Austin-based Accruent, which has been on a two-year buying spree, has snapped up two more companies.
The software maker said it has acquired EMS Software, based in Centennial, Colo., and Maintenance Connection, based in Davis, Calif.
Financial terms of the deals were not disclosed.
Accruent, which sells real estate, facilities and equipment management software, has grown through buying smaller companies.
The latest deals mark the company’s eighth and ninth purchases in the past 24 months. Accruent has made at least 19 acquisitions since its founding in 1995.
EMS sells software for managing and monitoring the use of meeting rooms, classrooms, gathering spaces and work desks.
Founded in 1985, EMS’s first customer was Colorado State University, which at the time was using a bound ledger to record class and meeting schedules. Today, the software is used by more than 2,000 organizations, according to Accruent.
“The mission of our clients is to optimize their physical spaces, create a stellar working or learning environment and reduce costs,” John Borgerding, Accruent CEO, said in a written statement. “We acquired EMS Software because their platform helps our customers achieve their missions.”
Maintenance Connection, founded in 1999, sells software that helps with maintenance and facilities management tasks. Its system helps maintenance teams manage work orders, organize and carry out preventative maintenance, predict maintenance and track equipment inventory.
The software is used by 350,000 maintenance managers worldwide, Accruent said.
“The mission of our customers is often to reduce costs and increase productivity while anticipating and supporting a facility’s goals,” Borgerding said. “That’s why we are expanding our multi-site offerings to deliver those efficiencies.”
Previously based in Santa Monica, Calif., Accruent moved its headquarters to Austin after opening an office here in 2010. In 2016, the company was acquired by San Francisco-based private equity firm Genstar Capital.
Accruent has more than 20 offices and 1,100 employees worldwide.
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