Like Momentum Software

announced 6/20/2022 via BNC Analysis

Aareon AG, will acquire Momentum Software

synopsis: Aareon AG, a provider of ERP software and digital solutions for the European property industry, will acquire a 93% stake in Momentum Software, a provider of web-based property management software in Sweden. Momentum allows property managers to digitilize all aspects of property management, including leasing, maintenance, energy management and more.
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: Momentum Software
Momentum Software is a leading provider of web-based property management software in Sweden. Momentum allows managers of both commercial and residential property to digitilize all aspects of property management, including leasing, maintenance, energy management and more.
price ($mm)[EV]
$167 [$158]
rev ($mm)
$10
EBITDA ($mm)
$2
EV / rev
15.9x
EV / EBITDA
81.1x
closed 11/2/2022 via BNC Analysis

WorkWave, acquired TaskEasy

synopsis: WorkWave is a cloud-based SaaS provider, announced the acquisition of TaskEasy, a service provider for rental property owners. TaskEasy provides the ability to order and manage services like lawn and yard maintenance, snow clearing, interior cleaning and pool maintenance for single-family rental properties.
buyer parent: EQT AB
buyer: WorkWave
WorkWave empowers service-oriented companies to reach their full potential through scalable, cloud-based software solutions that support every stage of their business life-cycle. WorkWave helps mobile workforce companies to estimate jobs, schedule and route mobile workers, and bill customers. "
target: TaskEasy
TaskEasy offers API and digital tools for property management to residential and commercial property portfolio owners. TaskEasy provides the ability to order and manage services like lawn and yard maintenance, snow clearing, interior cleaning and pool maintenance for single-family rental properties.
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closed 10/12/2022 via PR Web

JDM Technology Group, acquired AerieHub

synopsis: JDM Technology Group, a leading global software business of best-in-class software providers, has acquired AerieHub, a developer of award winning facility management software that provides secure, fast access to critical information to improve maintenance efficiency and strengthen building safety.
buyer: JDM Technology Group
JDM Technology Group is a global software business focused on delivering business software systems for the architecture, engineering, construction, and operations industries with over 150,000 users served in 40 countries on 7 continents, employing over 550 staff. "
target: AerieHub
AerieHub is a patented and award-winning software. The customizable software helps facility managers achieve excellence and efficiency in their day-to-day operations by providing secure, easy access to drawings, documents, compliance, space information, and more.
price ($mm)
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closed 9/28/2022 via PR Newswire

Guesty, acquired HiRUM

synopsis: Guesty, the leading property management platform for the short-term rental and hospitality industry, has acquired HiRUM, a provider of property management software solutions in Australia. HiRUM helps hotels and accommodation managers to streamline their operational processes. They offer solutions for property management, trust accounting, and more.
buyer: Guesty
Guesty is the world's leading property management platform for the short-term, vacation rental and hospitality industry. Customers utilize Guesty's platform and solutions to centralize their reservations, guest communication, and more across all the major booking online travel agencies. "
target: HiRUM
HiRUM is a leading provider of property management software solutions in Australia. HiRUM helps hotels and accommodation managers to streamline their operational processes and maximize their revenue. They offer solutions for property management, trust accounting, channel management, and more.
price ($mm)
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closed 9/28/2022 via GlobeNewswire

Chime Technologies, acquired Rentancy

synopsis: Chime Technologies, an award-winning real estate technology innovator, announced it has acquired Rentancy, a provider of innovative property management software and services.
buyer parent: Renren Inc.
buyer: Chime Technologies
Chime is an award-winning real estate technology innovator headquartered in Phoenix, Arizona. Their AI-powered platform empowers real estate professionals, teams, and brokerages with the tools they need to automate lead generation operations, drive conversions, and grow their business. "
target: Rentancy
Rentancy provides software and service solutions to solve the back office needs of lettings agents, estate agents and professional landlords. They specialize in rent processing (collection, reconciliation, client money and deposit management), bookkeeping and property management.
price ($mm)
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closed 9/14/2022 via PR Newswire

Guesty, acquired YieldPlanet SA

synopsis: Guesty, the leading property management platform for the short-term rental and hospitality industry, has acquired Poland-based Yieldplanet, a hotel focused revenue and distribution platform. The acquisition expands Guesty's offerings and capabilities for traditional hotels, with YieldPlanet's technology integrated within the Guesty platform.
buyer: Guesty
Guesty is the world's leading property management platform for the short-term, vacation rental and hospitality industry. Customers utilize Guesty's platform and solutions to centralize their reservations, guest communication, and more across all the major booking online travel agencies. "
target: YieldPlanet SA
Based in Poland, YieldPlanet is a SaaS provider delivering travel technology solutions for revenue and distribution management. The company's solutions synchronize with property management software to provide a single point of control for channels.
price ($mm)
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closed 8/17/2022 via Company Press Release

Volaris Group Inc., acquired Technology Blueprint Ltd.

synopsis: Ontario-based Volaris Group has acquired the Technology Blueprint (TBL), creators of PropCo, the UK’s leading lettings, property management and client accounts software platform. Joining Volaris gives TBL the opportunity to retain the company’s unique culture, while getting the support to maximise its potential for the long-term.
buyer parent: Constellation Software, Inc.
buyer: Volaris Group Inc.
Headquartered in Canada, Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow. "
target: Technology Blueprint Ltd.
Based in the UK, Technology Blueprint (TBL) are the market-leaders in PropTech and the expertise behind PropCo, a scalable online property management package offering industry-leading web-based software.
price ($mm)
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announced 5/30/2022 via Company Press Release

EG A/S, will acquire Orn Software

synopsis: EG A/S, a leading Danish software company, will acquire Ørn Software Holding AS, a Norwegian software company that provides a digital platform that simplifies day-to-day operations for demanding businesses.
buyer parent: Francisco Partners Management LLC
buyer: EG A/S
EG is a market leading vendor of Nordic Vertical Software for private and public customers. EG’s Software-as-a-Service offerings are developed by specialists with deep industry and domain knowledge, supporting business-critical and administrative processes. "
target: Orn Software (OB:ORN:$20.76)
Based in Norway, Ørn Software provides a digital platform that simplifies day-to-day operations for demanding businesses. The Software as a Service-solutions ensure efficient operations and maintenance throughout a wide variety of industries.
price ($mm)
rev ($mm)
$24
EBITDA ($mm)
$3
EV / rev
0.0x
EV / EBITDA
0.0x
closed 4/28/2022 via GlobeNewswire

HOAM Ventures, acquired TownSq

synopsis: HOAM Ventures, an independently operated investment firm specializing in PropTech and real estate technology, has acquired Brazil-based TownSq, the community management industry’s leading technology provider of global community living solutions.
buyer parent: Associa
buyer: HOAM Ventures
HOAM Ventures is an investment firm specializing in PropTech and real estate technology. The company backs, acquires, mentors, and partners with revolutionary companies, thought leaders, and innovative products. "
target: TownSq
Headquartered in Brazil, TownSq is a single digital platform that offers the most complete and comprehensive suite of community management solutions. It delivers easy, proven, and collaborative tools and services designed to enhance property values and revolutionize the community living experience.
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closed 4/27/2022 via BNC Analysis

Nihon Jyoho Create, acquired RealNetPro

synopsis: Nihon Jyoho Create, a real estate IT partner in Japan, has acquired an 80% stake in RealNetPro (RNP), a provider of cloud-based real estate software in Japan. RNP aims to improve the efficiency of the real estate industry by digitizing their operations. Their software allows management companies to easily manage all of their commercial properties.
buyer: Nihon Jyoho Create (TSE:4054:$21.98)
Nihon Jyoho Create is a leading real estate IT partner in Japan. Nihon Jyoho Create provides products and services to help real estate companies improve their business. They offer software solutions for homepage creation, property management, customer service, rental management, and more. "
target: RealNetPro
RealNetPro (RNP) is a leading provider of cloud-based real estate software in Japan. RNP aims to improve the efficiency of the real estate industry by digitizing their operations. Their software allows management companies to easily manage all of their commercial properties.
price ($mm)
$11*
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.1x
EV / EBITDA
closed 4/6/2022 via Company Press Release

Planon Inc., acquired SPM Assets Limited

synopsis: Planon and SPM Assets announced that Planon has acquired a majority share in SPM Assets, headquartered in Auckland, New Zealand. SPM Assets is the industry-leading provider of specialized asset management services and software in Australia and New Zealand for owners and managers of building portfolios.
buyer: Planon Inc.
Planon is the leading global provider of innovative real estate and facility management software. Planon helps building owners and occupiers, commercial service providers, and financial controllers to streamline business processes for buildings, assets, workplaces and people. "
target: SPM Assets Limited
SPM Assets, headquartered in Auckland, New Zealand is the industry-leading provider of specialized asset management services and software for owners and managers of building portfolios. Their easy-to-use cloud-based asset management software is designed to leverage up-to-date trusted data.
price ($mm)
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closed 1/20/2022 via PR Newswire

MRI Software LLC, acquired Angus Systems

synopsis: MRI Software, a global leader in real estate software, has acquired Angus Systems, a Toronto-based provider of enterprise-class building operations management software for commercial real estate owners and operators.
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: Angus Systems
Angus Systems is a Toronto-based provider of enterprise-class building operations management software for commercial real estate owners and operators.
price ($mm)
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closed 11/4/2021 via Company Press Release

Main Capital Partners BV, acquired Zig Websoftware B.V.

synopsis: Main Capital Partners announced the acquisition of a majority stake in Zig Websoftware. Zig develops and implements innovative software solutions for housing corporations, student accommodation and commercial property management and is the market leader in housing allocation.
buyer: Main Capital Partners BV
Netherlands-based Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, Germany, Austria, Switzerland, and Nordics regions. Within this sector, Main Capital is the most specialized company in management buyouts and later-stage growth capital. "
target: Zig Websoftware B.V.
Zig develops and implements innovative software solutions for housing corporations, student accommodation and commercial property management and is the market leader in housing allocation.
price ($mm)
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closed 9/10/2021 via BNC Analysis

VITEC Software Group, acquired Vabi

synopsis: Vitec Software Group AB (publ), the market leader for Vertical Market Software in the Nordic region, has acquired Vabi Holding B.V., a Dutch software company focused on the real estate industry. Vabi provides energy management software that enables real estate businesses to make their buildings sustainable and energy-efficient.
buyer: VITEC Software Group (OM:VIT B:$1,644.58)
Vitec is the market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. Their employees are based in Denmark, Finland, Norway and Sweden. "
target: Vabi
Vabi is a Dutch software company focused on the real estate industry. Vabi provides energy management software that enables real estate businesses to make their buildings sustainable and energy-efficient. They offer solutions for energy management, building information management, and simulation.
price ($mm)
rev ($mm)
$8
EBITDA ($mm)
$5
EV / rev
0.0x
EV / EBITDA
0.0x
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)
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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)
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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:$5,203.30)
Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets. The company holds leading positions in intelligent operating solutions, precision technologies, and advanced healthcare solutions. "
target: ServiceChannel, Inc.
ServiceChannel provides facilities managers with a single platform to source, procure, manage and pay for repair and maintenance services from commercial contractors across their enterprise. They provide a real time and web‐based view of service data across all trades, locations and contractors.
price ($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)
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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)
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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)
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announced 6/20/2022 via BNC Analysis

Aareon AG, will acquire Momentum Software

synopsis: Aareon AG, a provider of ERP software and digital solutions for the European property industry, will acquire a 93% stake in Momentum Software, a provider of web-based property management software in Sweden. Momentum allows property managers to digitilize all aspects of property management, including leasing, maintenance, energy management and more.
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: Momentum Software
Momentum Software is a leading provider of web-based property management software in Sweden. Momentum allows managers of both commercial and residential property to digitilize all aspects of property management, including leasing, maintenance, energy management and more.
price ($mm)[EV]
$167 [$158]
rev ($mm)
$10
EBITDA ($mm)
$2
EV / rev
15.9x
EV / EBITDA
81.1x
announced 6/20/2022 via BNC Analysis

Aareon AG, will acquire Momentum Software

synopsis: Aareon AG, a provider of ERP software and digital solutions for the European property industry, will acquire a 93% stake in Momentum Software, a provider of web-based property management software in Sweden. Momentum allows property managers to digitilize all aspects of property management, including leasing, maintenance, energy management and more.
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: Momentum Software
Momentum Software is a leading provider of web-based property management software in Sweden. Momentum allows managers of both commercial and residential property to digitilize all aspects of property management, including leasing, maintenance, energy management and more.
price ($mm)[EV]
$167 [$158]
rev ($mm)
$10
EBITDA ($mm)
$2
EV / rev
15.9x
EV / EBITDA
81.1x
closed 8/25/2021 via BNC Analysis

Aareon AG, acquired wohnungshelden GmbH

synopsis: Aareon, a provider of ERP software and digital solutions for the European property industry, has acquired wohnungshelden GmbH, a company that develops a software for housing companies to digitalize lettings process. The company was founded in 2015 and is based in Munich, Germany.
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: wohnungshelden GmbH
wohnungshelden GmbH develops a software for housing companies to digitalize lettings process. The company was founded in 2015 and is based in Munich, Germany.
price ($mm)
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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)
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closed 1/29/2021 via Company Press Release

Aareon AG, acquired Arthur

synopsis: Aareon, the leading German provider of ERP software and digital solutions for the European property industry, has acquired a 100% stake in Arthur Online Ltd. Based in London, Arthur offers a best-in-class SaaS property management solution that brings together Property Managers, Property Owners, Tenants, and Contractors in one single platform.
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: Arthur
Based in London, Arthur offers a best-in-class SaaS property management solution that brings together Property Managers, Property Owners, Tenants and Contractors in one single platform. Via its suite of integrations, Arthur streamlines its clients’ property management processes from start to finish.
price ($mm)
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announced 11/27/2019 via Company Press Release

Aareon AG, will acquire CalCon Group

synopsis: Aareon, Europe’s leading provider of systems and consulting services for the property industry and its partners, will acquire Munich-based CalCon Group, a software developer and professional consultation and services company. Aareon will use CalCon’s solutions to increase the number of processes it covers across the real estate lifecycle.
buyer parent: Aareal Bank AG
buyer: Aareon AG
Germany-based Aareon AG is Europe's leading consultancy and systems house for the property sector. The company offers its customers pioneering and secure consulting services, software and other services aimed at optimising their IT-based business processes. "
target: CalCon Group
Munich-based software developer, CalCon was originally spun off from the Fraunhofer Institute for Building Physics IBP. The company has become the market leader with its USP epiqr®, a process for assessing structural condition of properties in Germany and Austria.
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closed 7/11/2012 via BNC Analysis

Aareon AG, acquired 1st Touch Limited

synopsis: Aareon AG the leading consultancy and IT systems house for the European property sector, has announced that it has acquired 1st Touch Limited, the UK’s leading developer of mobile systems for the social housing and public sector.
buyer parent: Aareal Bank AG
buyer: Aareon AG
Aareon AG, a wholly-owned subsidiary of Aareal Bank AG, is Europe's leading consultancy and IT systems house for the property sector. The business activities focus on optimising the IT-supported business processes of property companies and their market environment. "
target: 1st Touch Limited
1st Touch, based in Southampton UK, has enabled dozens of field workforce-based organisations to embrace new mobile technologies and so achieve significant savings, greater productivity and more cost-effective use of resources.
price ($mm)
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closed 5/2/2022 via PR Newswire

Aktion Associates, Inc., acquired United Solutions Inc.

synopsis: Aktion Associates, Inc. has acquired United Solutions, a Massachusetts based Sage construction & real estate (CRE) software reseller. This transaction is the continuation of a series of strategic Aktion investments recently made to improve its offerings in the construction industry vertical.
buyer: Aktion Associates, Inc.
Aktion Associates is a national ERP software reseller and IT infrastructure provider focused on the architectural engineering & construction, distribution and manufacturing industries. Since 1979, more than 6,500 customers have chosen Aktion as their technology advisor. "
target parent: Acumen Information Systems
target: United Solutions Inc.
United Solutions delivers expert service and advice to thousands of construction companies. United Solutions is a leading reseller and partner with Sage and offers tools for business development, estimating, project management, financial accounting, service operations, and business intelligence.
price ($mm)
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closed 7/31/2019 via BNC Analysis

Acumen Information Systems, acquired United Solutions Inc.

synopsis: Acumen Information Systems, a leading business management provider of Sage Software Solutions, announced the acquisition of the United Solutions Group, a company that partners with industry leading software providers to create tailored solutions for construction, property management and service businesses.
buyer: Acumen Information Systems
Acumen has successfully led hundreds of clients in the implementation of Sage Business management solutions. Clients rely on Acumen for their dedication to customer service, determination in streamlining accounting functions, commitment to transparent communication and focus on business value. "
target: United Solutions Inc.
United Solutions is the technology partner to construction businesses in New England. They partner with industry leading software providers to create tailored solutions for construction, property management and service businesses.
price ($mm)
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closed 7/17/2019 via Company Press Release

Strategies Group Inc., purchased Acumatica Business Unit from United Solutions Inc.

synopsis: Strategies Group, a company that provides clients with technology-based management solutions, has announced the acquisition of the Acumatica business unit of United Solutions, Inc., a construction technology leader. Acumatica is widely regarded as the industry’s state-of-the-art construction-specific platform.
buyer: Strategies Group Inc.
Strategies Group provides clients with technology-based management solutions. The Strategies Group team has implemented and supported over 2,500 clients in the construction, manufacturing, field service and distribution industries. "
seller: United Solutions Inc.
United Solutions partners with industry leading software providers to create tailored solutions for construction, property management and service businesses. Their Acumatica business unit is an expert in Acumatica, the industry’s state of the art construction-specific platform.
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closed 10/3/2018 via PR Web

Constellation Real Estate Group, acquired Baynet World

synopsis: Constellation Real Estate Group, a leading provider of scalable SaaS products in the real estate industry, has acquired the assets of Baynet World, Inc. Baynet offers turn-key solutions, as well as custom websites, comprehensive CRM platforms, website management, IDX technology, and marketing solutions for real estate agents and brokerages.
buyer parent: Constellation Software, Inc.
buyer: Constellation Real Estate Group
Constellation Real Estate Group provides a suite of market leading software products designed specifically for the Real Estate industry. Over 500,000 Real Estate Agents and hundreds of Real Estate Brokerages across North America and Canada rely on their products to make business more successful. "
target: Baynet World
Founded in 1994, Baynet World, Inc. has been a pioneer in real estate technology and MLS solutions. Baynet keeps a portfolio of five families of services, including real estate websites, CRM platforms, marketing, IDX technology and enterprise solutions.
price ($mm)
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closed 12/15/2016 via PR Newswire

Saksoft Limited, acquired DreamOrbit Softech Private Limited

synopsis: Saksoft Limited announced that it has signed an agreement to acquire majority stake in Bengaluru based DreamOrbit Softech Private Limited (technology solution consulting firm with a focus on providing IT services to the Logistics Industry). With this acquisition, Saksoft will strengthen its offerings in the Digital space with emphasis on IoT.
buyer: Saksoft Limited (NSEI:SAKSOFT:$60.12)
Saksoft Limited is a global leader in providing digital transformation solutions and helping businesses stay relevant in a highly connected, rapidly evolving world. Saksoft offers a gamut of services including strategic consulting, information management, and application development. "
target: DreamOrbit Softech Private Limited
Incorporated in 2010, DreamOrbit has been providing specialist technology solutions for the logistics & transportation (including air, land & ocean) enterprises and has offices in Bengaluru (India), Delaware (USA). The company has 230 employees and works with 40+ active customers.
price ($mm)
$2.46*
rev ($mm)
$4
EBITDA ($mm)
EV / rev
1.0x
EV / EBITDA
announced 10/13/2009 via Market Wire

Computerized Facility Integration, LLC, will acquire Visser Software Services, Inc.

synopsis: Computerized Facility Integration, L.L.C., the leading Integrated Workplace Management Software (IWMS) service provider, announced that it has entered into a definitive agreement to acquire Visser Software Services, Inc., an ARCHIBUS Master Value-Added Reseller and Application Specialist.
buyer: Computerized Facility Integration, LLC
Since 1990, Computerized Facility Integration has been providing technology services to real estate and facility management clients at a host of public and private organizations. "
target: Visser Software Services, Inc.
New York City-based Visser Software Services, Inc. is an ARCHIBUS master vaule-added reseller, an ARCHIBUS application specialist, a founding member of the ARCHIBUS Developer Network, and an Authorized Autodesk Developer.
price ($mm)
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closed 12/2/2015 via Company Press Release

ARGUS Software, Inc., acquired Integrated Real Estate Resources, Inc.

synopsis: Altus Group Limited announced that it acquired Integrated Real Estate Resources Inc, a firm providing software implementation, business process improvement and customized solutions globally to the commercial real estate industry. The acquisition significantly enhances the application services capabilities of Altus Group's subsidiary ARGUS Software.
buyer parent: Altus Group Limited
buyer: ARGUS Software, Inc.
ARGUS Software develops products that provide consistency, transparency, and efficiency into the financial and operational processes driving the global commercial real estate market. Their products provide the complete solution for transacting, managing and growing commercial real estate portfolios."
target: Integrated Real Estate Resources, Inc.
Integrated Real Estate Resources, Inc. is a full-service consulting firm providing multi-dimensional services and expertise to the real estate industry. They combine a broad range of real estate knowledge and technical expertise to develop sophisticated analytical tools and software applications.
price ($mm)
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closed 7/6/2022 via Company Press Release

Planon Inc., acquired Atelier für Informatik und Architektur

synopsis: Planon, the leading global provider of innovative real estate and facility management software, has acquired Atelier für Informatik und Architektur (AIA), a Swedish IT consulting company that specializes in real estate and facility management. AIA provides solutions for property management, workplace management, maintenance management, and more.
buyer: Planon Inc.
Planon is the leading global provider of innovative real estate and facility management software. Planon helps building owners and occupiers, commercial service providers, and financial controllers to streamline business processes for buildings, assets, workplaces and people. "
target: Atelier für Informatik und Architektur
Atelier für Informatik und Architektur (AIA) is a Swedish IT consulting company that specializes in real estate and facility management. AIA helps companies to implement leading CAFM/IWMS systems. They provide solutions for property management, workplace management, maintenance management, and more.
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closed 1/5/2022 via BusinessWire

CBRE Group, Inc., acquired Buildingi

synopsis: CBRE Group announced it has acquired Buildingi, a leading provider of occupancy planning and technology services, to meet growing occupier demand for holistic occupancy management services. Buildingi will fully integrate with CBRE’s Occupancy Management team and initially transition to “Buildingi from CBRE.”
buyer: CBRE Group, Inc. (CBRE:$26,106.32)
CBRE Group, Inc., a Fortune 500 and S&P 500 company, is the world’s largest commercial real estate services and investment firm. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management, property management, and more. "
target: Buildingi
Buildingi is a leading provider of occupancy planning and technology services. Its offerings include Integrated Workplace Management System (IWMS) software, Computer Aided Design and Building Information Modeling, occupancy planning, and Microsoft 365 services.
price ($mm)
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announced 10/4/2018 via PR Newswire

JLL, will acquire ValuD

synopsis: JLL announced an agreement to acquire ValuD Consulting, a leading provider of IBM software integration and consulting services in the United States and India. ValuD is a leader in providing technology solutions to Real Estate and Facilities Management organizations.
buyer: JLL (JLL:$20,131.30)
JLL is a financial and professional services firm that specializes in commercial real estate services and investment management. They are in business to create and deliver real value through commercial real estate for clients, shareholders and their own people. "
target: ValuD
ValuD is a leader in providing technology solutions to Real Estate and Facilities Management organizations, with a practice focused on the sales, implementation, training, and support of IBM TRIRIGA.
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announced 6/12/2019 via BusinessWire

RealPage, Inc., will acquire Hipercept

synopsis: RealPage, Inc. will acquire Hipercept, a provider of data services and data analytic solutions to institutional real estate owners. Hipercept offers a cloud-based commercial and multifamily real estate valuation cash flow forecasting product called FUEL, and a data warehouse, data governance and an extensive analytics platform called Foundation.
buyer: RealPage, Inc. (RP:$1,115.20)
RealPage is a leading global provider of software and data analytics to the real estate industry. Clients use its platform to improve operating performance and increase capital returns. "
target: Hipercept
Hipercept is a global provider of consulting, technology and managed services to the Alternative Investments industry. Hipercept offers a cloud-based real estate valuation cash flow forecasting product called FUEL, and a data warehouse, data governance and analytics platform called Foundation.
price ($mm)
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closed 9/19/2018 via PR Newswire

Gelbgroup Consulting merged with FITECH Consultants,

synopsis: FITECH Consultants, LLC and Gelbgroup Consulting Inc. announced they have merged the companies to create FitechGelb. The combined company is a force that provides the real estate industry a full suite of real estate consulting, world-class IT solutions and outsourced accounting and lease abstraction services, with a national and global footprint.
buyer: FITECH Consultants
Since 2001, FITECH has been at the forefront of business technology, with a specialty in real estate technology services. FITECH offers business process consulting and managed IT and Cloud services that improve operations and ensure that your system fully maximizes efficiency and profitability. "
target: Gelbgroup Consulting
Since 1996, Geoffrey Gelb has operated Gelbgroup Consulting Inc., a Property Management Consulting Company specializing in Yardi System’s suite of products. They offer Yardi clients specialized services such as implementation, process review, report writing and on site programming.
price ($mm)
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closed 5/23/2018 via Company Press Release

Reapit, acquired Resource Techniques Ltd

synopsis: Reapit Ltd, the preferred platform that successful estate agents use to run and grow their businesses, has completed the acquisition of Resource Techniques Ltd, the specialist estate agency software, web design and online services company. The acquisition will strengthen Reapit’s core market share in the UK.
buyer parent: Accel-KKR
buyer: Reapit
Reapit is the preferred platform that successful estate agents use to run and grow their businesses – from sales to lettings, front office to back office, and everything in between. Its combined solution (RPS) has been repeatedly recognised for excellence, winning numerous industry awards. "
target: Resource Techniques Ltd
Resource Techniques is a specialist Estate Agents software, web design and online services company providing estate agents with a diverse range of services. Their web department employs the latest internet technologies to ensure that customers' websites appear high in the search engine rankings.
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