Marlin’s Verisae Acquires Hara Software

Verisae, a global provider of asset maintenance, energy, and sustainability Software-as-a-Service solutions, has acquired Hara Software. Based in San Mateo, California, Hara’s cloud-based software helps sustainability professionals track, report, and execute against cost savings opportunities, compliance requirements, and operational improvements. Verisae is a Marlin Equity Partner’s portfolio company.

PRESS RELEASE

Verisae, the leading global provider of asset maintenance, energy, and sustainability Software-as-a-Service (SaaS) solutions, today announced the acquisition of Hara Software. Based in San Mateo, California, Hara’s cloud-based software helps sustainability professionals track, report, and execute against cost savings opportunities, compliance requirements, and operational improvements.

“The acquisition of Hara supports our commitment to helping our customers achieve sustainable and profitable growth,” stated Jerry Dolinsky, CEO of Verisae. “The addition of Hara is highly strategic and broadens the depth of our integrated sustainability platform.”

Dolinsky further added, “Hara customers will benefit by gaining access to Verisae’s comprehensive software solutions – from asset management, energy demand management and lease management to remote monitoring – in one integrated sustainability platform, in addition to our great product development team and our industry best practices, which we’ve built over our 13-year history.”

“With this development, Hara is adding to Verisae’s robust platform of integrated software services that will improve the offering for our combined customer base,” said Rodrigo Prudencio, CEO of Hara Software. “We look forward to working with Jerry and his team on a successful integration with Verisae.” Prudencio will step down as CEO of Hara following the completion of the acquisition.

The acquisition of Hara follows Verisae’s recent purchase of WorkOasis, a Georgia-based SaaS company. The combined software platform will launch in the first quarter of 2014 with all Verisae, Hara, and WorkOasis customers gaining access to expanded functionality.

The growing Verisae network of retail, hospitality, retail banking, education, technology, manufacturing, service management, and government customers represent over 68,000 buildings and sites, creating one of the largest global networks of its kind, with a presence in over 70+ countries worldwide.

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About Hara

Hara’s cloud-based software platform makes energy and resource data simple to acquire – and act on. As the market leader serving over 50 global customers, Hara helps energy and sustainability professionals analyze, track, report, and execute against cost savings opportunities, compliance requirements, efficiency targets, and operational improvements. Discover a better way to manage energy, GHG emissions, and resource use through Hara.

About Verisae

Verisae is the leading global provider of cloud-based, SaaS solutions that help its customers manage their asset maintenance, energy and sustainability programs. By integrating business information and processes into one integrated platform with analytics to drive insight and fact-based decisions. Verisae is a privately held company backed by Marlin Equity Partners, a global investment firm with over $2.6 billion of capital under management.

Verisae, Inc.
c/o Lisa Kalis
612.455.2336
contact@verisae.com
www.verisae.com

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