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Fexa Acquires Trakref To Expand Facilities Management Platform Into

Apr 04, 2023•over 2 years ago

Acquiring Company

Fexa

Acquired Company

TrakRef, Inc.

NashvilleSaasInformation TechnologySoftwareFacility ManagementEnterprise SoftwareSoftware

Description

Fexa, a highly configurable facilities management enterprise SaaS platform, today announced its acquisition of Trakref to deliver on its mission of helping facilities and operations teams leverage technology to drive better business outcomes.

Company Information

Company

Fexa

About

Fexa is a facilities management SaaS (Software-as-a-Service) solution dedicated to making it simpler for facilities and operations teams to achieve greater efficiency and ROI. The company’s highly configurable platform utilizes a compelling workflow engine to serve customers in a wide range of markets, including retail, healthcare, automotive, quick serve restaurant, e-commerce logistics, convenience, and broker or self-performing service providers. From work order, location and asset management to complex project management, the Fexa platform strives to enhance and automate business and operational priorities through purpose-built, highly flexible software, tools and support. Fexa is easy to use, flexible and wicked smart.

Company News

(6 articles)

Tue, 04 Apr 2023 07:00:00 GMT

Fexa Acquires Trakref to Expand Facilities Management Platform into Sustainability Compliance - PRWeb

Mon, 08 Aug 2022 07:00:00 GMT

cfr and fexA genes in methicillin-resistant Staphylococcus aureus from humans and livestock in the Netherlands - Nature

FundzWatch™ Score

High M&A Activity

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