems, Inc., acquired RentGrow, Inc.

synopsis: Yardi Systems announced that it has purchased RentGrow Inc., a leading provider of online resident screening services for multifamily property management firms.
buyer: Yardi Systems, Inc.
Yardi Systems, Inc. is the global leader in the design, development, and support of integrated Asset and Property Management software for organizations of all sizes. Yardi’s technology and services is the premier application for real estate software solutions worldwide. "
target: RentGrow, Inc.
RentGrow is a leading provider of online resident screening services for property management firms across the country. Founded in 1989, RentGrow focuses exclusively on the multifamily industry and have grown through consistent customer acquisition and outstanding customer retention.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/28/2008 via Company Press Release

Yardi Systems, Inc., purchased ARGUS Property Management (CTI) and ARGUS INSIGHT Reporting from ARGUS Software, Inc.

synopsis: Market leaders, Yardi Systems and ARGUS Software are pleased to announce the formation of a strategic alliance in conjunction with Yardi’s acquisition of ARGUS Property Management, also known as CTI, and ARGUS INSIGHT Reporting.
buyer: Yardi Systems, Inc.
Yardi Systems, Inc. is the global leader in the design, development, and support of integrated Asset and Property Management software for organizations of all sizes. Yardi’s technology and services is the premier application for real estate software solutions worldwide. "
seller parent: Insight Venture Partners
seller: ARGUS Software, Inc.
ARGUS Software provides universal software and service solutions that reveal, optimize and realize value for the commercial real estate industry. ARGUS' products have become the industry standard and provide the complete solution for managing and growing your commercial real estate portfolio.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/9/2007 via BusinessWire

Yardi Systems, Inc., acquired SiteStuff

synopsis: Yardi Systems, the global leader in asset and property management software, is pleased to announce the recent acquisition of SiteStuff, Inc. Headquartered in Austin, Texas, SiteStuff is the leading provider of procurement and supply chain management services to the commercial real estate market.
buyer: Yardi Systems, Inc.
Yardi Systems, Inc. is the global leader in the design, development, and support of integrated Asset and Property Management software for organizations of all sizes. Yardi’s technology and services is the premier application for real estate software solutions worldwide. "
target: SiteStuff
SiteStuff, Inc. is the nation’s leading procurement company in the commercial real estate industry. SiteStuff helps companies reach their procurement goals, streamline the invoice and accounting process, as well as provides information that gives companies greater control over their spend.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/11/2019 via BusinessWire

LeaseAccelerator, acquired Guardian Global Systems

synopsis: LeaseAccelerator, the pioneer in Enterprise Lease Accounting Software-as-a-Service (SaaS), has acquired Guardian Global Systems, an Australian-based provider of Real Estate Administration SaaS to commercial and government organizations. Guardian Global's Portfolio Manager enables companies to manage assets, contracts, clauses, options, and more.
buyer: LeaseAccelerator
LeaseAccelerator offers the market-leading Software-as-a-Service (SaaS) solution for Enterprise Lease Accounting, enabling compliance with the current and new Financial Accounting Standards Board (FASB) and International Financial Reporting Standards (IFRS) standards. "
target: Guardian Global Systems
Guardian Global Systems is an Australian provider of Real Estate Administration Software as a Service to commercial and government organizations. Guardian Global provides an Integrated Workplace Management System (IWMS) to manage acquiring, operating, and divesting corporate real estate assets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/27/2017 via BusinessWire

Sopra Banking Software, acquired Cassiopae

synopsis: Sopra Steria has acquired, through its subsidiary Sopra Banking Software, a trusted, long-term partner of over 600 banks in more than 70 countries, Cassiopae. Cassiopae is the leading global provider of finance and asset management software.
buyer parent: Sopra Steria
buyer: Sopra Banking Software
Sopra Banking Software is a trusted, long-term partner of over 600 banks in more than 70 countries. Sopra Banking has an unequalled ability to address the requirements for banks and financial institutions of any size and scope, allowing them to innovate and expand their services. "
target: Cassiopae
Cassiopae is the leading global provider of finance and asset management software. Cassiopae’s highly-configurable solutions support leases, commercial loans, business loans, construction loans, equipment finance, vehicle finance, vendor finance, and real estate and fleet management.
price ($mm)
rev ($mm)
$56
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 8/11/2014 via GlobeNewswire

Asure Software, Inc., acquired Roomtag

synopsis: Asure Software, a leading provider of workplace management software solutions, announced that it has acquired Roomtag, a Baltimore-based provider of SaaS-based space, occupancy, assets and move management solutions, as well as a visual directory that enables users to locate staff members, work and meeting spaces, and resources.
buyer: Asure Software, Inc. (ASUR:$99.48)
Asure Software, Inc. offers cloud-based time and labor management and workspace management solutions that help clients bring space and time together. Asure currently offers two main product lines: AsureSpace™ workplace management solutions, and AsureForce® time and labor management solutions. "
target: Roomtag
Roomtag is a Baltimore-based provider of SaaS-based space, occupancy, assets and move management solutions, as well as a visual directory that enables users to locate staff members, work and meeting spaces, and resources.
price ($mm)
$1.69
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/22/2011 via BusinessWire

Ecova, Inc., will acquire Prenova, Inc.

synopsis: Ecova, a leading total energy and sustainability management company, announced the intent to acquire Prenova, Inc., an enterprise energy management company headquartered in Atlanta. Prenova has over 45,000 commercial and industrial buildings under management with 7,500 buildings connected on a real-time basis for a range of services.
buyer parent: Avista Corp.
buyer: Ecova, Inc.
Ecova is the total energy and sustainability management company whose sole purpose is to see more, save more, and sustain more for its clients. Ecova provides fully managed, technology-optimized solutions for saving resources, which in turn increase returns, lower risks, and enhance reputations. "
target: Prenova, Inc.
Prenova, Inc. is a privately-held enterprise energy management company headquartered in Atlanta. Prenova’s Enterprise Energy Management software is designed for organizations with large, multi-facility portfolios that want to monitor energy consumption and improve energy efficiency.
price ($mm)
$36
rev ($mm)
$12
EBITDA ($mm)
EV / rev
2.9x
EV / EBITDA
closed 6/27/2011 via Company Press Release

MRI Software LLC, acquired Workspeed Management, LLC

synopsis: MRI Software LLC, a leading developer of innovative real estate management and investment software solutions for the global real estate industry, announced that it has merged the operations of Workspeed Management, LLC into its own. This strategic transaction expands MRI’s existing market-leading offerings in property management.
buyer parent: Vista Equity Partners
buyer: MRI Software LLC
MRI Software offers business management solutions to the global property management industry as well as to corporate real estate managers. MRI Software offers the most flexible solutions with both outsourced hosted offerings and packaged enterprise software. "
target: Workspeed Management, LLC
Workspeed is a provider of web and wireless applications designed to optimize real estate enterprise performance. Workspeed helps clients do a more efficient and effective job by giving tenants, property management, staff and vendors easy access and visibility through a flexible central system.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/2/2011 via Company Press Release

Altus Group Limited, acquired ARGUS Software, Inc.

synopsis: Altus Group Limited announced that it has completed the previously announced merger of Realm Solutions, Inc., owner of ARGUS Software ("ARGUS"), with a subsidiary of Altus. ARGUS provides universal software and service solutions that reveal, optimize and realize value for the commercial real estate industry.
buyer: Altus Group Limited (TSX:AIF:$469.28)
Altus Group is a provider of independent real estate consulting and professional advisory services worldwide. Its clients include banks, financial institutions, governments, pension funds, asset and fund managers, developers and landlords and companies engaged in the oil and gas industry. "
target parent: Insight Venture Partners
target: ARGUS Software, Inc.
ARGUS Software provides universal software and service solutions that reveal, optimize and realize value for the commercial real estate industry. ARGUS' products have become the industry standard and provide the complete solution for managing and growing your commercial real estate portfolio.
price ($mm)[EV]
$130 [$140]
rev ($mm)
$25
EBITDA ($mm)
$7
EV / rev
5.6x
EV / EBITDA
20.7x
closed 6/12/2006 via BusinessWire

DOMIN-8 Enterprise Solutions, acquired Logicbuilt Inc.

synopsis: Domin-8 Enterprise Solutions(TM), a leading provider of advanced property management software and services for the multifamily housing industry, today announced the acquisition of Logicbuilt Inc. of Vista, California. Logicbuilt provides a set of applications for real estate, construction, maintenance and many other service-based industries.
buyer: DOMIN-8 Enterprise Solutions
DOMIN-8 Enterprise Solutions is a leading provider of advanced property management software and services for the multifamily housing industry. DOMIN-8 develops and markets Paradigm Residential Property Management (RPM), a tightly integrated solution to control every aspect of residential management."
target: Logicbuilt Inc.
Logicbuilt Inc. is an industry specific software company that develops applications for Real Estate, Construction, Maintenance and many other service-based industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/22/2006 via BusinessWire

Insight Venture Partners, Lightyear Capital LLC, acquired Realm Business Solutions, Inc.

synopsis: Insight Venture Partners, LLC, a private equity firm focused on software and Internet services, and Lightyear Capital, LLC, a private equity firm focused on financial services including financial technology, announced today the acquisition of all of the capital stock of Realm Business Solutions, Inc.
buyer: Insight Venture Partners
buyer: Lightyear Capital LLC
Lightyear Capital is a private equity investment firm providing buyout and growth capital to companies in the financial services industry. Lightyear manages approximately $2 billion in assets with investments across the financial services spectrum. "
target: Realm Business Solutions, Inc.
ARGUS Software provides universal software and service solutions that reveal, optimize and realize value for the commercial real estate industry. ARGUS' products have become the industry standard and provide the complete solution for managing and growing your commercial real estate portfolio.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/5/2021 via Company Press Release

Swegon Group AB, will acquire 720 Degrees Oy

synopsis: Swegon has signed an agreement to acquire the majority in the Finnish digital software company 720° (degrees). 720° provides analytical software to monitor, visualise and predict the indoor climate in buildings.
buyer parent: Investment AB Latour
buyer: Swegon Group AB
Swegon Group AB, owned by Investment AB Latour, listed on the Stockholm Stock Exchange, is a market leading supplier in the field of indoor environment, offering solutions for ventilation, heating, cooling and climate optimisation, as well as connected services and expert technical support. "
target: 720 Degrees Oy
Finnish digital software company 720° provides analytical software to monitor, visualise and predict the indoor climate in buildings. 720° was founded in 2012 and has 8 employees with the head office in Helsinki.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/12/2018 via GlobeNewswire

AcuityBrands, acquired Lucid Design Group

synopsis: AcuityBrands, a provider of lighting and building management solutions, has acquired Lucid Design Group, a provider of building analytics through its industry-leading BuildingOS business intelligence platform. Lucid’s SaaS platform enables users to gain powerful insights into the operations of their buildings, helping to make them more efficient.
buyer: AcuityBrands (AYI:$3,672.70)
Acuity Brands, Inc. is the North American market leader and one of the world's leading providers of lighting and building management solutions. The company's products and solutions are sold under various brands. "
target: Lucid Design Group
Lucid provides a data and analytics platform to make data-driven decisions to improve building efficiency and drive energy conservation and savings. Its SaaS-based BuildingOS platform enables users to gain powerful insights into the operations of their buildings, helping to make them more efficient.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/25/2020 via BNC Analysis

Control IT, acquired Synapplix GmbH

synopsis: Control.IT Unternehmensberatung GmbH, a market leader for asset and portfolio management software in German-speaking countries, has acquired Synapplix GmbH, a Munich-based technology leader of real estate portfolio management. The acquisition will create the largest software house specializing in asset and portfolio management in the DA-CH region.
buyer: Control IT
Control.IT is the market leader for asset and portfolio management system software in German-speaking countries. The company's bison.box software is a preconfigured system that offers extensive planning modules and enables detailed asset and portfolio analysis. "
target: Synapplix GmbH
Munich-based Synapplix is a technology leader of real estate portfolio management. Based on SAP HANA, and Microsoft SQL Server, Synapplix's software can be adapted to the needs of each customer. The company provides services for asset management, capital management companies, banks, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/4/2021 via BNC Analysis

Barbon Insurance Group Limited, acquired Rent4sure

synopsis: Barbon Insurance group, the UK’s largest tenant referencing and specialist lettings insurance company, has acquired Rent4sure, an all-in-one lettings platform for UK agents. Rent4sure offers a fully integrated suite of referencing software. Their cloud-based system allows users to manage all of their properties and references in one place.
buyer parent: PIB Group
buyer: Barbon Insurance Group Limited
Barbon Insurance Group is the UK’s largest tenant referencing and specialist lettings insurance company. Their comprehensive range of specialist products give complete protection and peace of mind to letting agents, tenants, and landlords. "
target: Rent4sure
Rent4sure is an all-in-one lettings platform for UK agents. Rent4sure offers a fully integrated suite of referencing software that helps agents to grow their business with security and confidence. Their cloud-based system allows users to manage all of their properties and references in one place.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/21/2021 via Company Press Release

Arthur, will acquire Tilt Property Software

synopsis: Arthur Online, a British subsidiary of Aareon, Europe’s leading provider of property software, will acquire UK-based Tilt Property Software, a provider of property management software. The acquisition of Tilt Property Software will further strengthen the Aareon Group’s position in the UK market.
buyer parent: Aareal Bank AG
buyer: Arthur
Based in London, Arthur offers a cloud-native SaaS solution specifically developed to enhance efficiency with innovative end-to-end solutions. The software enables property managers, landlords, and agents to manage their real estate portfolios anytime and anywhere using specially developed apps. "
target: Tilt Property Software
Based in the UK, Tilt Property Software provides simple, powerful property software for residential lettings, sales, and local housing. With its three different platforms – Origin, Elevate and Affinity – Tilt offers a comprehensive web-based software package for property management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/13/2021 via Company Press Release

Fortive Corporation, will acquire ServiceChannel, Inc.

synopsis: Fortive Corporation, a provider of essential technologies for connected workflow solutions across a range of attractive end-markets, announced it has entered into a definitive agreement to acquire ServiceChannel, a leading global provider of SaaS-based multi-site facilities maintenance service solutions with an integrated service-provider network.
buyer: Fortive Corporation (FTV:$4,785.50)
Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets. The company holds leading positions in intelligent operating solutions, precision technologies, and advanced healthcare solutions. "
target: ServiceChannel, Inc.
ServiceChannel provides facilities managers with a single platform to source, procure, manage and pay for repair and maintenance services from commercial contractors across their enterprise. They provide a real time and web‐based view of service data across all trades, locations and contractors.
price ($mm)
$1,200
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/2/2021 via PR Newswire

Thoma Bravo, LLC, acquired iOffice, Inc.

synopsis: iOFFICE, the industry leader in workplace experience and asset management software-as-a-service solutions, announced its acquisition by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, from prior owner Waud Capital Partners.
buyer: Thoma Bravo, LLC
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make acquisitions intended to accelerate revenue and earnings. "
target parent: Waud Capital Partners, LLC
target: iOffice, Inc.
iOFFICE is the leader in digital workplace experience solutions. iOFFICE provides enterprise workplace leaders with the SaaS platform, mobile tools and analytics to simplify facility management, empower employees and increase workplace productivity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/26/2021 via BNC Analysis

Aareon AG, acquired Fixflo

synopsis: Fixflo has been sold to German software giant Aareon. Fixflo is a repair reporting and maintenance management software system based in London, which aims to streamline the maintenance management process. By using the system, property managers and landlords save time and money, and tenants get repairs carried out more quickly.
buyer parent: Aareal Bank AG
buyer: Aareon AG
Germany-based Aareon is a provider of ERP software and digital solutions for the European property industry. Aareon provides its customers with ground-breaking and secure solutions in the fields of consulting, software, and services to optimise IT-based business processes and expand business models."
target: Fixflo
Fixflo is a repair reporting and maintenance management software system based in London, which aims to streamline the maintenance management process. By using the system, property managers and landlords save time and money, and tenants get repairs carried out more quickly.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/12/2021 via Yahoo, Inc.

Scout24 AG, will acquire Vermietet.de

synopsis: Scout24, a leading operator of digital marketplaces in Germany, will acquire a majority stake in Vermietet.de, a leading property management platform in Germany. Vermietet.de's cloud-based solutions enable property managers to track their property’s performance, prepare modernizations, do structured accounting and manage their tenants.
buyer parent: Hellman & Friedman LLC
buyer: Scout24 AG (DB:G24:$460.34)
Scout24 AG's digital marketplaces, ImmobilienScout24 and AutoScout24, help people find a home and a car. Scout24 offers additional services including credit information, the brokerage of relocation services or construction and car financing. "
target: Vermietet.de
Vermietet.de is a leading property management platform in Germany. Vermietet.de offers cloud-based solutions for private landlords and property managers. Their platform enables users to track their property’s performance, prepare modernizations, do structured accounting and manage their tenants.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/28/2021 via Company Press Release

Equiem, acquired Vicinitee Ltd

synopsis: Equiem – Australia’s most widely used tenant experience platform, serving leading owners including Dexus, Lendlease, Salta Properties, ISPT, and Abacus Property Group, has acquired Vicinitee - British Land’s digital property management platform, used across more than 150 buildings throughout the UK, including Broadgate, The Shard and The Gherkin.  
buyer: Equiem
Founded in Australia in 2011, Equiem developed the world’s first digital tenant experience platform, and forever changed the way landlords communicate and interact with occupiers. Equiem’s technology stack includes mobile and desktop apps, communications and event management. "
target parent: British Land Company Plc
target: Vicinitee Ltd
Vicinitee is British Land’s digital property management platform, used across more than 150 buildings throughout the UK, including Broadgate, The Shard and The Gherkin. Vicinitee is a web-based platform that streamlines property management operations and facilitates communications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/21/2021 via Company Press Release

Confirma Software AB, acquired Tietoaika.fi

synopsis: Confirma Software, a Nordic platform focused on acquiring strong enterprise software companies, has acquired Tietoaika.fi, a Finnish developer of real-estate management solutions. Tietoaika offers cloud-based ERP solutions for real estate management companies. Their Domus ERP platform provides solutions for invoicing, property management and more.
buyer parent: ABRY Partners, LLC
buyer: Confirma Software AB
Confirma Software is a Nordic platform focused on acquiring strong enterprise software companies with specialized offerings for SME customers. Confirma Software is committed to continue the successful operation of each of its subsidiaries under their existing brands and with existing management. "
target: Tietoaika.fi
Tietoaika is a Finnish developer of residential real-estate management solutions. Tietoaika offers cloud-based ERP solutions for real estate management companies. Their Domus ERP platform provides solutions for invoicing, accounting, property management, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/31/2021 via Company Press Release

MRI Software LLC, acquired Palace

synopsis: MRI Software, a global leader in real estate software, has acquired Palace, New Zealand’s market-leading provider of residential property management solutions. Using slick design and innovative functions, Palace allows users to focus on growing their property management department.
buyer parent: GI Partners
buyer: MRI Software LLC
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management to analytics. "
target: Palace
Palace is the platform for everything property management. Using slick design and innovative functions, Palace allows users to focus on growing their property management department. Manage financials, keep track of property keys and work freely with their mobile apps.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like Forge


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MicroMain Corporation

MCS Solutions

Accruent, LLC

Kykloud

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REEPCO

Point2 Technologies Inc.

VisualHOMES

DIY Real Estate Solutions

PropertyShark

RentGrow, Inc.

ARGUS Software, Inc.

SiteStuff

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Guardian Global Systems

Cassiopae

Roomtag

Prenova, Inc.

Workspeed Management, LLC

ARGUS Software, Inc.

Logicbuilt Inc.

Realm Business Solutions, Inc.

720 Degrees Oy

Lucid Design Group

Synapplix GmbH

Rent4sure

Tilt Property Software

ServiceChannel, Inc.

iOffice, Inc.

Fixflo

Vermietet.de

Vicinitee Ltd

Tietoaika.fi

Palace

Geography
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FISION
FISION
FISION is a cloud-based digital asset management, marketing automation, and sales enablement company. FISION’s advanced, proprietary technology specializes in managing a customer’s brand and marketing content enabling marketing and sales people to create compelling on-brand communications.
year
2020
rev ($mm)
$0.45
EBITDA ($mm)
($2.98)
EBIT ($mm)
($2.99)
Net Income ($mm)
Employees
0
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Ticker: ASX:LVT
 
 
 
 
 
 
 
 
LiveTiles
LiveTiles offers intelligent workplace software for the commercial, government and education markets, and is an award-winning Microsoft Partner. Their software empowers companies to create modern intranet experiences tailored to their unique needs and enhanced by AI.
year
2019
rev ($mm)
$12.41
EBITDA ($mm)
($22.25)
EBIT ($mm)
($23.18)
Net Income ($mm)
Employees
180
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Ticker: AIM:SMRT
 
 
 
 
 
 
 
 
SmartSpace Software Plc.
SmartSpace Software Plc.
Based in the UK, SmartSpace is building a SaaS orientated software business, designing and building software centering around its 'Connect' software platform and 'OneSpace' occupancy management software, to help people work smarter and more efficiently on a global platform.
year
2019
rev ($mm)
$8.26
EBITDA ($mm)
($3.44)
EBIT ($mm)
($4.45)
Net Income ($mm)
Employees
130
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Ticker: UPLD
 
 
 
 
 
 
 
 
Upland Software
Upland Software
Upland Software is a leading provider of cloud-based Enterprise Work Management software. Their applications enables users to manage their projects, professional workforce and IT investments, automate document-intensive business processes and engage with their customers, prospects and community.
year
2021
rev ($mm)
$297.71
EBITDA ($mm)
$43.38
EBIT ($mm)
($4.51)
Net Income ($mm)
Employees
810
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Ticker: NYSE:NOW
 
 
 
 
 
 
 
 
ServiceNow
ServiceNow
ServiceNow is changing the way people work. With a service-orientation toward the activities, tasks and processes that make up day-to-day work life, ServiceNow helps the modern enterprise operate faster and be more scalable than ever before.
year
2021
rev ($mm)
$5,171.48
EBITDA ($mm)
$633.24
EBIT ($mm)
$234.86
Net Income ($mm)
$170.50
Employees
13096
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Ticker: AIM:GBO
 
 
 
 
 
 
 
 
Globo Plc
The Globo Group has established itself as one of the market leaders in the Greek ICT market. It provides e-business and telecom software products and related services to the private and governmental sectors in Greece as well as developing and operating broadband wired and wireless networks.
year
2013
rev ($mm)
$97.49
EBITDA ($mm)
$43.39
EBIT ($mm)
$35.60
Net Income ($mm)
$34.53
Employees
165
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Ticker: ENXTPA:GENX
 
 
 
 
 
 
 
 
Generix SA
Generix SA
Generix Group develops software solutions for the manufacturing, logistics and retail ecosystems, helping its customers to manage, pool, integrate and optimize their information flows.
year
2016
rev ($mm)
$65.21
EBITDA ($mm)
$4.70
EBIT ($mm)
$3.69
Net Income ($mm)
$1.39
Employees
376
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Ticker: 300051
 
 
 
 
 
 
 
 
Xiamen 35.Com Technology Co., Ltd.
Xiamen 35.Com Technology Co., Ltd.
Xiamen 35.Com Technology Co., Ltd. provides software products and information technology services to medium and small-scale enterprises in China. The company offers Internet business solutions, corporate communication solutions, and enterprise management solutions.
year
2015
rev ($mm)
$39.89
EBITDA ($mm)
($1.95)
EBIT ($mm)
($2.28)
Net Income ($mm)
Employees
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Ticker: TSXV:OSS
 
 
 
 
 
 
 
 
OneSoft Solutions Inc.
OneSoft Solutions Inc. is a Canada-based developer of cloud-based business solutions. OneSoft's business strategy is to seek opportunities to convert legacy business software applications to a more cost efficient subscription based business model utilizing the Microsoft Cloud.
year
2015
rev ($mm)
$0.26
EBITDA ($mm)
($1.57)
EBIT ($mm)
($1.61)
Net Income ($mm)
Employees
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Ticker: XTRA:NEM
 
 
 
 
 
 
 
 
Nemetschek
Nemetschek
Nemetschek, Munich, is a globally leading software provider for the AEC industry. With its 12 brands, the Nemetschek Group now serves more than 1.8 million users in 142 countries from more than 50 locations worldwide.
year
2019
rev ($mm)
$599.43
EBITDA ($mm)
$134.58
EBIT ($mm)
$125.73
Net Income ($mm)
$133.28
Employees
2838
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Ticker: TSE:1435
 
 
 
 
 
 
 
 
Investors Cloud Co., Ltd.
Investors Cloud Co., Ltd. engages in the development and operation of TATERU and other software companies. The company is based in Tokyo, Japan.
year
2018
rev ($mm)
$716.09
EBITDA ($mm)
$9.52
EBIT ($mm)
$6.53
Net Income ($mm)
$7.44
Employees
505
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Ticker: APPF
 
 
 
 
 
 
 
 
AppFolio
AppFolio creates comprehensive, easy-to-use, cloud-based business software solutions for vertical markets. AppFolio's products include cloud-based property management software (AppFolio Property Manager) and cloud-based legal practice management software (MyCase).
year
2020
rev ($mm)
$288.83
EBITDA ($mm)
$22.06
EBIT ($mm)
$13.39
Net Income ($mm)
$30.65
Employees
1370
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Ticker: OB:ORN
 
 
 
 
 
 
 
 
Orn Software
Orn Software
Based in Norway, Ørn Software is a Nordic provider of SaaS solutions enabling efficient operations and maintenance across a wide range of asset-heavy industries, including real estate, manufacturing, food & beverages, and aquaculture.
year
2021
rev ($mm)
$10.62
EBITDA ($mm)
($1.96)
EBIT ($mm)
($2.28)
Net Income ($mm)
Employees
60
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