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Buildout Announces Acquisition Of Apto

Jan 19, 2022•almost 4 years ago

Acquiring Company

Buildout

Acquired Company

Apto

SoftwareInformation TechnologySoftware

Description

Buildout, the premier developer of commercial real estate (CRE) property marketing automation software used by one-third of brokers, today announced that they acquired Apto, a premier provider of CRM and deal management software for CRE brokers. As part of this acquisition, Buildout will optimize its offerings across Apto's and Buildout's solutions.

Company Information

Company

Buildout

About

In 2010 Buildout pioneered commercial real estate (CRE) marketing automation. Today, with over 35,000 brokers and with 12 of the top 20 brokerages counted as customers, Buildout continues to be the leader in CRE marketing automation in addition to recently launching valuable, integrated back-office workflow and customer relationship management (CRM) solutions. Developed in close collaboration with our customers, Buildout allows brokerages to bring their expertise to every stage of their deals all from within one platform. As of February 23, 2021 Buildout and Rethink CRM have joined forces to deliver a world-class, integrated end-to-end deal pipeline generation and management platform purpose-built for CRE brokers and brokerage firms.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed