Accruent, a portfolio company of Genstar Capital, has acquired Centennial, Colorado-based EMS Software, a provider of software for meetings. No financial terms were disclosed.
AUSTIN, TX, June 4, 2018 – Accruent, the world’s leading provider of physical resource management solutions, has acquired EMS Software, bringing the industry-leading workplace and campus management platform into its portfolio, and offering customers the ability to make data-driven meeting space planning decisions. This acquisition continues to build on Accruent’s strategy to deliver the entire lifecycle of managing physical resources to core industries including enterprises, higher education, healthcare, and the public sector.
The EMS Software solutions manage, monitor and control every aspect of meeting rooms, classrooms, gathering spaces, and office hoteling through a single platform. It serves over 8 million users per day at more than 2,000 organizations, providing the visibility, control and insight that enterprises and universities need to increase productivity, reduce costs, attract and retain people, and differentiate their brand. The platform integrates with Microsoft Office, Google G Suite and additional industry-standard and best-of-breed hardware and software solutions, including the Accruent maintenance management platform. EMS readily scales to support the needs of organizations, offering campus-wide scheduling, advanced meeting management features, self-service video conferencing, integration flexibility, configurable business rules, and comprehensive analytics.
“The mission of our clients is to optimize their physical spaces, create a stellar working or learning environment and reduce costs. We acquired EMS Software because their platform helps our customers achieve their missions,” said John Borgerding, CEO, Accruent. “When integrated with our existing portfolio, organizations get the analytics and insights they need to make data-driven space planning decisions. We are learning from our 175 joint customers and are proud to continue investing in the EMS platform.”
Work and study spaces are evolving to become more flexible across both business and education. According to Gallup’s 2017 State of the American Workplace report, about 70 percent of U.S. offices utilize an “open” environment, indicating this design is now mainstream. Universities are creating adaptable learning spaces by incorporating makerspaces, building in telepresence technologies, and keeping creative rooms available for longer hours to support collaborative education (1). The Accruent portfolio with EMS products is perfectly positioned to assist companies and schools that have already implemented or are adopting these growing design trends.
“By bringing EMS and Accruent together, we’ll help a broader array of enterprises and universities get the most from their work and learning environments,” said Craig Halliday, CEO, EMS Software. “Our customers will realize greater benefits by tapping into Accruent’s global support and delivery team while integrating room scheduling with Accruent’s solutions in maintenance management, project management and capital planning.”
Accruent will continue supporting EMS Software customers and pursuing the product’s multi-year roadmap while adding integration with Accruent’s existing physical resource management solutions.
Accruent is a global software company that helps organizations achieve superior performance by transforming how they manage their physical resources. Its innovative, industry-leading cloud-based software and services enable organizations to optimize all stages of real estate, facilities and asset management, from capital planning through to IoT-based monitoring and control. With a proven track record across two decades, Accruent has created the only integrated SaaS-based framework and reporting platform for full lifecycle physical resource management. More than 9,000 global customers depend on Accruent solutions to drive out hidden costs, extend asset lifecycles, protect their brands, ensure compliance and deliver on the missions of their organization. Headquartered in Austin, Texas, Accruent serves a wide range of industries in 149 countries around the world.
About EMS Software
EMS Software removes the barriers to inspired work by connecting your people, tools and technology within a single platform. AIG, Yale University, Accenture, and thousands of other leading companies and universities in more than 75 countries rely on EMS Software’s comprehensive, enterprise-class resource and space management solution to power their dynamic work and learning environments. The EMS platform integrates with both hardware and software infrastructures to provide the visibility, control and insight needed to increase productivity, reduce costs, attract and retain people, and differentiate enterprise brands.