FM:Systems Acquires Asure Software's Workspace Management Portfolio
October 8, 2019
FM:Systems, a workplace and facilities-management software provider backed by private equity firm Accel-KKR, has acquired Asure Software's Workspace Management portfolio, including room scheduling, hotdesking and sensor hardware/analytics solutions. The transaction, announced in October 2019 and closed December 3, 2019, expands FM:Systems' IWMS and workplace offerings and transfers Asure's workspace product team to FM:Systems.
- Buyers
- FM:Systems
- Targets
- Asure Software (Workspace Management portfolio)
- Sellers
- Asure Software, Inc.
- Industry
- Software
- Location
- Texas, United States
- Transaction Type
- Divestiture
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