Yardi Acquires Space Management Provider Planimetron

Oct 11, 2022•about 3 years ago

Acquiring Company

Yardi®

Acquired Company

Planimetron

Santa BarbaraSoftwareCommercial Real EstateReal Estate

Description

Leading real estate technology provider Yardi® announced today that it has acquired Planimetron to help meet the growing demand for efficient space management by office, retail and industrial real estate owners and operators.

Company Information

Company

Yardi®

Location

Santa Barbara, California, United States

About

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry.

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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

Yardi Acquires Space Management Provider Planimetron

Description

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Company Information